Entrepreneurial motivation and idea generation by displaced employees
Emelie Källner and
Additional contact information
Emelie Källner: Department of Industrial Economics and Management, KTH, The Royal Institute of Technology, Postal: Department of Industrial Economics and Management, KTH, Lindstedv. 30, SE-100 44, Stockholm, Sweden
No 311, Ratio Working Papers from The Ratio Institute
This paper studies the entrepreneurial motivation and idea generation process of displaced employees. The empirical results are based on both quantitative (survey) and qualitative (interviews) data collected from displaced employees who decided to become entrepreneurs after the closure of R&D facilities of the pharmaceutical company AstraZeneca in Lund (2010) and Södertälje (2012), Sweden. The empirical findings show that the previous experience and expertise gained from AstraZeneca greatly influenced the idea generation process. Although the employees were affected by their job displacement, still 70 percent of the entrepreneurial activities could be regarded as opportunity-based, suggesting that many entrepreneurs are driven by a combination of push and pull motives. With regard to the timing of the idea generation process, about one third of the entrepreneurs came up with their business ideas before learning about the facility closures. Hence, in many cases, being affected by the displacement spurred the launch of ideas that already existed.
Keywords: Entrepreneurship; firm closure; firm exit; entrepreneurship after displacement; entrepreneurial idea generation (search for similar items in EconPapers)
JEL-codes: J63 L26 (search for similar items in EconPapers)
Pages: 38 pages
New Economics Papers: this item is included in nep-ent, nep-ino, nep-lab and nep-sbm
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://ratio.se/publikationer/working-paper-no-311 ... displaced-employees/ Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:ratioi:0311
Access Statistics for this paper
More papers in Ratio Working Papers from The Ratio Institute The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Korpi ().