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The Bulgarian Entrepreneur as a Manager – background, managerial approaches and some reflections on SMEs performance

In: Youth and Women Entrepreneurship in Challenging International (Global) Business Environment. Proceedings of the Ninth International Conference, 11 – 14 June 2018, Lighthouse Golf and SPA Resort, Black Sea, Bulgaria

Author

Listed:
  • Kostadin Kolarov

    (Institute of Entrepreneurship, University of National and World Economy, Sofia, Bulgaria)

  • Maria Vasilska

    (Institute of Entrepreneurship, University of National and World Economy, Sofia, Bulgaria)

Abstract

The paper presents the results of a study on the assumption that there is a link between the educational characteristics and experience of entrepreneurs and their effectiveness as managers, measured by the performance of the enterprises they have founded. The study’s methodology includes a review of publications looking at entrepreneurs in their managerial role, previous studies forming the profile of the entrepreneur as well as an analysis of the entrepreneurial activity and performance of SMEs in Bulgaria. This review of publications justifies the investigated assumption as a basis for interpretation of the results from an empirical survey on entrepreneurial management approaches and practices. The empirical survey shows that there are differences in the impact of entrepreneur’s education and previous experience on the SMEs performance at different sizes of the enterprise, as well as on different performance indicators. The findings prove to a certain extent the assumed links but pose a number of additional questions for further research.

Suggested Citation

  • Kostadin Kolarov & Maria Vasilska, 2019. "The Bulgarian Entrepreneur as a Manager – background, managerial approaches and some reflections on SMEs performance," Conference Proceedings Chapters, in: Kiril Todorov & Jan Degadt (ed.), Youth and Women Entrepreneurship in Challenging International (Global) Business Environment. Proceedings of the Ninth International Conference, 11 – 1, edition 1, chapter 127, pages 170-187, Bulgarian Association for Management Development and Entrepreneurship.
    • Handle: RePEc:mdv:cpchap:y:2018:9
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    References listed on IDEAS

    as
    1. Susan Mueller & Thierry Volery & Björn von Siemens, 2012. "What Do Entrepreneurs Actually Do? An Observational Study of Entrepreneurs’ Everyday Behavior in the Start–Up and Growth Stages," Entrepreneurship Theory and Practice, , vol. 36(5), pages 995-1017, September.
    2. James W. Carland & Frank Hoy & William R. Boulton & Jo Ann C. Carland, 2007. "Differentiating Entrepreneurs from Small Business Owners: A Conceptualization," Springer Books, in: Álvaro Cuervo & Domingo Ribeiro & Salvador Roig (ed.), Entrepreneurship, pages 73-81, Springer.
    3. Alex Bryson & John Forth, 2018. "The Impact of Management Practices on SME Performance," National Institute of Economic and Social Research (NIESR) Discussion Papers 488, National Institute of Economic and Social Research.
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