Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Small business success factors: the role of education and training

Small business success factors: the role of education and training Interest in successful small businesses continues to grow, but is influenced by the different ways in which small businesses are categorised and the difficulty of defining “success”. There is a range of criteria associated with success in terms of individual owner characteristics, organisational values and performance measures. However, few researchers have consulted owner/managers about their views on success. This research is instructive in that it used a grounded theory approach to investigate success in small service sector organisations. The impact of education, training, development, prior knowledge and experience on the success of these businesses was investigated. Four substantive categories were developed, but only one category showed clear evidence that education and training had a positive effect on the success of the business. Most businesses relied heavily on prior knowledge and experience. The properties, personal characteristics of the owner‐manager and some hypotheses were also developed for each category. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Education + Training Emerald Publishing

Small business success factors: the role of education and training

Mike Simpson; Nicki Tuck; Sarah Bellamy
Education + Training , Volume 46 (8/9): 11 – Oct 1, 2004
Download PDF
11 pages

Loading next page...
 
/lp/emerald-publishing/small-business-success-factors-the-role-of-education-and-training-FqJpLHLarD
Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
0040-0912
DOI
10.1108/00400910410569605
Publisher site
See Article on Publisher Site

Abstract

Interest in successful small businesses continues to grow, but is influenced by the different ways in which small businesses are categorised and the difficulty of defining “success”. There is a range of criteria associated with success in terms of individual owner characteristics, organisational values and performance measures. However, few researchers have consulted owner/managers about their views on success. This research is instructive in that it used a grounded theory approach to investigate success in small service sector organisations. The impact of education, training, development, prior knowledge and experience on the success of these businesses was investigated. Four substantive categories were developed, but only one category showed clear evidence that education and training had a positive effect on the success of the business. Most businesses relied heavily on prior knowledge and experience. The properties, personal characteristics of the owner‐manager and some hypotheses were also developed for each category.

Journal

Education + Training – Emerald Publishing

Published: Oct 1, 2004

Keywords: Small enterprises; Critical success factors; United Kingdom

References

  • Many are called, but few are chosen: an evolutionary perspective for the study of entrepreneurship
    Aldrich, H.E.; Martinez, M.A.
  • Quick Answers to Small Business Questions
    Alsbury, A.
  • Small Business, Entrepreneurship and Enterprise Development
    Beaver, G.
  • Small business success factors: a grounded theory approach
    Bellamy, S.; Bowen, F.E.; Simpson, M.
  • Small business success factors: an owners’ perspective
    Bellamy, S.; Bowen, F.E.; Simpson, M.
  • The Start‐up
    Birley, S.
  • What Is This Thing Called Science?
    Chalmers, A.F.
  • Grounded theory. Objectivist and constructivist methods
    Charmaz, K.
  • Culture: a missing perspective on small and medium‐sized enterprise development?
    Choueke, R.; Armstrong, R.
  • How to avoid going bust
    Cunningham, F.
  • Researching the Small Enterprise
    Curran, J.; Blackburn, R.A.
  • The Survival of the Small Firm, Vol. 1. The Economics of Survival and Entrepreneurship
    Curran, J.; Stanworth, J.; Watkins, D.
  • The Grounded Theory Alternative in Business Network Research
    De Burca, S.; McLoughlin, D.
  • Computer Analysis and Qualitative Research
    Fielding, N.G.; Lee, R.M.
  • Revisiting an identity‐based view of sustainable competitive advantage
    Fiol, C.M.
  • Critical success factors for small business: an inter‐industry comparison
    Gadenne, D.
  • The Discovery of Grounded Theory: Strategies for Qualitative Research
    Glaser, B.G.; Strauss, A.L.
  • Objective setting in the micro‐business
    Greenbank, P.
  • Who succeeds as an entrepreneur? An analysis of the post‐entry performance of new firms in Japan
    Harada, N.
  • Small business and enterprise development: questions about research methodology
    Hill, J.; McGowan, P.
  • Effective Small Business Management
    Hodgetts, R.M.; Kuratko, D.F.
  • An analysis and classification of problems in small business
    Huang, X.; Brown, A.
  • Business Research
    Hussey, J.; Hussey, R.
  • The performance and competitive advantage of small firms: a management perspective
    Jennings, P.L.; Beaver, G.
  • Grounded Theory in Management Research
    Locke, K.
  • Business characteristics of male and female small and medium enterprises in the UK: implications for gender‐based entrepreneurialism and business competence development
    Mukhtar, S.M.
  • Behavioural attributes of entrepreneurial success and failure: new perspectives gained from critical incident technique
    Nandram, S.S.
  • The DTI marketing initiative: the experience of 35 young Scottish companies
    O'Brien, E.
  • The sustainability of growth in small and medium‐sized enterprises
    O'Gorman, C.
  • Factors in the growth of micro‐enterprises (part 1): developing a framework
    Perren, L.
  • Factors in the growth of micro‐enterprises (part 2): exploring the implications
    Perren, L.
  • Competitive Advantage: Creating and Sustaining Superior Performance
    Porter, M.E.
  • Research Methods for Business Students
    Saunders, M.; Lewis, P.; Thornhill, A.
  • Management development in SMEs: what needs to be done?
    Smith, A.; Whittaker, J.
  • Basics of Qualitative Research: Grounded Theory Procedures and Techniques
    Strauss, A.L.; Corbin, J.
  • Grounded Theory in Practice
    Strauss, A.L.; Corbin, J.
  • Basics of Qualitative Research: Techniques and Procedures for Developing Grounded Theory
    Strauss, A.L.; Corbin, J.
  • What it means to succeed: personal conceptions of career success held by male and female managers at different ages
    Sturges, J.
  • Small business start‐ups: success factors and support implications
    Watson, K.; Hogarth‐Scott, S.; Wilson, N.
  • Employer legitimacy and recruitment success in small business
    Williamson, I.O.
  • Small business development and the ‘learning organisation’
    Wyer, P.; Mason, J.; Theodorakopoulos, N.