The entrepreneur's mode of entry: Business takeover or new venture start?

被引：64
|
作者：
Parker, Simon C. [2 ]
van Praag, C. Mirjam [1 ]
机构：
[1] Univ Amsterdam, NL-1012 WX Amsterdam, Netherlands
[2] Univ Western Ontario, London, ON N6A 3K7, Canada
来源：
JOURNAL OF BUSINESS VENTURING | 2012年 / 27卷 / 01期
关键词：
Business start-up; Business takeover; Entrepreneur; Education; Human capital; LABOR-MARKET CONSEQUENCES; SELF-EMPLOYMENT; PERFORMANCE; SUCCESS; CONSTRAINTS; ALLOCATION; EDUCATION; SELECTION; FIRMS;
D O I：
10.1016/j.jbusvent.2010.08.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We extend the well-known occupational choice model of entrepreneurship by analyzing the mode of entry. Individuals can become entrepreneurs by taking over established businesses or starting up new ventures from scratch. We argue that the new venture creation mode is associated with higher levels of schooling whereas managerial experience, new venture start-up capital requirements and industry level risk promote the takeover mode. A sample of data on entrepreneurs from The Netherlands provides broad support for these hypotheses, and also bears out a prediction that entrepreneurs whose parents run a family firm tend to invest the least in schooling. We go on to discuss the implications for researchers, entrepreneurs and public policy makers. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码：31 / 46
页数：16
相关论文
共 50 条
12345