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Measuring the benefits of entrepreneurship at different levels of analysis

Luke, Belinda G., Verreynne, Martie-Louise, & Kearins, Kate (2007) Measuring the benefits of entrepreneurship at different levels of analysis. Journal of Management & Organization, 13(4), pp. 312-330.

Abstract

This paper presents a suggested framework for future research designs to examine the benefits of entrepreneurship, both non-financial and financial. Based on a review of the literature, and using contextual exemplars throughout the paper with an Australia and New Zealand focus, we identify a range of benefits from entrepreneurship at the various levels of analysis (e.g. individual, organizational, national). From a non-financial perspective such benefits include independence, autonomy, competitive advantage, increased market share, employment, and increased standards of living. From a financial perspective, entrepreneurship’s benefits include enhanced remuneration or rent from revenue, profits, cash flow, return on investment, and increases in GDP – specific financial measures to be expressed in clear financial terms. The suggested framework represents both an initial step towards the measurement of entrepreneurship’s financial benefits, and a valuable starting point for the development of a theory of the non-financial and financial benefits of entrepreneurship.

Impact and interest:

6 citations in Scopus
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4 citations in Web of Science®

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ID Code: 12172
Item Type: Journal Article
Additional Information: For more information, please refer to the journal’s website (see hypertext link) or contact the author.
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Keywords: entrepreneurship, financial and non, financial benefits, Australia, New Zealand
ISSN: 1833-3672
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Business and Management not elsewhere classified (150399)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Copyright Owner: Copyright 2007 eContent Management Pty Ltd
Deposited On: 23 Jan 2008
Last Modified: 29 Feb 2012 23:33

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