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Policy toward novice, serial, and portfolio entrepreneurs

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Author Info
Paul Westhead
Deniz Ucbasaran
Mike Wright
Martin Binks

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Abstract

Support is being provided to increase the pool of novice entrepreneurs who have no prior business ownership experience. Policymakers and practitioners are, however, considering whether to allocate resources towards portfolio and serial entrepreneurs who have prior business ownership experience. To inform this policy debate, similarities and differences between novice, serial, and portfolio entrepreneurs in Scotland and their 354 surveyed firms are highlighted. Evidence suggests that portfolio entrepreneurs have more diverse resources than either serial or novice entrepreneurs. On average, portfolio entrepreneurs appear to offer more attractive growth prospects than other entrepreneurs. A case for support tailored to the aspirations and needs of novice, serial, and portfolio entrepreneurs is presented.

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Publisher Info
Article provided by Pion Ltd, London in its journal Environment and Planning C: Government and Policy.

Volume (Year): 22 (2004)
Issue (Month): 6 (December)
Pages: 779-798
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:pio:envirc:v:22:y:2004:i:6:p:779-798

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Web page: http://www.pion.co.uk

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  1. Deniz Ucbasaran & Paul Westhead & Mike Wright, 2008. "Opportunity Identification and Pursuit: Does an Entrepreneur’s Human Capital Matter?," Small Business Economics, Springer, vol. 30(2), pages 153-173, February. [Downloadable!] (restricted)
  2. M. Scholes & Mike Wright & Paul Westhead & Andrew Burrows & Hans Bruining, 2007. "Information Sharing, Price Negotiation and Management Buy-outs of Private Family-owned Firms," Small Business Economics, Springer, vol. 29(3), pages 329-349, October. [Downloadable!] (restricted)
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This page was last updated on 2009-11-26.


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