Provides an analysis of entrepreneurship as an essential aspect of the modern economy by grounding theoretical perspectives in reality that entrepreneurs face in their daily decision making. Entrepreneurship and Small Firms, Second Edition provides a comprehensive analysis of this essential aspect of the modern economy by grounding theoretical perspectives in the reality that entrepreneurs face in their day-to-day decision making. This fully revised edition begins with an exploration of the 'entrepreneurial personality' and examines the skills and processes involved in developing a successful small business. The author then presents an innovative study of the characteristics of the small-firm sector in the UK, with chapters on business creation, enterprise support and government policy . Th is expanded and up-dated book contains greater coverage of sources of finance for the small business, such as equity venture capital and debt finance. A new chapter contrasts recent developments in the UK with those in Europe and the global economy at large. Entrepreneurship and Small Firms, Second Edition combines an incisive analysis of topical theories of entrepreneurship with practical examples, real-life case studies, and strategic business plans. Students of entrepreneurship will acquire a thorough understanding of the small business sector and the skills needed to analyse and evaluate business enterprises. Special features: -International orientation which compares Western economies with others worldwide; Focus on key issue a relating to female and ethnic-minority entrepreneurship; More cases and examples and end-of-chapter exercises to illustrate important concepts; A supplementary tutor's manual with notes and suggested student assignments. This book is essenti a l read ing for all higher education courses on entrepreneurship, small firms and innovation.
