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Entrepreneurs as Co-Operative Capitalists: High Tech CEOs in the UK

Listed author(s):
  • Hugh Whittaker
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    This paper presents the findings of a survey of CEOs in the UK high tech SME sector. Based on 510 responses, it builds up a picture of personal backgrounds, careers, reasons for starting or acquiring the business(es) and business objectives. A typology is developed, based on business objectives, of 'co-operative capitalists', 'capitalists', 'co-operatists' and 'coasters'. Participants' own comments show the importance of lessons learned in past employment, a cautious approach to business development, and an orientation to satisfying customer needs through employee involvement, often part of a 'stakeholder' and/or ethical orientation.

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    Paper provided by Centre for Business Research, University of Cambridge in its series Working Papers with number wp125.

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    Date of creation: Mar 1999
    Handle: RePEc:cbr:cbrwps:wp125
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