Strategic decision-making in small firms: a taxonomy of small business owners.

P Gibcus; PAM Vermeulen; JPJ Jong

doi:10.1504/IJESB.2009.021610

Strategic decision-making in small firms: a taxonomy of small business owners.

P Gibcus, PAM Vermeulen, JPJ Jong

Research output: Contribution to journal › Article › Academic › peer-review

37 Citations (Scopus)

Abstract

Most changes in firms take place after a decision has been made. Despite the small firms being no exception to this, the previous researches into decision-making processes have left this subject uncharted. The current study empirically investigates and identifies the different types of entrepreneurial decision makers. Drawing on a database of 646 entrepreneurs, five types of decision makers are distinguished: the Daredevils, the Lone Rangers, the Doubtful Minds, the Informers' Friends and the Busy Bees. We propose that the various types of Small Business Owners (SBOs) decision makers will differ in their cognitive abilities and find empirical support.

Original language	Undefined/Unknown
Pages (from-to)	74-91
Number of pages	18
Journal	International Journal of Entrepreneurship and Small Business
Volume	7
Issue number	1
DOIs	https://doi.org/10.1504/IJESB.2009.021610
Publication status	Published - 2009

Research programs

RSM ORG

Access to Document

10.1504/IJESB.2009.021610

Cite this

@article{ba1fc19d349b43a392952804fe6fcec3,

title = "Strategic decision-making in small firms: a taxonomy of small business owners.",

abstract = "Most changes in firms take place after a decision has been made. Despite the small firms being no exception to this, the previous researches into decision-making processes have left this subject uncharted. The current study empirically investigates and identifies the different types of entrepreneurial decision makers. Drawing on a database of 646 entrepreneurs, five types of decision makers are distinguished: the Daredevils, the Lone Rangers, the Doubtful Minds, the Informers' Friends and the Busy Bees. We propose that the various types of Small Business Owners (SBOs) decision makers will differ in their cognitive abilities and find empirical support.",

author = "P Gibcus and PAM Vermeulen and JPJ Jong",

year = "2009",

doi = "10.1504/IJESB.2009.021610",

language = "Undefined/Unknown",

volume = "7",

pages = "74--91",

journal = "International Journal of Entrepreneurship and Small Business",

issn = "1476-1297",

publisher = "Inderscience Enterprises Ltd",

number = "1",

}

TY - JOUR

T1 - Strategic decision-making in small firms: a taxonomy of small business owners.

AU - Gibcus, P

AU - Vermeulen, PAM

AU - Jong, JPJ

PY - 2009

Y1 - 2009

N2 - Most changes in firms take place after a decision has been made. Despite the small firms being no exception to this, the previous researches into decision-making processes have left this subject uncharted. The current study empirically investigates and identifies the different types of entrepreneurial decision makers. Drawing on a database of 646 entrepreneurs, five types of decision makers are distinguished: the Daredevils, the Lone Rangers, the Doubtful Minds, the Informers' Friends and the Busy Bees. We propose that the various types of Small Business Owners (SBOs) decision makers will differ in their cognitive abilities and find empirical support.

AB - Most changes in firms take place after a decision has been made. Despite the small firms being no exception to this, the previous researches into decision-making processes have left this subject uncharted. The current study empirically investigates and identifies the different types of entrepreneurial decision makers. Drawing on a database of 646 entrepreneurs, five types of decision makers are distinguished: the Daredevils, the Lone Rangers, the Doubtful Minds, the Informers' Friends and the Busy Bees. We propose that the various types of Small Business Owners (SBOs) decision makers will differ in their cognitive abilities and find empirical support.

U2 - 10.1504/IJESB.2009.021610

DO - 10.1504/IJESB.2009.021610

M3 - Article

SN - 1476-1297

VL - 7

SP - 74

EP - 91

JO - International Journal of Entrepreneurship and Small Business

JF - International Journal of Entrepreneurship and Small Business

IS - 1

ER -