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Of Those Who Plan : A Meta-Analysis of the Relationship between Human Capital and Business Planning
Journal
Long Range Planning : LRP
ISSN
0024-6301
ISSN-Digital
1873-1872
Type
journal article
Date Issued
2019
Author(s)
Abstract
Business planning is a popular phenomenon. Yet, literature presents diverging perspectives regarding business planning and the role it fulfills for the individuals leading SMEs. To advance research, we focus on providing evidence regarding factors that determine business planning. We scrutinize how education and different work experience types affect the disposition of an individual to engage in business planning. Using aggregated data on 8,095 individuals leading SMEs from 31 independent data sets we examine our hypotheses. In so doing, we expose a critical difference in the relationship between human capital and the process of planning versus those activities directed at creating a formal business plan outcome. Various implications of our findings for research on business planning are discussed.
Language
English
Keywords
Business Planning
Human Capital
Meta-Analysis
Entrepreneur
SMEs
HSG Classification
contribution to scientific community
HSG Profile Area
SoM - Business Innovation
Refereed
No
Publisher
Elsevier
Publisher place
Oxford
Volume
13
Start page
154
End page
178
Pages
24
Subject(s)
Division(s)
Contact Email Address
dietmar.grichnik@unisg.ch
Eprints ID
253316