Do Entrepreneur’s Creative Abilities Influence Company’s Growth?

  • Žiga Peljko KD Group d.d.
  • Gašper Jordan University of Maribor, Faculty of Organizational Sciences
  • Mitja Jeraj GEA College, Faculty of Entrepreneurship Ljubljana
  • Ivan Todorović University of Belgrade, Faculty of Organizational Sciences
  • Miha Marič University of Maribor, Faculty of Organizational Sciences

Abstract

The main aim of our research was to empirically test how the independent constructs representing the entrepreneur’s creative abilities are connected to the construct of the company’s growth and to develop and empirically test a structural model linking these constructs. We tested two models with structural equation modelling. We compared two structural models, which were made based on the sample of entrepreneurs from Slovenia and USA combined and Serbia. The findings showed that the entrepreneur’s creative abilities are positively related to company’s growth in case of Slovenia and USA combined; in the Serbian context, we did not find connection between the entrepreneur’s creative abilities and the company’s growth. The results of this study can be used both for further research and in practice.
JEL Classification: L26, L21, L25, C80

Author Biographies

Žiga Peljko, KD Group d.d.

Žiga Peljko, is a Ph.D. student at the University of Primorska, Faculty of Management, Koper, Slovenia, and a researcher on the field of management and entrepreneurship. He has authored, co-authored and presented papers at conferences and published papers in verious journals. His bibliography includes over 100 papers from the field of investments, stock exchange issues, mutual funds, and related fields. Besides, he is a lecturer at the GEA College, Ljubljana, Slovenia and Univerzitet Donja Gorica in Montenegro. He is the Head of investments at the KD Group d.d. for abroad and a member of different Slovenian and regional Management Boards and Supervisory Boards.

Gašper Jordan, University of Maribor, Faculty of Organizational Sciences

Gašper Jordan, M.Sc., is an independent researcher who conducted studies in the field of human resource management at the University of Maribor’s Faculty of Organizational Sciences. His main interests are human resource management, organizational behaviour and organizational psychology.

Mitja Jeraj, GEA College, Faculty of Entrepreneurship Ljubljana

Mitja Jeraj, Ph.D., is a researcher in the field of entrepreneurship, management, and organizational sciences. His main research interests include entrepreneurship as a broad field of research, entrepreneurial curiosity and other entrepreneurship properties, relations between entrepreneurship and economic growth, relations between entrepreneurship and unemployment, connection between entrepreneurship and development of sports etc. His research also focuses on management of small and medium enterprises, on cost management and on the development of the organization over time. He has also authored, co-authored and presented papers on conferences and published papers in scientific journals.

Ivan Todorović, University of Belgrade, Faculty of Organizational Sciences

Ivan Todorović works as a teaching assistant at the University of Belgrade, Faculty of Organizational Sciences. His research area includes organizational design, restructuring, business process management, business  models and entrepreneurship.He has participated in more than 15 consulting projects in large Serbian companies and in several research projects financed by international institutions such as the EBRD, the UNIDO and the USAID. He is a co-author of 3 books and more than 40 articles in international monographs, journals and conference proceedings. From 2011 to 2013 he was a visiting lecturer at the University of Maribor, Faculty of Organizational Sciences, Slovenia. He was a member of the team that won the HULT Global Case Challenge 2012 in London, and he won the Balkan Case Challenge 2010 in Vienna. As a mentor he has supported several start-up companies.

Miha Marič, University of Maribor, Faculty of Organizational Sciences

Miha Marič, Ph.D., is a researcher in the area of leadership, management, and organizational sciences. He is currently employed as an assistant professor at the University of Maribor’s Faculty of Organizational Sciences and has a Ph.D. from the Faculty of Economics, University of Ljubljana. His research interests are power, leadership, organizational behaviour, HRM, management, organization. As author or coauthor, he has published twenty original scientific articles, thirteen professional articles, thirty-five scientific conference contributions, two chapters in monographs, co-authored one scientific monograph, and has been an editor and reviewer. He has also participated in research projects and consulting work.

Published
2017-05-16
How to Cite
Peljko, ., Jordan, G., Jeraj, M., Todorović, I., & Marič, M. (2017). Do Entrepreneur’s Creative Abilities Influence Company’s Growth?. Management: Journal Of Sustainable Business And Management Solutions In Emerging Economies, 22(1), 25-35. doi:10.7595/management.fon.2017.0001
Section
Articles