The growth of business groups by habitual entrepreneurs: the role of entrepreneurial teams
Previous research demonstrates that entrepreneurial processes underpin the growth of business groups. A business group is a set of companies controlled by the same entrepreneur. Case studies of portfolio entrepreneurs suggest that one of the main reasons for business group formation is the need to create an entrepreneurial team, which is achieved by giving minority shares in the new ventures to others, mainly former employees. This enhances the portfolio entrepreneur’s ability to grow and diversify the businesses under their control. The paper identifies and discusses the different types of entrepreneurial teams developed by portfolio entrepreneurs, and their dynamics.
|Date of creation:||Aug 2009|
|Date of revision:||Nov 2009|
|Contact details of provider:|| Web page: http://www.cmet05.it|
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