Entrepreneurial Status Research Articles

Predicting Entrepreneurial Success

Predicting entrepreneurial success using psychological variables like individualism-collectivism, achievement value, locus of control and the socio- cultural variable, for example the entrepreneurial status, had been the usual practice. These variables could identify the traits that differentiated a new entre preneur from a traditional one. This article makes an attempt to expand the measurement of entrepreneurial success from two other angles. Using two regression equations, one can predict the future success of an entrepreneur. It has also been observed that the psychological variables have a fairly high cor relation with entrepreneurial success, and all of them can also separately pre dict the success of an entrepreneur efficiently. However, the study establishes that the achievement value, along with entrepreneurial status, are the most effi cient predictor variables in predicting entrepreneurial success.

Psychological traits of rural entrepreneurs

This research focused on differences between rural and urban entrepreneurs. It replicates and extends a study of New England managers using data from 926 firms in rural North Florida. Probit and ordered probit models were used to analyze data. Entrepreneurial status and measures of firm performance were related to psychological traits. Type A behavior, need for achievement, ascendancy, emotional stability, and personal relations were the traits which differentiated founders and nonfounders. No major differences in psychological traits were found between rural and urban managers. Thus, psychological traits do not seem to pose constraints on expansion of entrepreneurship in rural areas.

Images Of The Medical Profession: Television Versus Reality

Images Of The Medical Profession: Television Versus Reality

Economic appraisal of co-operative enterprise in the United States: Principles and issues

Co-operatives are a unique type of enterprise with important differences from traditional firms. This paper explores these differences, with emphasis on the nature of their profits, entrepreneurial status, co-operative principles, transactional and cost differences and co-operative contributions to the economic system. Co-operative enterprises procure certain services for members at cost which distinguishes them from business firms which buy and sell products to make profits for the owners. Co-operation can be limited to two fundamental principles: services at cost and member control. Co-operatives aim to generate savings by providing members with goods and services more economically than they could obtain them from alternative sources. Thus, the co-operative intends to enhance profits in the individual businesses (or households) of members. However, members exercise entrepreneurial control over the co-operative—in much the same manner as do the owners of a business firm. Co-operatives aim to operate at different points on their short-run average cost curves than typical business firms and their differences in transactional perspective tend to increase competition in certain markets. Co-operatives frequently offer services firm entrepreneurs do not see fit to offer. Co-operatives thus have an important rôle in the US economic system.