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Entrepreneur Types

Craftsman entrepreneurs VS Opportunistic entrepreneurs

Smith and Miner (1983) who categorize entrepreneurs by basic entrepreneurial patterns. On one end of the continuum, they identify artisan or craftsman entrepreneurs. These are persons who create a new venture in order to exploit their technical or job experience. They have strong technical expertise but often lack other essential skills like management experience and communication ability. On the other end of the continuum are opportunistic entrepreneurs. These are individuals who have supplemented their technical ability with additional skills such as communication, legal, economic or strategic knowledge. Smith (1967) postulated that opportunistic entrepreneurs, by virtue of their breadth of education (relative to artisan entrepreneurs), exhibit higher social awareness and involvement and are oriented toward the future. These characteristics increase the likelihood that the opportunistic entrepreneur will bring the entity through difficult developmental stages to ultimate success.

Which type are you as an entrepreneur?

Reference:

Smith, W. L., Schallenkamp, K., & Eichholz, D. E. (2006). Entrepreneurial skills assessment: an exploratory study. International Journal of Management and Enterprise Development4(2), 179-201.

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By Dr. Jingjing Lin

Behaviorist; Researcher; Education and Training Consultant. Keen on behavioral psychology and its application to teaching and learning. Integrate people, resources, and training in the unit "community", and cultivate the development of the community of practice locally is a way out to better entrepreneurial activities and success in the economy. Yes, that is what I believe.

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