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Professor Paul Westhead's Outputs (70)

David Storey’s Optimism and Chance Perspective: A Case of the Emperor’s New Clothes? (2011)
Journal Article
Westhead, P., & Wright, M. (2011). David Storey’s Optimism and Chance Perspective: A Case of the Emperor’s New Clothes?. International Small Business Journal, 29(6), 714-729. https://doi.org/10.1177/0266242611424552

David Storey offers a novel theory to explain temporal variations in novel firm development. The article challenges this approach; it is suggested that it does not take account of important developments in recent entrepreneurship research. The themes... Read More about David Storey’s Optimism and Chance Perspective: A Case of the Emperor’s New Clothes?.

Family Firm Diversity and Development: An Introduction. (2010)
Journal Article
Howorth, C., Rose, M., Hamilton, E., & Westhead, P. (2010). Family Firm Diversity and Development: An Introduction. International Small Business Journal, 28(5), 437-451. https://doi.org/10.1177/0266242610373685

Issues relating to private family firm diversity and development are discussed with reference to established and emerging debates. Family firm assets and liabilities are highlighted. Key issues for family firms research and practice relating to famil... Read More about Family Firm Diversity and Development: An Introduction..

Family-Firm Buyouts, Private Equity, and Strategic Change (2009)
Journal Article
Scholes, L., Wright, M., Westhead, P., Bruining, H., & Kloeckner, O. (2009). Family-Firm Buyouts, Private Equity, and Strategic Change. The journal of private equity, 12(2), 7-18. https://doi.org/10.3905/jpe.2009.12.2.007

When no suitable family successor can be identified, private family firm owners may opt for a MBO or MBI. We explore the strategic orientation of former private family firms pre- and post-MBO/I. We utilize a unique hand-collected representative sampl... Read More about Family-Firm Buyouts, Private Equity, and Strategic Change.

The Extent and Nature of Opportunity Identification by Experienced Entrepreneurs (2009)
Journal Article
Ucbasaran, D., Westhead, P., & Wright, M. (2009). The Extent and Nature of Opportunity Identification by Experienced Entrepreneurs. Journal of Business Venturing, 24(2), 99-115. https://doi.org/10.1016/j.jbusvent.2008.01.008

Guided by insights from cognitive theories, this article explores the links between entrepreneurs' prior business ownership experience and their opportunity identification behavior. Hypotheses were tested using data from 630 entrepreneurs. Experience... Read More about The Extent and Nature of Opportunity Identification by Experienced Entrepreneurs.

Opportunity Identification and Pursuit: Does an Entrepreneur’s Human Capital Matter? (2008)
Journal Article
Ucbasaran, D., Westhead, P., & Wright, M. (2008). Opportunity Identification and Pursuit: Does an Entrepreneur’s Human Capital Matter?. Small Business Economics, 30(2), 153-173. https://doi.org/10.1007/s11187-006-9020-3

Extending human capital approaches to entrepreneurship, an entrepreneur’s “inputs” relating to their general (i.e. education and work experience) and entrepreneurship-specific human capital profile (i.e. business ownership experience, managerial capa... Read More about Opportunity Identification and Pursuit: Does an Entrepreneur’s Human Capital Matter?.

Family firm succession: the management buy-out and buy-in routes (2008)
Journal Article
Scholes, M., Westhead, P., & Burrows, A. (2008). Family firm succession: the management buy-out and buy-in routes. Journal of Small Business and Enterprise Development, 15(1), 8-30. https://doi.org/10.1108/14626000810850829

Purpose – This exploratory study aims to provide fresh insights into the ownership transfer of private family firms through internal management buy-out (MBO) and external management buy-in (MBI) succession routes. The paper aims to explore if flows o... Read More about Family firm succession: the management buy-out and buy-in routes.

Habitual Entrepreneurs (2008)
Journal Article
Ucbasaran, D., Alsos, G., Westhead, P., & Wright, M. (2008). Habitual Entrepreneurs. Foundations and Trends in Entrepreneurship, 4(4), 309-450. https://doi.org/10.1561/0300000014

This review explores the emerging debate relating to habitual entrepreneurs. Habitual entrepreneurs (also known as experienced or, latterly, repeat entrepreneurs) are a widespread phenomenon. An entrepreneur’s business ownership experience may differ... Read More about Habitual Entrepreneurs.

International Opportunity Exploitation Behaviour Reported by “Types” of Firms Relating to Exporting Experience (2008)
Journal Article
Westhead, P. (2008). International Opportunity Exploitation Behaviour Reported by “Types” of Firms Relating to Exporting Experience. Journal of Small Business and Enterprise Development, 15(3), 431-456. https://doi.org/10.1108/14626000810892274

Purpose – This paper aims to identify four “types” of private small and medium-sized enterprises (SMEs) with regard to their “state” along the exporting experience spectrum. Design/methodology/approach – This exploratory study explores survey informa... Read More about International Opportunity Exploitation Behaviour Reported by “Types” of Firms Relating to Exporting Experience.