Small Business Economics

, Volume 39, Issue 3, pp 603–625 | Cite as

Innovative opportunity pursuit, human capital and business ownership experience in an emerging region: evidence from Ghana

  • Paul J. A. Robson
  • Charles K. Akuetteh
  • Paul Westhead
  • Mike Wright
Article

Abstract

This study explores whether an entrepreneur’s ability to assemble and leverage human capital, particularly specific human capital relating to prior business ownership experience, is associated with seven types of product and work practices innovation in an emerging region, namely, Ghana. Logistic regression estimation revealed that portfolio entrepreneurs were more likely than novice entrepreneurs to report ‘innovation tried’. Multinomial logistic regression analysis revealed that portfolio entrepreneurs were more likely than other entrepreneurs to report ‘innovation tried and introduced’. If the goals of policy are to increase the ‘quality’ of new business start-ups and maximize investment returns, there is a case to target assistance to portfolio entrepreneurs.

Keywords

Innovation process outcomes Human capital Habitual entrepreneurs Ghana 

JEL Classifications

L26 O31 J24 O10 

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Copyright information

© Springer Science+Business Media, LLC. 2011

Authors and Affiliations

  • Paul J. A. Robson
    • 1
  • Charles K. Akuetteh
    • 2
  • Paul Westhead
    • 3
    • 4
  • Mike Wright
    • 5
    • 6
  1. 1.School of Management, Royal HollowayUniversity of LondonEgham, SurreyUK
  2. 2.First Capital Plus Savings and Loans LimitedAccraGhana
  3. 3.Durham Business SchoolDurham UniversityDurhamUK
  4. 4.Bodø Graduate School of BusinessBodoNorway
  5. 5.Imperial College Business SchoolImperial College LondonLondonUK
  6. 6.University of GhentGhentBelgium

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