Entrepreneurial exit as a critical component of the entrepreneurial process: Theoretical development

Dawn R. DeTienne

Journal of Business Venturing, 2010, vol. 25, issue 2, 203-215

Abstract: By demonstrating the importance of entrepreneurial exit to the entrepreneur, the firm, the industry, and the economy I contend that our understanding of the entrepreneurial process is incomplete without the inclusion of entrepreneurial exit. I define entrepreneurial exit and demonstrate how this conceptualization provides concepts that are unique from those addressed by researchers in other domains; thus outlining a space for it within the literature. In each phase of the entrepreneurial process I explore the development of an exit strategy, reasons for exit and options for exit.

Keywords: Entrepreneurial; exit; Entrepreneurial; process; Psychological; ownership (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (145)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:25:y:2010:i:2:p:203-215

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