This paper investigates the decision by Small and Medium Enterprises (SMEs) to raise funding via the sale of equity. Prior theoretical and empirical work on the ‘pecking order’ of funding has indicated that we should not expect SMEs to prefer equity funding over internal funding and external...

This paper presents a conceptual model of the work effort decision of individuals and thereby advances our understanding of workaholism and other patterns of high or low work involvement and high or low work enjoyment. Researchers have categorized eight main types of work behaviors using the...

The aim of this paper is to provide a better understanding of the evolution of small firm performance. We do so by studying performance changes on a two dimensional "growth– profitability performance space". It is well established that both growth and profitability are important dimensions of...

The intention of an individual to behave entrepreneurially arises because the entrepreneur perceives self-employment (or entrepreneurial behaviour within an organization) to be utility-maximizing, and thus forms the motivation to behave entrepreneurially. As argued elsewhere, the intention to...

This study investigated the longitudinal behaviour of growth rates and profitability for a large sample of Australian firms. Similar to previous studies, growth rates were found to be much more volatile than profitability measures. Using a regression equation with lagged profit and growth...

An individual’s intention to behave entrepreneurially will have attitudinal and self-efficacy antecedents. Nascent entrepreneurs also have the choice to behave entrepreneurially in their own new business or to behave entrepreneurially in an existing business (as an intrapreneur). When faced...

This study seeks to make a theoretical contribution to the rapidly growing field of International Entrepreneurship by investigating the process of internationalization of Small and Medium Enterprises (SMEs). A substantial portion of the extant literature has focused on the patterns, pace and...

This article discusses the problem of making practical use of research on entrepreneurship. The introduction deals with the general problem of different goals and knowledge interests on the part of researchers and practitioners, and how the differences can be bridged. Regarding entrepreneurship...

We use the resource-based theory of the firm as our primary orienting device, but we also stress the inescapable paradoxes of strategic thinking. The basic idea is that strategic leadership is needed precisely because there are no easy formulas to navigate complex settings. We emphasize that...

This paper reports on the nature and extent of intrapreneurship (or corporate entrepreneurship) practiced by Australian businesses. We examined the relationship between measures of corporate entrepreneurship and firm growth and profitability, and utilized measures devised by earlier 3...