Mapping the aliran of the academic discipline of entrepreneurship: A ...
Mapping the aliran of the academic discipline of entrepreneurship: A ...
Mapping the aliran of the academic discipline of entrepreneurship: A ...
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4.3.8.3 Small businesses and entrepreneurial firms – <strong>the</strong> issue <strong>of</strong> size<br />
4.3.8.3.00 Schumpe ter predicted <strong>the</strong> de mise <strong>of</strong> <strong>the</strong> entrepreneurial function due to <strong>the</strong><br />
increase in soc ialism that would render <strong>the</strong> entrepreneurial function redunda nt. [Langlois,<br />
2004]. Lucas [1978] (15) postulated a similar demise for small businesses in his article<br />
‘Size distribution <strong>of</strong> business firms’ suggesting that ‘rising real wages will make working<br />
for someone else more lucrative than <strong>the</strong> return’ [Lucas, 1978, p523] from working one’s<br />
own small business. Nei<strong>the</strong> r have proven <strong>the</strong>ir case, instead it would appear as per my<br />
discussion in section 4.3.8.2 above that <strong>the</strong> use <strong>of</strong> <strong>the</strong> word ‘corporate’ has added to <strong>the</strong><br />
scope <strong>of</strong> <strong>the</strong> entrepreneurial function from being only <strong>the</strong> start point <strong>of</strong> business cycles, as<br />
proposed by Schumpeter, to an incremental rational function more related to <strong>the</strong> continuity<br />
<strong>of</strong> business <strong>of</strong> larger firms. Also <strong>the</strong> small business sub-<strong>aliran</strong> maintains its place in <strong>the</strong><br />
<strong>aliran</strong> defying Lucas’ prediction.<br />
4.3.8.3.01 I suggest that <strong>the</strong> two terms ‘corporate’ and ‘small business’ repr esent two<br />
ends <strong>of</strong> a polar scale in <strong>the</strong> development <strong>of</strong> <strong>the</strong> <strong>discipline</strong>. As Maidique [1986] points out<br />
“to date, little attention has been paid to <strong>the</strong> evolution <strong>of</strong> <strong>the</strong> entrepreneurial role”<br />
[Maidique, 1986, p60]. Maidique discusses that “<strong>the</strong> small firm is <strong>the</strong> easiest to analyse”<br />
[Maidique, 1986, p72] yet <strong>the</strong> development <strong>of</strong> organizational complexity has meant that<br />
“during <strong>the</strong> last two decades … a new literature on <strong>entrepreneurship</strong> has developed that<br />
emphasizes <strong>the</strong> role <strong>of</strong> individuals within <strong>the</strong> firm who also exhibit entrepreneurial<br />
characteristics” [Maidique, 1986, p60]. This fits with my comments above on <strong>the</strong> evolution<br />
<strong>of</strong> <strong>the</strong> ‘corporate’ aspects <strong>of</strong> <strong>the</strong> <strong>discipline</strong>. As Maidique comments fur<strong>the</strong>r, “this<br />
development in <strong>the</strong> literature has identified a plethora <strong>of</strong> new and <strong>of</strong>ten confusing, internal<br />
entrepreneurial roles that make interpretation <strong>of</strong> <strong>the</strong> new literature difficult” [Maidique,<br />
1986, p60]. Again this supports my comments in section 4.3.6 on <strong>the</strong> apparent overt<br />
construction <strong>of</strong> ontologies within <strong>the</strong> <strong>discipline</strong>.<br />
4.3.8.3.02 The two terms ‘corporate’ and ‘small business’ do have an implication <strong>of</strong><br />
differences in size, this may also be interpreted as differences in management<br />
sophistication. However, it is not <strong>the</strong> size <strong>of</strong> <strong>the</strong> vehicle that pertains to <strong>entrepreneurship</strong>,<br />
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