Differentiating Entrepreneurs from Small Business Owners: A Conceptualization

James W. Carland · Frank Hoy · William R. Boulton · JoAnn C. Carland

318 citations0/0 files storedAcademy of Management Review

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Entrepreneurship Studies and Influences Firm Innovation and Growth Migration, Ethnicity, and Economy

Abstract

Abstract The literature of small business and entrepreneurship is explored. It is established that, although there is an overlap between entrepreneurial firms and small business firms, they are different entities. Using the 1934 work of Schumpeter and recognizing the additions to the field of current writers, a conceptual framework is established for the differentiation of entrepreneurs from small business owners.

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