Learning Objectives

At the end of this chapter you should be able to:

1. Describe the main theories and concepts of the entrepreneur

2. Compare and contrast different theories and concepts connected with the role of the entrepreneur

3. Discuss the application of these theories and concepts to attempts to research the personality of the entrepreneur

4. Describe some of the problems and limitations of research into the personality of the entrepreneur

5. Discuss some of the social and environmental factors that influence the extent of entrepreneurship

6. Distinguish between personality of owners and the management skills of small firm owner-managers, and the importance of the distinction between ownership and management of a small firm.