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 language | English |
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Peer-reviewed scientific journal | Journal of Business Venturing Insights |
Volume | 5 |
Issue number | June |
Pages (from-to) | 14-18 |
Number of pages | 5 |
DOIs | |
Publication status | Published - 01.06.2016 |
MoE publication type | A1 Journal article - refereed |
Keywords
- 512 Business and Management
- Age
- Employment
- Entrepreneurial entry
- Entrepreneurship career
- Hybrid entrepreneurship