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Qualities of the growth-oriented entrepreneur

Author

Listed:
  • Ville-Veikko Piispanen
  • Kaarlo J. Paloniemi
  • Jaakko Simonen

Abstract

This article focuses on the relationship between entrepreneurs' human capital and business competences and their growth orientation in small and medium-sized enterprises (SMEs). Previous research has acknowledged that growth orientation is important in creating and developing a business. However, the research has been inconsistent and limited. Thus, the purpose of this paper is to focus on the qualities of the entrepreneur and investigate the role of growth orientation. Probit model analysis of our survey data shows that extensive experience as an entrepreneur-manager seems to decrease entrepreneurs' growth orientation. On the other hand, entrepreneurs' age, level of education and expectations of the industry's growth potentials have a positive influence on their growth orientation. Our findings reveal the factors that entrepreneurs themselves see as important for their growth orientation.

Suggested Citation

  • Ville-Veikko Piispanen & Kaarlo J. Paloniemi & Jaakko Simonen, 2018. "Qualities of the growth-oriented entrepreneur," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 34(1), pages 112-130.
    • Handle: RePEc:ids:ijesbu:v:34:y:2018:i:1:p:112-130
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    Citations

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    Cited by:

    1. Allal-Chérif, Oihab & Costa Climent, Juan & Ulrich Berenguer, Klaus Jurgen, 2023. "Born to be sustainable: How to combine strategic disruption, open innovation, and process digitization to create a sustainable business," Journal of Business Research, Elsevier, vol. 154(C).
    2. Agnieszka Ma³kowska & Ma³gorzata Uhruska, 2022. "Factors affecting SMEs growth: the case of the real estate valuation service industry," Oeconomia Copernicana, Institute of Economic Research, vol. 13(1), pages 79-108, March.
    3. Jeff Y-J Chen & Boris Urban, 2018. "Behavioral and Environmental Influences on Entrepreneurial Orientation," Journal of Economics and Behavioral Studies, AMH International, vol. 10(5), pages 73-88.

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