CHAO, LI-WEI; SZREK, HELENA; PEREIRA, NUNO SOUSA; … - In: Journal of Developmental Entrepreneurship (JDE) 15 (2010) 02, pp. 231-242
Unlike large firms with management teams, small businesses are usually run by one key person, the owner-entrepreneur, who bears almost all of the risks and makes most of the decisions related to the business. Because the owner-entrepreneur also embodies most of the firm-specific knowledge...