Work Experience from Paid Employment and the Path to Entrepreneurship: Business Takeover versus New Venture Start-Up
Guoqian Xi (),
Joern Block,
Frank Lasch (),
Frank Robert () and
Roy Thurik
Additional contact information
Guoqian Xi: University of Trier
Frank Lasch: Montpellier Business School
Frank Robert: Montpellier Business School
No 9949, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
Our paper investigates how the type of work experience gained from prior paid employment influences the path to entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a large and rich French data set, we find that small firm experience increases the likelihood for business takeover, whereas management and same sector experience both increase the likelihood for new ventures. Our findings are relevant for policymakers aiming to improve the business transfer process.
Keywords: entrepreneurship entry mode; business takeover; new venture start-up; work experience (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2016-05
New Economics Papers: this item is included in nep-ent, nep-ino and nep-sbm
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Citations: View citations in EconPapers (1)
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