A. Webster, Frederick, A Model for New Venture Initiation: A Discourse on Rapacity and the Independent Entrepreneur, Academy of Management review , 1(1), 1976, pp. 26-37
This conceptual model reflects a representative behavioral pattern for "the independent entrepreneur" re the venture construct. The model includes a five-stage sequence beginning with the pre-venture set up and extending through the anxious moments of re-negotiation or termination of the venture, resulting from the entrepreneur's rapacious act.