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We argue two alternative routes that lead entrepreneurial start-ups to acquisition outcomes instead of liquidation. On one hand, acquisitions can come about through the control route with external financers such as venture capitalists (VCs). VCs take control through their board seats along with...
Persistent link: https://www.econbiz.de/10011473538
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 …, our study contributes to research on hybrid entrepreneurship and entrepreneurship entry modes. Moreover, it informs policy …
Persistent link: https://www.econbiz.de/10011743547
Persistent link: https://www.econbiz.de/10011714812
online database indicate that founders stick with entrepreneurship as a serial entrepreneur or as an angel investor only in … another firm, to become dependently employed, or to act as a business angel. Our detailed data resting on the CrunchBase …
Persistent link: https://www.econbiz.de/10011436054
also reinforce the prior evidence on the intergenerational transmission of entrepreneurship. …
Persistent link: https://www.econbiz.de/10011441301
that founders are more likely to stick with entrepreneurship as a serial entrepreneur or as an angel investor in cases … a business angel, to found another firm, or to become dependently employed. Our detailed data from CrunchBase indicate …
Persistent link: https://www.econbiz.de/10011539856
business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …
Persistent link: https://www.econbiz.de/10011549385
The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...
Persistent link: https://www.econbiz.de/10011410741
Although comprehensive data from official statistics on new firm formation and entrepreneurs starting a new business are lacking in Germany, we know from empirical studies that entry rates differ between regions, and that the propensity to become an entrepreneur is influenced by...
Persistent link: https://www.econbiz.de/10011411296
This paper tests the theory recently put forward by Edward Lazear that individuals with competence in many skills should have a higher probability of being self-employed than others. The empirical results for Germany support this jack-of-all-trades view.
Persistent link: https://www.econbiz.de/10011413672