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The entrepreneurial process in firms created out of necessity

Creating firms is an inherent entrepreneurial spirit. When necessity is the motivation, the risk of failure is high. The objective of this study is to understand and share the learnings and experiences of an entrepreneurial group that was faced with this challenging situation and reached success. From the theoretical point of view of the authors who dealt with the entrepreneurial process, the case study aimed to establish a relationship between theory and practice through interviews with entrepreneurs. Once this relationship was established, a model of entrepreneurial action that can guide other entrepreneurs in similar situations was suggested. It was observed that the idea of having their own business motivated the entrepreneurs and the feedback received stimulated changes. Prudent entrepreneurship, the business created, and the environment favored this situation. While developing entrepreneurial experiences, these entrepreneurs, influenced by different types and styles of management, changed their own management approach and developed the entrepreneurial process. This behavior speeded up changes leading to high levels of accomplishment.

Entrepreneurship; Firms created of necessity; Entrepreneurial process


Universidade Federal de São Carlos Departamento de Engenharia de Produção , Caixa Postal 676 , 13.565-905 São Carlos SP Brazil, Tel.: +55 16 3351 8471 - São Carlos - SP - Brazil
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