Whitman School of Management at Syracuse University
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Identifying High potential Entrepreneurs in a Developing Country. A Cluster Analysis of Ugandan Entrepreneurs
Vol. Volume 18, Number 2 June/2013

Arthur Sserwanga and Gerrit Rooks
It has often been argued that entrepreneurs in developing countries can be classified as either "survival" or growth-oriented". However there is little systematic knowledge about classifications of entrepreneurs in developing countries.  We proposed that what we call high potential entrepreneurs can be distinguished from low potential entrepreneurs, given that high potential entrepreneurs recognize and effectively exploit opportunities.  In this paper we classify entrepreneurs using three core entrepreneurial activities,; opportunity recognition, planning, and innovativeness. A cluster analysis of about 700 Ugandan entrepreneurs yielded two natural, distinct, and internally homogeneous groups of high potential and low potential entrepreneurship

Keywords: High potential entreprensurship, survival entrepreneurship, necessity and opportunity entrepreneurship, cluster analysis