Alternative paths to ownership are examined, including starting, purchasing or inheriting a firm, as well as being promoted or brought in by existing owners. It is hypothesized that these involve different degrees of entrepreneurship, which will be reflected in the profiles of owner-managers who have followed each path. Data on 1756 owner-managers are used to test hypotheses relating path to ownership to: the entrepreneurs' background characteristics; motivations and attitudes; and previous careers, incubator organizations and processes of starting.
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