Author : Stephanie L. Wagener
Publisher :
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4.:/5 (129 download)
Book Synopsis Businessman or Host? Individual Differences between Entrepreneurs and Small Business Owners in the Hospitality Industry by : Stephanie L. Wagener
Download or read book Businessman or Host? Individual Differences between Entrepreneurs and Small Business Owners in the Hospitality Industry written by Stephanie L. Wagener and published by . This book was released on 2013 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior research has identified individual characteristics that distinguish business owners from non-business owners. We tested our contention that not every successful business owner can be characterized by such typical ldquo;entrepreneurialrdquo; characteristics. Multiple Analysis of Variance (MANOVA) on a unique dataset of 194 business owners in the hospitality industry revealed that several individual characteristics discriminated between entrepreneurs and small business owners. Entrepreneurs possessed higher levels of independence, tolerance of ambiguity, risk-taking propensity, innovativeness, and leadership qualities, but not of market orientation and self-efficacy. We conclude that ldquo;entrepreneurialrdquo; characteristics identified in the literature may be useful predicting a specific type of business ownership. However, other criteria need to be developed in order to describe other groups of business owners operating in the service industry.