Abstract
Hybrid entrepreneurship, simultaneous employment and entrepreneurship, is increasingly prevalent. We theorize entrepreneurial entry as one possible outcome of a two-stage new employment search process 1) decision to search for a job, attempt a start-up, or both and 2) outcome of start-up attempts. Stage 2 is critically different for hybrid (employed) nascent entrepreneurs who have greater access to resources and experience lower risk but also more salient alternative employment options. Using a novel longitudinal panel of new employment opportunity seekers, we find that employment status matters and that “parallel search” for a new job is detrimental to successful entrepreneurial entry.
Original language | English |
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Article number | 106042 |
Journal | Journal of Business Venturing |
Volume | 35 |
Issue number | 5 |
ISSN | 0883-9026 |
DOIs | |
Publication status | Published - 2020 |
Keywords
- Entrepreneurial process
- Hybrid entrepreneurship
- Parallel search
- Start-up decision
- Experience