Moving beyond one-shot decisions to spinout, we investigate how careers of employee entrepreneurs unfold in terms of subsequent decisions to stay at the initial venture, return to paid employment, or serial entrepreneurship. Our inductive study draws on rich career-history data triangulated...

In this chapter, the authors assert that traditional advanced degree programs underserve young scientists, and train them primarily for a career in academia pursuing basic research. Data drawn from the Scientists and Engineers Statistical Data System (SESTAT) from 1996 to 2006 show that only one...