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    Modelling entrepreneurship in small-scale enterprises

    Access Status
    Fulltext not available
    Authors
    Salim, Ruhul
    Date
    2005
    Type
    Journal Article
    
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    Citation
    Salim, Ruhul Amin. 2005. Modelling entrepreneurship in small-scale enterprises. Applied Economic Letters 12 (1): 51-57.
    Source Title
    Applied Economic Letters
    DOI
    10.1080/1350485042000307071
    Faculty
    Curtin Business School
    School of Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/28449
    Collection
    • Curtin Research Publications
    Abstract

    In the small-scale enterprises, the entrepreneurs and managers are often one and the same. This paper attempts to estimate the entrepreneurial competence in small-scale enterprises decomposing into entrepreneurial ability and managerial efficiency using the frontier production function. The empirical results show that most of the sample enterprises fail to realize their full entrepreneurial potential. The important implication of these results is that small enterprises should generate a different set of rules than large enterprises in the decision-making process that best conduces them to move toward their potential frontier.

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