YOUNG ENTREPRENEURS AN THE VENTURES CREATION PROCESS

Authors

  • Cândido Borges Centro Universitário Unieuro
  • Louis Jacques Filion HEC Montréal
  • Germain Simard HEC Montréal

Abstract

Great part of new ventures are created by young entrepreneurs under 35 years old. Even though, little is known about this peculiar group of entrepreneurs. This paper intends to contribute to a better understanding about specific features of ventures creation process by young entrepreneurs. It presents and analyses 89 new ventures started by entrepreneurs between 18 and 34 years old compared to 99 enterprises created by entrepreneurs over 35 years old. The research shows that: 1. in most cases, the young entrepreneurs start the new venture working as a team member; 2. they count on lower amount of financial resources than those over 35 years old; 3. in average, the creation process by young entrepreneurs last longer than two years; 4. the young entrepreneurs fulfill management tasks whichever the field related - in spite of the little prior experience in management.

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Author Biographies

Cândido Borges, Centro Universitário Unieuro

Doutor em Administração pela HEC Montréal. Professor do Programa de Mestrado em Administração do Centro Universitário Unieuro.

Louis Jacques Filion, HEC Montréal

Doutor em Administração pela Lancaster University. Professor do Chaire d' Entrepreneuriat Rogers - J.-A.-Bombardier da HEC Montréal.

Germain Simard, HEC Montréal

Mestre em Administração pela École Nationale d'Administration. Pesquisador do Chaire d'Entrepreneuriat Rogers-J.-A.-Bombardier da HEC Montréal.

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Published

2009-01-13

Issue

Vol. 9 No. 8 (2008): Special Thematic Editon on Entrepreneurship

Section

Presentation

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