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| Author: | Maxwell, J. R. Westerfield, D. L. |
| Title: | Technological Entrepreneurism Characteristics Related to the Adoption of Innovative Technology |
| Journal: | Advanced Management Journal
2002 : WINTER, VOL. 67:1, p. 9-13 |
| Index terms: | ENTREPRENEURSHIP TECHNOLOGY INNOVATION |
| Language: | eng |
| Abstract: | The author of the article states that entrepreneurs have been crucial to the development of the U.S. economy and to the introduction of technological innovations, so understanding their characteristics is crucial. Using a classification of entrepreneurs as either Opportunistic (middle to upper class, quite well educated, with some business skills) or Craftsman (blue collar, often technical education, lone operators), the authors sought to find out which was more apt to use technology in their business. Data based on a survey of small manufacturing firms in the St. Louis area found that the Opportunistic type was more than twice as likely to use innovative technology. Statistical relationships between other characteristics and innovative entrepreneurism were also analyzed. |
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