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The Entrepreneur and the Initiation of New Venture Launch Activities

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  • Lanny Herron
  • Harry J. Sapienza

Abstract

Much of the previous research attempting to relate traits of the entrepreneur to new venture creation has failed to demonstrate a definitive linkage. This failure should not impugn the importance of the individual as the most cogent unit of analysis In entrepreneurship research and theory. On the contrary, since most new organizations are Initiated and created by individuals operating alone or in small teams, it should motivate new ways of modeling and testing the human phenomena involved In venture creation. Accordingly, this paper presents a structural model of the initiation of new venture creation which links psychological and behavioral concepts with those of organization theory to explain the initiation of launch activities for new business enterprises.

Suggested Citation

  • Lanny Herron & Harry J. Sapienza, 1992. "The Entrepreneur and the Initiation of New Venture Launch Activities," Entrepreneurship Theory and Practice, , vol. 17(1), pages 49-55, October.
  • Handle: RePEc:sae:entthe:v:17:y:1992:i:1:p:49-55
    DOI: 10.1177/104225879201700106
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