When small is not enough: How to save entrepreneurs from themselves

J. Carlos Jarillo

European Management Journal, 1988, vol. 6, issue 4, 325-329

Abstract: This article goes beyond the traditional celebration of Entrepreneurship to focus on why Entrepreneurship is not enough. First, entrepreneurial companies that have overcome the start-up difficulties, must become "professionalized" in order to consolidate their gains and face a period of stable growth. This, as is well-known, is not easy. But there is another, even harder problem: in becoming "professional", most companies lose the entrepreneurial spirit that made them successful in the first place. In an ever-changing world, with more and more international competition in the face of Europe's unification in 1992, a company that loses its entrepreneurial sparkle is just waiting for dismissal. This article analyzes the main causes of that "hardening of the arteries" and their proven remedies.

Date: 1988
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