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Hybrid entrepreneurship

Timothy Folta, Frédéric Delmar () and Karl Wennberg
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Timothy Folta: emlyon business school

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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 selfemployment 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.

Date: 2010-02-01
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-02312556
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Published in Management Science, 2010, pp.253-269 P

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