A perplexing issue in entrepreneurship studies is what leads to successful entrepreneurship and determining the characteristics of successful entrepreneurs. Based upon a multidimensional model of the entrepreneurial firm, we obtain a quantitative index of success. These results improve our understanding of the entrepreneurial process and can be used to formulate public policies to increase the success rate for startups, thereby enhancing the dynamic efficiency of a market economy.
Fried, Harold O. and Tauer, Loren W.
"UNDERSTANDING THE ENTREPRENEUR: AN INDEX OF ENTREPRENEURIAL SUCCESS,"
Frontiers of Entrepreneurship Research:
5, Article 7.
Available at: http://digitalknowledge.babson.edu/fer/vol29/iss5/7