Entrepreneurial Process »

PAUL D. REYNOLDS is the Paul T. Babson Chair in Entrepreneurial Studies at Babson College.

SAMMIS B. WHITE is Professor of Urban Planning at the University of Wisconsin-Milwaukee.

A rich description of the entrepreneurial process based on representative samples of nascent entrepreneurs and new firms, with emphasis on the contributions of these new firms to economic growth, special situations of women and minorities, and implications for government policy.

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The authors focus on two research studies: the first on the early development of new firms in Minnesota, Pennsylvania, and Wisconsin, and the second on the process of deciding to start a firm and the factors that lead to a successful beginning for a firm. They address such topics as the characteristics of various growth trajectories, the impact of gender and ethnic identity on the entrepreneurial process, and implications for public policy and classical conceptions of market economies. Annotation c. by Book News, Inc., Portland, Or.