Causes of heterogeneity in the entrepreneurial business modelling of small firms : A human capital perspective

Journal article

Najmaei, Arash. (2015). Causes of heterogeneity in the entrepreneurial business modelling of small firms : A human capital perspective. International Journal of Entrepreneurship and Small Business. 24(2), pp. 233-248. https://doi.org/10.1504/IJESB.2015.067288
AuthorsNajmaei, Arash
Abstract

To enrich the literature on the determinants and mechanisms of entrepreneurial success this research examines the importance of entrepreneurial business modelling (EBM) as an emerging theme in the entrepreneurship literature and investigates the role of human capital (general and specific) in this phenomenon. Data from a sample of 222 Australian small manufacturing firms were analysed using a partial least squares (PLS) approach. Results show that variation in EBM accounts for variance in the firm growth. In addition, both general and specific human capital account for the adoption of EBM but to varying degrees. Specifically, technological knowledge of executives and their general managerial experience tend to facilitate the adoption of EBM whereas tenure and education seem to reduce the capacity of executives to pursue EBM. Finally, it was found that although market knowledge of executives is positively related to their tendency to pursue EBM but the effect is not significant. Implications of these findings for theory and practice were illuminated and few directions for future research were illustrated.

Keywordsentrepreneurial business modelling; business model innovation; human capital; partial least squares; heterogeneity; small firms; manufacturing industry; entrepreneurship; Australia
Year01 Jan 2015
JournalInternational Journal of Entrepreneurship and Small Business
Journal citation24 (2), pp. 233-248
PublisherInderscience Publishers
ISSN1476-1297
Digital Object Identifier (DOI)https://doi.org/10.1504/IJESB.2015.067288
Web address (URL)https://www.inderscienceonline.com/doi/pdf/10.1504/IJESB.2015.067288
Research or scholarlyResearch
Page range233-248
Publisher's version
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All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online04 Feb 2015
Publication process dates
Accepted2015
Deposited03 Jun 2024
Additional information

Copyright © 2015 Inderscience Enterprises Ltd.

No file access requests accepted, distribution is forbidden.

Place of publicationSwitzerland
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