Abstract
The majority of worldwide business is conducted through small and medium businesses. The success rate for small and medium businesses is poor, with most failing within their first few years of operation. Statistical predictions for small and medium businesses which will prove successful are invalid. The means and variables used to predict the success of new entrepreneurs are under constant debate. This article explored some of the characteristics found in successful entrepreneurs, provides operational definitions for these attributes. Utilizing theories from development, education, social psychology, economics a model for understanding relational dynamics is provided. We suggested possible venues that may increase the success of small and medium businesses entrance into the global market place using this relational dynamics and discuss other applications in the social sciences and humanities.
SILVIA POPESCU. (2014) Controllable And Uncontrollable Variables In The Study of Entrepreneurship, In Small And Medium Businesses, International Review of Management and Business Research, Volume 3, Issue 2.
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