Mode of Entry into Hybrid Entrepreneurship: New Venture Start-Up versus Business Takeover

Guoqian Xi (), Joern Block, Frank Lasch (), Frank Robert () and Roy Thurik
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Guoqian Xi: University of Trier
Frank Lasch: Montpellier Business School
Frank Robert: Montpellier Business School

No 11104, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Many entrepreneurs start their ventures while retaining jobs in wage employment; this phenomenon is called hybrid entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study aims to close this gap by investigating the path to hybrid entrepreneurship. Using a large sample of French hybrid entrepreneurs, we show that educational attainment and management experience are associated with new venture start-up, whereas being female, having worker experience, and having received social benefits are linked to business takeover. With these results, our study contributes to research on hybrid entrepreneurship and entrepreneurship entry modes. Moreover, it informs policy makers about the nature of hybrid entrepreneurship and contributes to the design of effective policies to promote business takeover, which is of high interest, given the growing number of businesses seeking outside successors.

Keywords: business takeover; entrepreneurship entry mode; hybrid entrepreneurship; new venture (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2017-10
New Economics Papers: this item is included in nep-ent, nep-ind, nep-ino and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published - published in: International Review of Entrepreneurship, 2018, 16 (2), 217 - 240

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