Professor Sara Carter: Distinguished Professorial Address
Date: Thursday 15 October 2015
Venue: 2B020 with foyer
Time: 18:00 - 20:30
The Distinguished Professorial Address Series (DPA) provides a unique opportunity to hear about the latest cutting-edge research from the world's most renowned management research leaders.
Professor Sara Carter Distinguished Professorial Address took place on Thursday 15 October 2015 at UWE Bristol.
Title: Does Entrepreneurship make you wealthy?
Abstract: Studies of entrepreneurial earnings typically focus on the incomes derived from business ownership, a highly problematic measure, prone to under-reporting and mismeasurement, which fails to capture either the financial rewards of entrepreneurship or the economic well-being of entrepreneurs.
In this talk, Sara Carter provides new insights into entrepreneurial earnings using the UK Wealth & Assets Survey (WAS), a large-scale British population survey, as well as insights from case studies of diverse entrepreneurial households. These results suggests that entrepreneurial households own disproportionately more wealth than other households; however, the household plays an important role in small business growth decisions.
Sara poses three fundamental issues of small business growth:
- How do household characteristics and resource (constraints) influence business development decisions?
- What is the nature of ‘rational choice’ in the entrepreneurial household - how does business ownership influence household strategy and vice versa?
- How is economic risk and insecurity managed within the household - how does the entrepreneurial household manage its money?
Bio: Sara Carter OBE FRSE is Professor of Entrepreneurship at the Hunter Centre for Entrepreneurship and Associate Deputy Principal (Teaching and Learning) of the University of Strathclyde.
Prior to this post she was Head of the Hunter Centre for Entrepreneurship at Strathclyde for five years, building one of the largest groups of entrepreneurship researchers in Europe, and Associate Dean at Strathclyde Business school. She has authored many books and articles relating to entrepreneurship and small business ownership, and was for six years Editor of Entrepreneurship Theory and Practice, a leading US peer-reviewed research journal. Her work focuses on enterprise policy, and she has worked with both the UK and devolved administrations.
She is an Associate Director of the ESRC co-funded Enterprise Research Centre, a collaboration between Warwick, Aston, Birmingham, Imperial College and Strathclyde Business Schools, and leads the ERC Diversity and SMEs work-theme. Sara is a Visiting Professor at Nordland Research Institute, Norway.