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Its distinctive design was fashioned after European hunting lodges and reflected the revolutionary entrepreneurial commitment of Fred Harvey, the Civilizer of the West.
At the time, Brad W. Brinegar, the chairman and chief executive of McKinney, was quoted in a news release as saying, "My hope is that with the move, McKinney's clients will feel an even greater sense of entrepreneurial commitment to their success".
This study presents a parsimonious model of entrepreneurial capital defined as a multiplicative function of entrepreneurial competence and entrepreneurial commitment.
We identify four different critical junctures that spinout companies need to overcome if they are to succeed: opportunity recognition, entrepreneurial commitment, credibility and sustainability.
In contrast, the presence of entrepreneurial commitment without adequate entrepreneurial competence may be regarded as a waste of both time and resources.
Moreover, Busenitz and Lau (2001) found that entrepreneurial commitment, the entrepreneurial need for achievement and that the social environment of the entrepreneur like market conditions, social network and business experiences, had a direct impact on growth intentions.
Similar(51)
"The founders, Marko and Sasa Gargenta, have impressed us with their entrepreneurial leadership, commitment to learning and technical expertise," writes Chris Fry, the head of engineering at the company in a blog post.
However, the presence of both entrepreneurial competence and commitment lays the foundation for enterprise generation and performance.
These growing tech-hubs have a strong entrepreneurial spirit and commitment to small business growth.
The relationship between entrepreneurial competence and commitment is argued to be a multiplicative one rather than additive as both components must be strongly present for development to take place.
The network may be too steady and thus limits innovative decisions; overconfidence may inhibit entrepreneurial enthusiasm, or commitment to developing into a certain stage could be a barrier to sustained innovation.
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