Entrepreneurs and Ventures: An Attempt at Classification and Clarification
Academy of Management ReviewPublished 1 January 1977
Frederick A. Webster
Citations90
SJR quartileQ1
SJR score14.40
SNIP6.11
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Abstract
Confusion about concepts and terminology can be reduced by classifying types of entrepreneurs and their ventures. Three new concepts are introduced which relate to the independent entrepreneurial venture: (a) the Four-P Index (perceived payoff per principal), (b) the Life-Cycle of the Independent Entrepreneurial Venture, and (c) the “Succession of Firms” Concept.
Keywords
Business, Management and Accounting
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