EconPapers    
Economics at your fingertips  
 

Hybrid Entrepreneurship

Timothy B. Folta (), Frédéric Delmar () and Karl Wennberg ()
Additional contact information
Timothy B. Folta: Krannert School of Management, Purdue University, West Lafayette, Indiana 47907; and EMLYON Business School, 69132, Ecully Cedex, France

Management Science, 2010, vol. 56, issue 2, 253-269

Abstract: In contrast to previous efforts to model an individual's movement from wage work into entrepreneurship, we consider that individuals might transition incrementally by retaining their wage job while entering into self-employment. We show that these hybrid entrepreneurs represent a significant share of all entrepreneurial activity. Theoretical arguments are proposed to suggest why hybrid entrants are distinct from self-employment entrants, and why hybrid entry may facilitate subsequent entry into full self-employment. We demonstrate that there are significant theoretical and empirical consequences for this group and our understanding of self-employment entry and labor market dynamics. Using matched employee-employer data over eight years, we test the model on a population of Swedish wage earners in the knowledge-intensive sector.

Keywords: self-employment; entrepreneurship; entry; real options; learning (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (74) Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.1090.1094 (application/pdf)

Related works:
Working Paper: Hybrid entrepreneurship (2010)
Working Paper: Hybrid Entrepreneurship (2010) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:56:y:2010:i:2:p:253-269

Access Statistics for this article

More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Matthew Walls ().

 
Page updated 2021-06-17
Handle: RePEc:inm:ormnsc:v:56:y:2010:i:2:p:253-269