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Mode of Entry into Hybrid Entrepreneurship: New Venture Start-Up versus Business Takeover

Author

Listed:
  • Xi, Guoqian

    (University of Trier)

  • Block, Jörn

    (University of Trier)

  • Lasch, Frank

    (Montpellier Business School)

  • Robert, Frank

    (Montpellier Business School)

  • Thurik, Roy

    (Erasmus University Rotterdam)

Abstract

Many entrepreneurs start their ventures while retaining jobs in wage employment; this phenomenon is called hybrid entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study aims to close this gap by investigating the path to hybrid entrepreneurship. Using a large sample of French hybrid entrepreneurs, we show that educational attainment and management experience are associated with new venture start-up, whereas being female, having worker experience, and having received social benefits are linked to business takeover. With these results, our study contributes to research on hybrid entrepreneurship and entrepreneurship entry modes. Moreover, it informs policy makers about the nature of hybrid entrepreneurship and contributes to the design of effective policies to promote business takeover, which is of high interest, given the growing number of businesses seeking outside successors.

Suggested Citation

  • Xi, Guoqian & Block, Jörn & Lasch, Frank & Robert, Frank & Thurik, Roy, 2017. "Mode of Entry into Hybrid Entrepreneurship: New Venture Start-Up versus Business Takeover," IZA Discussion Papers 11104, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp11104
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    References listed on IDEAS

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    Cited by:

    1. Jun Sun & Yongchun Huang & Dejin Su & Chen Yang, 2020. "Data mining and analysis of part-time entrepreneurs from the perspective of entrepreneurial ability," Information Systems and e-Business Management, Springer, vol. 18(3), pages 455-484, September.
    2. Sanna Joensuu-Salo & Anmari Viljamaa & Elina Varamäki, 2021. "Understanding Business Takeover Intentions—The Role of Theory of Planned Behavior and Entrepreneurship Competence," Administrative Sciences, MDPI, vol. 11(3), pages 1-17, June.

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    More about this item

    Keywords

    hybrid entrepreneurship; entrepreneurship entry mode; business takeover; new venture;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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