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Entrepreneurship: Theory and Practice

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Founder Centrality and Strategic Behavior in the Family-Owned Firm.
This paper explores how founders influence strategic management in the family business. The authors suggest it is essential to consider the central influence of a family firm's founder on the top . . .

The People/Performance Balance in IPO Firms: The Effect of the Chief Executive Officer's Financial Orientation.
Welbourne and Andrews (1996) studied IPO firms and found that Tobin's Q, at the time of the IPO, was lower for firms that they coded as having higher levels of human resource value (HR . . .

Employer Legitimacy and Recruitment Success in Small Businesses.
Recruiting new employees is one of the biggest challenges facing small businesses, and a key component of organizational success. Unfortunately, existing human resource literature has almost . . .

Entrepreneurial Dimensions: The Relationship of Individual, Venture, and Environmental Factors to Success.(Brief Article)(Statis
Entrepreneurship, a complex phenomenon, exhibits a rich history of theoretical contributions, but lacks a unifying theory. This research operationalizes a multidimensional framework for exploring . . .

Structuring Family Business Succession: An Analysis of the Future Leader's Decision Making.
This article examines the perception of potential family business leaders from a behavioral economics theory perspective. The findings suggest that high financial and behavioral sunk costs, as well . . .

Friendship Within Entrepreneurial Teams and its Association with Team and Venture Performance.
This article explores friendship within the entrepreneurial team with particular attention to its association with the team's behavior and the performance of the venture. Building on a foundation . . .

Human Resources in Initial Public Offering Firms: Do Venture Capitalists Make a Difference?
Venture capitalists' preference for complete, well-balanced founding teams is well established. In addition, the strategic human resource management literature posits that superior performance . . .

Human Resource Management Practices in Small and Medium-Sized Enterprises: Unanswered Questions and Future Research Perspectives
A qualitative assessment is used to identify and describe the "gaps" between concerns entrepreneurs have about human resource management issues in growing small and medium-sized enterprises (SMEs) . . .

CEO Dismissal in Venture Capital-Backed Firms: Further Evidence From an Agency Perspective.(Statistical Data Included)
This study uses agency theory to examine CEO dismissal in venture capital-backed firms. Prior applications of agency theory have focused on reducing managerial opportunism by aligning the interests . . .

CEO Stakes and Board Composition in Small Private Firms.
CEOs of small firms must reconcile two countervailing interests with respect to their board composition choices. Boards with substantial representation by "independent" directors--individuals who . . .

Research Note: Trade Name Franchise Membership as a Human Resource Management Strategy: Does Buying Group Training Deliver 'True
Human resource management (HRM) is an important source of competitive advantage. However, recent reports document that HRM, and in particular employee training, is less likely to occur in small . . .

Unraveling the Determinants and Consequences of an Inn ovation-Supportive Organizational Culture.
The current research identifies constructs that are supportive of an innovative culture in small to medium-sized enterprises. A sample of 429 employees in 23 small to medium-sized manufacturing . . .

Guest Editor's Comments Special Issue on Human Resource Management and the SME: Toward a New Synthesis.(Column)
Employers in developed nations at the dawn of the new millennium are coming to understand the human limitations of the past twenty year's pattern of economic growth. Whereas economies in some . . .

A Comparison of Business Success versus Failure Variables between U.S. and Central Eastern Europe Croatian Entrepreneurs.(Statis
In this study, 15 success versus failure variables were tested for differences between U.S. and Central Eastern Europe Croatian (CEEC) entrepreneurs. Nine of the values were significantly different . . .

Research Note: Entrepreneurship Research: An Empirical Perspective.
Researchers of strategy and performance relationships in entrepreneurial firms fall into three groups: those who view strategy as stable (planned) and slowly evolving; those who view strategy as . . .

Managing HR in the Small and Medium Enterprise: The Impact of Professional Employer Organizations.
Due to their limited size, many small and medium enterprises (SMEs) cannot justify full-time HR professionals in their organizations. Thus, the complex and time-consuming nature of many HR . . .

Human Resource Management, TQM, and Firm Performance in Small and Medium-Size Enterprises.
This study analyzes the moderating effect of two key human resource practices on the relationship between organizational strategy and firm performance. In a sample of 66 small to medium-sized . . .

Executive Editor's Comments.(Brief Article)
D. Ray Bagby Twenty-five years ago when this journal began publication as the American Journal of Small Business, there was only one other English language publication in the field, the Journal . . .

The Value of Patience and Start-up Firms: A Re-Examination of Entry Timing for Emerging Markets.
We investigate how changing technological and industry conditions in emerging markets, driven by product innovation, affect the exit rates of start-up versus established firms. We find that these . . .

Research Note University-sponsored Family Business Programs: Program Characteristics, Perceived Quality and Member Satisfaction.
University-sponsored family business programs act as important sources of continuing education and information for family businesses. In spite of rapid growth of such programs, relatively little . . .

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