Psychological characteristics, business plan exploration, and intellectual capital take an indirect route to explaining entrepreneur identity aspiration through entrepreneurial skills.
Demographic characteristics of the business owners (marital status, age, education, business skills and experience) (Barbieri and Mshenga 2008); business characteristics (business age) and financial capital (loan) were included as control variables (Table 1).
That is, the performance of women owned microcredit supported businesses is determined by demographic characteristics of the owner, household characteristics, business's characteristics; financial capital, including the loan size and physical capital (child and adult labour) (Fig. 1).
The two clusters of items representing and forming the personal characteristics and business characteristics variables are further recomputed into one indicator using Principal Component Analysis.
Chaganti and Greene (2000) showed several significant differences between natives and migrants on variables relating to the entrepreneurs' background characteristics, business-related goals, cultural values, business strategies, and business performance.
Furthermore, we have shown that the changing composition of any worker characteristic or business characteristic during the time period can explain at most a quarter of the decline.
These executives left indoctrinated with Ferrazzi's characteristic advice: "Business success is about asking not only 'what' but 'who.'".
