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Individual Characteristics of Entrepreneurs in Transition Countries. the Albanian Case

In: Business and Management

Submitted By anandina
Words 3819
Pages 16
Nr 2/2009(10)


Areti Stringa*, Saimir Sallaku**, Jorida Tabaku***

Individual Characteristics of Entrepreneurs in Transition Countries. The Albanian Case

The transition process in Albania, as in other ex-communist countries, stopped the enterprise development. The increasing number of small and medium enterprises is the most promising consequence of the transition process. Several researches in western countries have demonstrated that entrepreneurship involves objective and subjective factors and is interrelated with environmental objective factors and individual subjective ones. Our research examines clear characteristics of the businesses’ analysis, the performance of the entrepreneurs themselves (their background and personal characteristics), their motivation to start a business and the perceptions of the different characteristics and the aspects of the businesses they run.

1. Definition of Entrepreneurship and Entrepreneurs
Storey (1994) argues that there is no uniformly acceptable definition of small firms due to a variety of factors, including: industry and sector influence on size; yardstick used; and subjective and conflicting statistical data on small and new firms. Bolton Committee (1971) tried to correlate the economic and statistical features and linked those with the industry factor while regarded small firms as: • with relatively small share of market; • managed by owners or part-owners in a personalised way; • independent.
* Prof. dr, Faculty of Economics, University of Tirana, Albania. ** MBA, Ministry of Finance, Albania. *** MA, Faculty of Economics, University of Tirana, Albania.



Nr 2/2009(10)

Wynarczyk et al. (1993) tried to identify characteristics of small firms, other than size, arguing that small and large firms are as…...

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