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

Sigal Haber; Arie Reichel

doi:10.1016/j.jbusvent.2005.09.005

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

Sigal Haber
, Arie Reichel

Department of Tourism and Leisure Management

Research output: Contribution to journal › Article › peer-review

230 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 language	English
Pages (from-to)	119-145
Number of pages	27
Journal	Journal of Business Venturing
Volume	22
Issue number	1
DOIs	https://doi.org/10.1016/j.jbusvent.2005.09.005
State	Published - 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

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.jbusvent.2005.09.005

Cite this

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

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

Access to Document

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