Founder Characteristics and Start-Up Policies of Entrepreneurial Ventures: A Comparison between British and Indian Enterprise

Abstract

Research on entrepreneurship has had its focus shifting between the person, the project and the environment, depending on the paradigm's chosen by researchers. The two main paradigms guiding entrepreneurship research are: (1) the strategic choice model and (2) the population ecology model (see Manimala 1992 for a detailed discussion of the two models). Researchers who believe in the strategic choice model would tend to focus on the entrepreneurial personality, while those who believe in the population ecology model would tend to focus on the role of the environment in stimulating entrepreneurship. The 'project' is conveniently interpreted by the protagonists as the creation of the person or the environment, depending on the paradigm they believe in.