TY  - RPRT
        AU  - Xi, Guoqian
AU  - Block, Jörn
AU  - Lasch, Frank
AU  - Robert, Frank
AU  - Thurik, Roy
        TI  - Work Experience from Paid Employment and the Path to Entrepreneurship: Business Takeover versus New Venture Start-Up
        PY  - 2016/May/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9949
        UR  - https://www.iza.org/publications/dp9949
        AB  - Our paper investigates how the type of work experience gained from prior paid employment influences the path to entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a large and rich French data set, we find that small firm experience increases the likelihood for business takeover, whereas management and same sector experience both increase the likelihood for new ventures. Our findings are relevant for policymakers aiming to improve the business transfer process.


        KW  - new venture start-up
KW  - business takeover
KW  - entrepreneurship entry mode
KW  - work experience
        ER  -