Project manager's characteristics influence in the entrepreneuri al process: A project-based entrepreneurship model

Abstract

Although real life entrepreneurs are constantly involved in projects and therefore many times they use project management practices, approaches and competences to pursue entrepreneurial opportunities, to date research studying the overlap of disciplines as entrepreneurship and project management have been undervalued. The aim of this paper is to suggest that there could be a possibility to increase theory and research on one field with support of the other. To based this viewpoint I revisit the ideas from already proposed but under researched perspectives on the study of entrepreneurship applying a project-based approach. This project-based movement in entrepreneurship gives support to consider some assumptions on how project management elements could fit and have a direct effect in the entrepreneurial process. Based on these assumptions, the purpose of this paper is to propose a conceptual model that emphasizes the different influence of project manager´s characteristics exhibited by entrepreneurs on distinctive steps of the entrepreneurial process i.e. more influence on opportunity exploitation rather than opportunity discovery. Moreover as some project manager´s characteristics like competences are more related to the type of project to be undertaken the nature of an opportunity, also seen as the nature of an entrepreneurial project, could have a moderator effect on the opportunity exploitation capacity of an entrepreneur. These relationships depicted in the model imply five propositions that are explained and that could be research empirically in the future. The main contribution of this paper is to propose a framework for future research on the entrepreneurial process from a project management-centred perspective in order to unbound and extend studies in the entrepreneurship field.

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