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Identifying High Potential Entrepreneurs In A Developing Country: A Cluster Analysis Of Ugandan Entrepreneurs

Author

Listed:
  • ARTHUR SSERWANGA

    (Faculty of Commerce, Makerere University Business School, P.O. Box 1337, Kampala, Uganda)

  • GERRIT ROOKS

    (School of Innovation Sciences, Eindhoven University of Technology, Den Dolech 2, Eindhoven, The Netherlands)

Abstract

It has often been argued that entrepreneurs in developing countries can be classified as either "survival" or "growth-oriented." However, there is little systematic knowledge about classification of entrepreneurs in developing countries. We propose that what we call high potential entrepreneurs can be distinguished from low potential entrepreneurs, given that high potential entrepreneurs recognize and effectively exploit opportunities. In this paper we classify entrepreneurs using three core entrepreneurial activities; opportunity recognition, planning and innovativeness. A cluster analysis of about 700 Ugandan entrepreneurs yielded two natural, distinct and internally homogeneous groups of high potential and low potential entrepreneurship.

Suggested Citation

  • Arthur Sserwanga & Gerrit Rooks, 2013. "Identifying High Potential Entrepreneurs In A Developing Country: A Cluster Analysis Of Ugandan Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 18(02), pages 1-15.
    • Handle: RePEc:wsi:jdexxx:v:18:y:2013:i:02:n:s1084946713500106
    DOI: 10.1142/S1084946713500106
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    References listed on IDEAS

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    1. Erhard Berner & Georgina Gomez & Peter Knorringa, 2012. "‘Helping a Large Number of People Become a Little Less Poor’: The Logic of Survival Entrepreneurs," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 24(3), pages 382-396, July.
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