Abstract

This study develops an entrepreneurial typology employing two dimensions, high versus low entrepreneurial alertness and internal versus external attributional styles that helps illustrate why entrepreneurs start new businesses. The resulting 2×2 typology of entrepreneurs identifies four entrepreneur types based on these two dimensions: the true believer, clueless, practical, and reluctant. Using a representative sample of 315 nascent entrepreneurs from the Panel Study of Entrepreneurial Dynamics, we found that some types differed across three key entrepreneurial characteristics, need for achievement, risk-taking propensity, and commitment, thereby providing some preliminary empirical support for the typology’s validity. We conclude by discussing future research avenues.

Publication Date

2007

Comments

DOI: 10.1007/s11365-007-0041-4Note: imported from RIT’s Digital Media Library running on DSpace to RIT Scholar Works in February 2014.

Document Type

Article

Department, Program, or Center

Accounting (SCB)

Campus

RIT – Main Campus

Share

COinS