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Hybrid entrepreneurs' second-step choice: The nonlinear relationship between age and intention to enter full-time entrepreneurship

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  • Thorgren, Sara
  • Sirén, Charlotta
  • Nordström, Carin
  • Wincent, Joakim

Abstract

Entrepreneurs who run venture startups parallel to wage employment engage in so-called hybrid entrepreneurship. Not all hybrid entrepreneurs, however, eventually leave the wage employment to become a full-time entrepreneur (second-step entrepreneurship). Significant research has focused on first-step entrepreneurial choice (to engage in a business start-up), but much less has focused on a second-step entrepreneurial choice, which captures the transition to full-time entrepreneurship. The present study, which examines the second-step entrepreneurial choice, reveals a U-shaped relationship between age and the intention to enter full-time entrepreneurship. Interestingly, this contrasts with prior studies on the effects from age in the first-step entrepreneurship choice, demonstrating an inverted U-relationship between age and venture startup.

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  • Thorgren, Sara & Sirén, Charlotta & Nordström, Carin & Wincent, Joakim, 2016. "Hybrid entrepreneurs' second-step choice: The nonlinear relationship between age and intention to enter full-time entrepreneurship," Journal of Business Venturing Insights, Elsevier, vol. 5(C), pages 14-18.
    • Handle: RePEc:eee:jobuve:v:5:y:2016:i:c:p:14-18
    DOI: 10.1016/j.jbvi.2015.12.001
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    References listed on IDEAS

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    4. Blid Laura, 2018. "Senior entrepreneurship – key facts at regional level in Romania," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 139-150, May.
    5. Shahid, Pirzada Syed Rizwan, 2023. "Founder's Human Capital and the Entrepreneurial Process Duration," OSF Preprints yf6mg, Center for Open Science.
    6. El Houssain Bouichou & Tahirou Abdoulaye & Khalil Allali & Abdelghani Bouayad & Aziz Fadlaoui, 2021. "Entrepreneurial Intention among Rural Youth in Moroccan Agricultural Cooperatives: The Future of Rural Entrepreneurship," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
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    9. Ge, Jianhua & Stanley, Laura J. & Eddleston, Kimberly & Kellermanns, Franz W., 2017. "Institutional deterioration and entrepreneurial investment: The role of political connections," Journal of Business Venturing, Elsevier, vol. 32(4), pages 405-419.
    10. Klyver, Kim & Steffens, Paul & Lomberg, Carina, 2020. "Having your cake and eating it too? A two-stage model of the impact of employment and parallel job search on hybrid nascent entrepreneurship," Journal of Business Venturing, Elsevier, vol. 35(5).
    11. Volodymyr Parsyak & Maryna Solesvik, 2017. "Present-day realities of hybrid entrepreneurial business," Ukrainian Journal Ekonomist, Yuriy Kovalenko, issue 7, pages 7-11, July.
    12. Pollack, Jeffrey M. & Carr, Jon C. & Michaelis, Timothy L. & Marshall, David R., 2019. "Hybrid entrepreneurs’ self-efficacy and persistence change: A longitudinal exploration," Journal of Business Venturing Insights, Elsevier, vol. 12(C).
    13. Hlouskova, Jaroslava & Tsigaris, Panagiotis, 2020. "A behavioral economic approach to multiple job holdings with leisure," IHS Working Paper Series 23, Institute for Advanced Studies.
    14. Philippe Rouchy & Sam Tavassoli & Joakim Wernberg, 2021. "Heterogeneous hybrid entrepreneurs - framing the variation in entrepreneurial effort and motives for hybrid entrepreneurship," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 42(1/2), pages 115-129.
    15. Mmbaga, Nick A. & Lerman, Michael P. & Munyon, Timothy P. & Lanivich, Stephen E., 2023. "Juggling Act: Waged time investments and the health–wealth trade-off," Journal of Business Research, Elsevier, vol. 158(C).

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