Abstract
This study investigates the differences between failed and operational businesses from a psychological perspective. The sample included 71 operational and 20 failed business owners from Suva, the capital of Fiji. It was hypothesized that operational business owners more often employ a detailed and long-term planning strategy, whereas failed business owners more often pursue a reactive strategy, that operational business owners set more specific and more difficult goals, and that they have a higher degree of human capital than failed entrepreneurs. The data were analyzed using discriminant analysis. Results confirmed the hypotheses regarding planning and goal specificity.
| Original language | English |
|---|---|
| Journal | Journal of Small Business Management |
| Volume | 45 |
| Issue number | 3 |
| Pages (from-to) | 388-400 |
| Number of pages | 13 |
| ISSN | 0047-2778 |
| DOIs | |
| Publication status | Published - 07.2007 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
Research areas and keywords
- Management studies
ASJC Scopus Subject Areas
- Strategy and Management
- Business, Management and Accounting(all)
- Management of Technology and Innovation
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