Making sense of entrepreneurial exit strategies: A typology and test

DeTienne, Dawn R.; McKelvie, Alexander; Chandler, Gaylen N.

doi:10.1016/j.jbusvent.2014.07.007

Cited by 174 publications

(207 citation statements)

References 78 publications

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“…The founder(s) plays an important role in the exit decision and strategy. DeTienne, McKelvie, and Chandler (2015) distinguish between three modes of exit for the entrepreneur: financial harvest (IPO or acquisition), stewardship (family succession, employee buyout, and sale to an individual), and voluntary cessation (liquidation and discontinuance). Using a cross-sectional data-set of 189 firms, they show that the perceived innovativeness of the entrepreneurial opportunity increases the likelihood of financial harvest and decreases the likelihood of voluntary cessation.…”

Section: Exit Behavior Of Innovative Ventures and Its Consequencesmentioning

confidence: 99%

The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship

Block

Fisch

Praag

2016

Industry and Innovation

255

141

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Innovative entrepreneurship is considered an important pillar for economic development and has sparked a lively discussion in academia and practice alike. Oftentimes, however, the debate is not sufficiently grounded on solid empirical evidence. The academic literature is growing but very scattered and is separated into several disciplines. We provide a summary that takes stock of the academic knowledge about innovative entrepreneurship and summarizes the evidence from 102 empirical studies published in the primary economics and management journals on the antecedents, behavior, and consequences of innovative entrepreneurship. Based on this state-of-the-art literature review, directions for future research are discussed.

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Section: Exit Behavior Of Innovative Ventures and Its Consequencesmentioning

confidence: 99%

The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship

Block

Fisch

Praag

2016

Industry and Innovation

255

141

View full text Add to dashboard Cite

show abstract

“…Entrepreneurial exit refers to “the process by which the founders of privately held firms leave the firms they helped to create” (DeTienne , p. 203). It has recently emerged as a central topic in entrepreneurship research, as it is considered to be a critically important component of the entrepreneurial process (DeTienne ) and even a major event in the development of a venture (DeTienne, McKelvie, and Chandler ; Wennberg and DeTienne ).…”

Section: Introductionmentioning

confidence: 99%

Unraveling the Perceived Reasons Underlying Entrepreneurs' Retirement Decisions: A Person-Centered Perspective

Chevalier

Fouquereau

Gillet

et al. 2017

Journal of Small Business Management

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This study investigated the reasons and psychosociological mechanisms underlying French entrepreneurs' decisions to terminate their career, based on the Push Pull Anti push Anti Pull model (Chevalier et al. ). The purpose of this article is (a) to examine naturally occurring profiles of entrepreneurs' motivation to retire using cluster analysis, and (b) to investigate associations of the profiles with social characteristics and the intention to retire. The results revealed four distinctive profiles: (1) “eager to retire,” (2) “ready to retire,” (3) “ambivalent,” and (4) “reluctant.” Subjective health, level of education, and income were differentially related to the four profiles. Entrepreneurs with profiles 1 and 2 had the highest level of intention to retire. Implications of the findings for professional counselors and directions for future research are discussed.

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“…В ряде ра-бот каузация сравнивается с эффектуаци-ей в ее воздействии на результативность, демонстрируя положительный эффект на результаты деятельности фирм [Laskovaia, Shirokova, Morris, 2017;Smolka et al, 2016] и производительность проектов R&D [Brettel et al, 2012]. Другие исследования фокусируются на роли каузативного мыш-ления в качестве модератора связи между различиями в команде основателей и ге-нерацией идей и инноваций [Kristinsson, Candi, Saemundsson, 2016], а также на воз-действии такого мышления на стратегии предпринимательского выхода [DeTienne, McKelvie, Chandler, 2015].…”

Section: теория и гипотезы исследованияunclassified

Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

Shirokova¹,

Laskovaia²

2017

RMJ

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Making sense of entrepreneurial exit strategies: A typology and test

Cited by 174 publications

References 78 publications

The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship

The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship

Unraveling the Perceived Reasons Underlying Entrepreneurs' Retirement Decisions: A Person-Centered Perspective

Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

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