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Author:Shailer, G.
Title:Capitalists and entrepreneurs in owner-managed firms
Journal:International Small Business Journal
1994 : MAY-JUN, VOL. 12:3, p. 33-41
Index terms:ENTREPRENEURSHIP
COMPANIES
PRIVATE COMPANIES
Language:eng
Abstract:This paper considers the role of the capitalist and existence of entrepreneurs in the context of owner-managed firms with formal debt allowing the question of who serves the capitalist function to be addressed in a reasonably narrow context. some simple empirical observations regarding the effective transfer of capital risk are provided in this context. the general conclusion is that while nearly all owner-managers are obliged to assume the role of capitalist, only a minority will act as an entrepreneur.
SCIMA record nr: 113955
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