Hybrid entrepreneurship: the importance of passion

Abstract

Purpose -Investigate motives behind individuals' choice to have parallel businessemployment careers (hybrid entrepreneurship) with a particular focus on passion (i.e., to work with something one is passionate about) as the main motive. Design/methodology/approach -A survey was administered to 262 Swedish hybrid entrepreneurs. Hypotheses proposed associations of the individual's age at business start-up and weekly hours spent on the business with passion as the main motive for the hybrid form. Logistic regression was used to test the hypotheses. Findings -The results indicated that (1) the ability to work with something one is passionate about is the top motive for combining employment with a side business; (2) passion is more likely to be the main motive behind the hybrid form among individuals who are older at business start-up; (3) passion is less likely to be the main motive behind the hybrid form among individuals who spend more time on the business. Research limitations/implications -The study focuses on passion as motive for hybrid entrepreneurship, and in doing so, it does not test the extent to which hybrid entrepreneurs experience passion. Practical implications -The results support the popular notion that passion drives people to have parallel business-employment careers. Findings indicating that passion as a motive is more common among those who are older at start-up and less common among those who spend more time on the business suggest the importance of acknowledging hybrid entrepreneurs' various profiles when approaching them in research and practice. Originality/value -This is the first study on motives behind hybrid entrepreneurship.

The role of entrepreneurship education in developing a passion for business

“…The idea of entrepreneurial passion as a multidimensional construct (Cardon, Gregoire, Stevens, & Patel, ) led to the study of entrepreneurial passion on several different levels. Various studies have: assessed the role of passion in developing entrepreneurial intention (De Clercq, Honig, & Martin, ). proposed that nascent entrepreneurs having high entrepreneurial passion are more likely to enter into new business ventures (Zhu, Chen, & Li, ). explored the impact of pull entrepreneurship in developing entrepreneurial passion—that is, the factors that pull people toward entrepreneurship (Dalborg & Wincent, ). discussed the role of passion in hybrid entrepreneurship (Thorgren, Nordström, & Wincent, ). studied the effect of passion on inventing, founding, and developing a business, and on employee commitment in entrepreneurial ventures (Klaukien, Breugst, & Patzelt, ). …”

“…• explored the impact of pull entrepreneurship in developing entrepreneurial passion-that is, the factors that pull people toward entrepreneurship (Dalborg & Wincent, 2015). • discussed the role of passion in hybrid entrepreneurship (Thorgren, Nordström, & Wincent, 2014). • studied the effect of passion on inventing, founding, and developing a business, and on employee commitment in entrepreneurial ventures (Klaukien, Breugst, & Patzelt, 2010).…”

The role of creativity in mediating the relationship between entrepreneurial passion and entrepreneurial alertness

“…Future research could explore the differences among habitual (serial and portfolio), hybrid and novice entrepreneurs in terms of their passion and alertness for entrepreneurial activities. Previous studies have begun this research (Thorgren, Nordström, & Wincent, 2014;Thorgren & Wincent, 2015), but we need to continue studying these groups because they can provide relevant information for understanding the entrepreneurial process.…”

Untitled

“…Торген и соавторы различают первый и второй этап предпринима-тельских решений [31]. На первом этапе человек решает стать гибридным пред-принимателем.…”

“…Thorgren et al [31] distinguish between the first and the second stage of entrepreneurial decisions. During the first stage, an individual takes a decision to become a hybrid entrepreneur.…”