2017
DOI: 10.1108/ijebr-10-2016-0350
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Examining the characteristics, philosophies, operating practices and growth strategies of village entrepreneurs

Abstract: Purpose The literature of entrepreneurship has an urban focus and despite the emergence of the rural entrepreneurship literature, we know little about the characteristics, philosophies, operating practices and growth strategies of ordinary village entrepreneurs’ in a UK context. As a concept, the “village entrepreneur” is contentious as theoretically there should be little difference between urban and rural entrepreneurs. Nevertheless, there is! The concept is important because many villages are in decline and… Show more

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Cited by 16 publications
(23 citation statements)
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References 49 publications
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“…Detailed knowledge about the local market helps rural enterprises to develop appropriate business models (de Guzman et al, 2020). Innovations are considered essential for economic development in rural areas (Fortunato, 2014;Pato and Teixeira, 2014;Smith, 2017;Stathopoulou et al, 2004). However, innovation is not always highlighted in rural entrepreneurship research.…”
Section: Rural Entrepreneurshipmentioning
confidence: 99%
“…Detailed knowledge about the local market helps rural enterprises to develop appropriate business models (de Guzman et al, 2020). Innovations are considered essential for economic development in rural areas (Fortunato, 2014;Pato and Teixeira, 2014;Smith, 2017;Stathopoulou et al, 2004). However, innovation is not always highlighted in rural entrepreneurship research.…”
Section: Rural Entrepreneurshipmentioning
confidence: 99%
“…Productive entrepreneurship Productive entrepreneurship business simple than have it grow too big (Bensemann & Hall, 2010). Similarly, Smith (2017) shows that rural and urban entrepreneurs may have differing entrepreneurial modes of operation. 'Making slowmoney' appears to be a common practice among village entrepreneurs.…”
Section: New Value Creationmentioning
confidence: 99%
“…The community must also be open to possibilities, even as they represent change to the status quo and introduction of new community members (Kalantaridis and Bika, 2006; Lauer, 2005). Given the relative absence of resources, especially as compared to larger urban centers, the community is important for a business, providing employees, customers, supplies, advice and mentorship and creating supportive infrastructure which can be fundamental for small business survival (Heilbrunn, 2010; Smith, 2017).…”
Section: Community Economic Development In the Rural Contextmentioning
confidence: 99%
“…For many of these owners, contributing to the community is an important value despite often “marginal” income and profits when evaluated from a traditional business point of view (Jack and Anderson, 2002; Smith, 2006). These owners acknowledge that the community and the resources, including employees, customers, supplies and mentorship which exist within directly shape them (Gaddefors and Anderson, 2017; Jack and Anderson, 2002; Kirby, 1987; Miller and Kean, 1997; Morrison, 2006; Smith, 2017).…”
Section: Community Economic Development In the Rural Contextmentioning
confidence: 99%