A structural model of the effects of entrepreneurial charact venture performance Herron, Lanny.
By: Herron, Lanny
Material type:
ArticlePublisher: 1993Description: 281 - 294
In:
Journal of Business VenturingSummary: Venture capitalists, angel investors, and experienced, successful entrepreneurs, when asked to identify the most important determinant of new venture performance, will undoubtedly answer the entrepreneur. Likewise, prominent academic scholars responsible for the accelerating development of entrepreneurship theory and research would almost always agree. Unfortunately, empirical and theoretical understanding of the influence of the entrepreneur on new venture performance (NVP) has long been stymied. Studies of entrepreneurial characteristics have failed to demonstrate convincing links with entrepreneurial states of being or with NVP, though studies of the former have shown more promise than have those of the latter. In an attempt to explain the failure to link entrepreneurial characteristics with performance and thus to stimulate and modify research agendas, this paper derives a structural, causal model of the relationships between entrepreneurial characteristics and performance. This derivation draws upon current psychological, management, economic, and entrepreneurship theory. Though there is considerable controversy in the field of psychology concerning the ability of...
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Ahmedabad (HO) | (Browse shelf) | Vol. 8, Issue. 3 | Available | 020347 |
Venture capitalists, angel investors, and experienced, successful entrepreneurs, when asked to identify the most important determinant of new venture performance, will undoubtedly answer the entrepreneur. Likewise, prominent academic scholars responsible for the accelerating development of entrepreneurship theory and research would almost always agree. Unfortunately, empirical and theoretical understanding of the influence of the entrepreneur on new venture performance (NVP) has long been stymied. Studies of entrepreneurial characteristics have failed to demonstrate convincing links with entrepreneurial states of being or with NVP, though studies of the former have shown more promise than have those of the latter. In an attempt to explain the failure to link entrepreneurial characteristics with performance and thus to stimulate and modify research agendas, this paper derives a structural, causal model of the relationships between entrepreneurial characteristics and performance. This derivation draws upon current psychological, management, economic, and entrepreneurship theory. Though there is considerable controversy in the field of psychology concerning the ability of...
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