TY  - RPRT
        AU  - Xi, Guoqian
AU  - Block, Jörn
AU  - Lasch, Frank
AU  - Robert, Frank
AU  - Thurik, Roy
        TI  - Mode of Entry into Hybrid Entrepreneurship: New Venture Start-Up versus Business Takeover
        PY  - 2017/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11104
        UR  - https://www.iza.org/publications/dp11104
        AB  - Many entrepreneurs start their ventures while retaining jobs in wage employment; this phenomenon is called hybrid 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 entrepreneurs, we show that educational attainment and management experience are associated with new venture start-up, whereas being female, having worker experience, and having received social benefits are linked to business takeover. With these results, our study contributes to research on hybrid entrepreneurship and entrepreneurship entry modes. Moreover, it informs policy makers about the nature of hybrid entrepreneurship and contributes to the design of effective policies to promote business takeover, which is of high interest, given the growing number of businesses seeking outside successors.
        KW  - business takeover
KW  - entrepreneurship entry mode
KW  - hybrid entrepreneurship
KW  - new venture
        ER  -