The cumulative nature of the entrepreneurial process: The contribution of human capital, planning and environment resources to small venture performance

Sigal Haber, Arie Reichel

Research output: Contribution to journalArticlepeer-review

207 Scopus citations

Abstract

The study is theoretically grounded in the resource-based view and applied to a service industry-tourism. It examined the performance of small ventures by utilizing an integrated dynamic model of entrepreneur choices and resource accumulation. Each phase in the process is added to previous one. Findings from 305 small tourism ventures revealed that the human capital of the entrepreneur, particularly managerial skills, were the greatest contributing factor to performance. This was followed by venture type. The study illustrates the unique nature of the entrepreneurial process among small ventures, often defined as "lifestyle businesses".

Original languageEnglish
Pages (from-to)119-145
Number of pages27
JournalJournal of Business Venturing
Volume22
Issue number1
DOIs
StatePublished - 1 Jan 2007

Keywords

  • Entrepreneurial process
  • Performance
  • Resource-based view
  • Tourism entrepreneurship

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

Fingerprint

Dive into the research topics of 'The cumulative nature of the entrepreneurial process: The contribution of human capital, planning and environment resources to small venture performance'. Together they form a unique fingerprint.

Cite this