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Title: Entrepreneurial passion and small business growth in Ghana
Author: Adomako, Samuel
ISNI:       0000 0004 5916 0121
Awarding Body: University of Warwick
Current Institution: University of Warwick
Date of Award: 2016
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Predicting small business growth is at the heart of entrepreneurship scholars, practitioners and policy makers because small businesses contribute to employment, innovation and economic growth. Given these and other benefits that small businesses offer to the economies of many countries, researchers have devoted much efforts in predicting what drives small business growth. Scholarly work suggests that business success is dependent on the firm, strategy, the entrepreneur and the environment. Regarding the entrepreneur, passion for starting and growing a business has received much attention by scholars recently. Yet we do not know enough about the relationship between entrepreneurial passion and business growth. This study investigates the relationship between entrepreneurial passion (and its domains) and business growth from the perspective of a less developed country setting. A major insight is to argue that despite being receiving much scholarly attention recently, research regarding the role of passion in venture success in economies of developing countries remains under-researched. A theoretical model comprising the relationship between entrepreneurial passion (and its domains) and business growth is, thus, developed and empirically tested using survey data from 346 small manufacturing businesses operating in Ghana. The study’s empirical findings revealed that entrepreneurs’ overall level of passion weakly drives business success. The study further revealed that high levels of political network ties and environmental dynamism can help small businesses to achieve higher growth outcome. The disaggregate model of entrepreneurial passion established that two of the domains of passion (passion for founding and passion for developing) can aid entrepreneurs to report success. However, passion for inventing works against business growth. Nevertheless, further analysis revealed that political network ties and environmental dynamism positively moderate the association between entrepreneurial passion domains and business growth. The findings of the study extend research on how passion interacts with network ties and environmental variables to improve business growth.
Supervisor: Not available Sponsor: GETFund (Organization)
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: HB Economic Theory