Hybrid entrepreneurs' second-step choice: The nonlinear relationship between age and intention to enter full-time entrepreneurship

Sara Thorgren*, Charlotta Sirén, Carin Nordström, Joakim Wincent

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

25 Citations (Scopus)

Abstract

Entrepreneurs who run venture startups parallel to wage employment engage in so-called hybrid entrepreneurship. Not all hybrid entrepreneurs, however, eventually leave the wage employment to become a full-time entrepreneur (second-step entrepreneurship). Significant research has focused on first-step entrepreneurial choice (to engage in a business start-up), but much less has focused on a second-step entrepreneurial choice, which captures the transition to full-time entrepreneurship. The present study, which examines the second-step entrepreneurial choice, reveals a U-shaped relationship between age and the intention to enter full-time entrepreneurship. Interestingly, this contrasts with prior studies on the effects from age in the first-step entrepreneurship choice, demonstrating an inverted U-relationship between age and venture startup.

Original languageEnglish
Peer-reviewed scientific journalJournal of Business Venturing Insights
Volume5
Issue numberJune
Pages (from-to)14-18
Number of pages5
DOIs
Publication statusPublished - 01.06.2016
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management
  • Age
  • Employment
  • Entrepreneurial entry
  • Entrepreneurship career
  • Hybrid entrepreneurship

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