Habitual entrepreneurs
By: Deniz Ucbasaran ... [et al.].
Series: Foundations and trends in entrepreneurship -- 4:4; Foundations and trends in entrepreneurship -- v. 4, no. 4.
Publisher: Now Publishers
Published: 2008
Place of publication: Boston
Language: eng
Format: [electronic resource] /
Number of pages: 142
ISBN-13: 9781601981134
Subjects: Entrepreneurship; Businesspeople; BUSINESS & ECONOMICS; Research
Description: This review explores the emerging debate relating to habitual entrepreneurs. Habitual entrepreneurs (also known as experienced or, latterly, repeat entrepreneurs) are a widespread phenomenon. An entrepreneur's business ownership experience may differ according to the number of private businesses s/he has established, inherited and/or purchased. The nature of an entrepreneur's business ownership experience may not be homogeneous. Some habitual entrepreneurs may exit one private business before owning a subsequent one (i.e., serial entrepreneurs), while others may start/purchase and retain ownership of several private businesses concurrently (i.e., portfolio entrepreneurs). This review compares the profiles, behavior, and contributions of habitual entrepreneurs (i.e., serial and portfolio entrepreneurs) and novice entrepreneurs (i.e., entrepreneurs with no prior business ownership experience). The theoretical and policy cases for distinguishing between different types of entrepreneur are made. Differences between types of entrepreneur are examined in terms of their human capital profiles (e.g., education, motivations, and skills). Behavioral differences are examined with regard to the acquisition of resources, opportunity identification, pursuit and mode of exploitation, and organizational strategies. Finally, entrepreneur and firm performance differences between the different types are reviewed. Policy and practitioner implications are raised and assuming an interventionist stance, the case for targeted assistance toward habitual, serial, and portfolio and novice entrepreneurs is discussed. Avenues for additional research attention are highlighted relating to the following themes: the nature of opportunities; information search; leveraging human capital; entrepreneurial teams; measures of habitual entrepreneurship; the role of the external environment; contexts for habitual entrepreneurship; and methods and data issues.
Notes: Includes bibliographical references (p. 121-142).

Description based on print version record.
Table of contents: title: Abstract; title: Introduction; title: Defining novice, habitual, serial, and portfolio entrepreneurs; title: The scale of the habitual entrepreneur phenomenon; title: The case for distinguishing between different types of entrepreneurs; title: The theoretical case; title: The policy case; title: Empirical evidence; title: Human capital profile differences; title: Behavioral differences; title: Performance; title: Policy and practitioner implications; title: Opportunity identification; title: Information and networks; title: Business failure experience; title: Future research; title: The nature of opportunities; title: Information search; title: Leveraging human capital; title: Entrepreneurial teams; title: Measures of habitual entrepreneurship; title: The role of the external environment; title: Contexts for habitual entrepreneurship; title: Methods and data issues; title: Conclusion; title: References; title: Updates.