Contextual Understanding and Utilisation of Entrepreneurial Leadership in Business Development

Abstract

Research on entrepreneurship and leadership have tended to view both terms as separate issues. However, recent perceptions have moved in favour of a combination of both terms in entrepreneurial leadership. This study has tried to examine the different roles of entrepreneurial leaders in the development of business entity in terms of its continuity and succession planning, business expansion and team building. The research discovered that majority of small business entrepreneurs fail to plan their succession and even tend to impede business growth when they refuse to change their role as the business treads the growth path.