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One of the emerging areas of research in the field of entrepreneurship is `Habitual
Entrepreneurship'. Habitual Entrepreneurship focuses on how individuals leverage
their prior business ownership experience to start subsequent
entrepreneurial ventures. Although the concept of `Habitual Entrepreneurship' is two decades old,
researchers worldwide have shown renewed interest in the recent times to build theoretical models and
to find empirical evidence on those factors that differentiate habitual entrepreneurs from
novice entrepreneurs. The current issue of this journal contributes to `Habitual
Entrepreneurship' knowledge base through the paper authored by Jari Huovinen and Hannu Littunen.
The first article, "Habitual Entrepreneurship: Situational
Factors at Different Start-Ups", by Jari Huovinen and Hannu Littunen is an empirical analysis of the differences between
serial, portfolio and first-time entrepreneurs in the areas of achievement motivation, growth
intention, and situational factors that go behind firm start-ups. This study was conducted among
205 entrepreneurs in Northern Savo in Eastern Finland. This study contributes to
our understanding of the personal and situational factors that influence the start-up of both
the original firm as well as the following firms by habitual entrepreneurs.
The second article, "Entrepreneurship and Development of Small-Scale
Industries in
Iran: Strategic Management Tools and Business Performance Assessment",
by Manjappa
D Hosamane and Younos Vakil Alroaia examines the relationship between the
development of Iranian small-scale industries and entrepreneurial performance. Development of
small-scale industries was measured in terms of sales volume, employment growth, and age of
industry and entrepreneurial performance was measured in five decision areasQuality of
products, Industrial cost, Logistic support, ISO, and Management effectiveness. Results of this
empirical study have large implications for government policy makers who strive to ensure
sustained growth of small-scale industries.
The third article, "Sustainable Entrepreneurship in Small-Scale Business:
Application, Concepts and Cases", by Viju Mathew builds a theoretical framework of
sustainable entrepreneurship with a supportive case analysis. The author has chosen ASB Company,
a small-scale business unit which specializes in drinking water processing and supplying
in the Sultanate of Oman to analyze the characteristic features of sustainable entrepreneurship.
The case analysis brings out the importance of achieving three goals of
sustainable entrepreneurshipa) Profitability, b) Value creation for internal and external customers
and c) Concern for social environment.
Finally, a case study is presented on the Indian retail firm, Subhiksha, titled
"India's SubhikshaAping Wal-Mart's EDLP Strategy?", by Sheeja S. When the expertise in
running retail chain of firms was scarce in India, Subhiksha's phenomenal growth in the past
decade provides valuable insights into the study of entrepreneurship.
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S Senthil Kumar
Consulting
Editor |