ABSTRACT

The theme of this book is small business inception and growth. The approach adopted is entrepreneurial. Thus the focus is on the entrepreneur, or more prosaically, on the ownermanager (Blanchflower and Oswald, 1990). But more than this, the methodology used is entrepreneurial. Whilst grounded in economics, and specifically in industrial organisation, it extensively utilises research methods from accounting (especially management accounting), finance (especially capital structure) and information systems (especially monitoring and control systems). Also much in evidence are ideas from business strategy (especially competitive advantage) and political economy (especially enterprise policy). Entrepreneurship is itself an inter-disciplinary field, and this book therefore deliberately reflects its sub-title, in being ‘an entrepreneurial analysis’.