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The preponderance of research regards entrepreneurial entry as a dichotomous choice between paid employment and entrepreneurship. Most classic models on the emergence of entrepreneurship either neglect or exclude the opportunity of engaging in both occupations at the same time. This view stands in contrast to increasing evidence that the majority of firm entry around the world occurs by individuals who simultaneously engage in paid employment and self-employment, an entry mode which has been termed hybrid entrepreneurship. 58% of all start-ups in Sweden have been found to be started in hybrid entrepreneurship and even in R&D-pursuing start-ups in Germany, this type of business entry represents 27% of all entrants. Next to this high prevalence of hybrid entrepreneurs among entrepreneurs, there are at least three reasons why these hybrid entrepreneurs should receive more attention. First, as hybrid entrepreneurs are often better educated than pure entrepreneurs, their business ideas might be expected to result in more high-growth ventures. Second, businesses run in pure entrepreneurship survive longer on average if they have been founded in hybrid entrepreneurship. Third, regardless of whether or not hybrid entrepreneurs generate greater economic impact than pure entrepreneurs, their relevance also emerges from their potential to evolve into valuable full-time businesses that otherwise would not have existed. This thesis therefore aims to advance research on hybrid entrepreneurship by revealing its importance for policymaking and entrepreneurship research, the various areas of research touched by it, and its role in entrepreneurial exit processes.
Do you want to start your own company? This book describes the management expertise, organizational skills, and vocabulary necessary to be a successful entrepreneur based on the author’s academic and business career. This book discusses: What are the successful characteristics of an inventor, entrepreneur, and a CEO? Understanding the vocabulary of the entrepreneur’s ecosystem. What are the evaluation criteria for the team, product, business model & exit plan? Do consumers need or want your product? How to create the story that will fit the right investor for funding? Understanding the investor evaluation and screening process. Readers will learn how to ask the right questions to build a strong ecosystem with service providers, customers, and investors. If you want to be an entrepreneur, read this book. It is about the author’s personal experiences as a scientist, an inventor, an entrepreneur, CEO, and investor.
A guide to doing socially positive work in the context of business.
As the global economy continues to evolve, the idea of sustainability has become a prevalent area of concentration. Businesses are searching for more environmentally and socially conscious practices as the market distances itself from the industrial age. Implementing sustainable initiatives starts with entrepreneurs, as these individuals are the foundation for creating and building profitable societies. Understanding the practice of sustainable entrepreneurship is pivotal in predicting future trends in business and the economy. Building an Entrepreneurial and Sustainable Society provides emerging research exploring the theoretical and practical aspects of sustainability within entrepreneurship and its applications in modern socioeconomics. Featuring coverage on a broad range of topics such as public policies, internationalization, and social innovation, this book is ideally designed for entrepreneurs, business specialists, professionals, researchers, managers, economists, educators, scholars, and students seeking current research on the evolution of sustainable entrepreneurship and its contextual factors.
Written with the cooperation of Harvard Business School, this is an instructive and inspiring book for anyone who dreams of starting a successful business. The Intelligent Entrepreneur tells how three HBS graduates turned down six-figure salaries at big corporations, bet on themselves and launched their own new companies. By their ten-year reunion their audacity had paid huge dividends. They'd made many millions of dollars, created hundreds of jobs and left their mark on the world. Based on dozens of interviews with highly successful entrepreneurs, Harvard Business School professors and HBS alumni, The Intelligent Entrepreneur tells the compelling and instructive story of how these three young founders developed ideas, assembled teams, built ventures, and achieved their dreams. Along the way, they learned that starting great companies requires much more than a ferocious work ethic or good timing. Their hard-won insights - distilled into ten key rules - will help anyone become a successful entrepreneur.
Why do entrepreneurs from all over the world seek advice from their former professor Dr. Shelly Weinig? For thirty years, "The Father of Electronic Materials" created breakthroughs that others called impossible and built a multimillion-dollar technology business that made the computer revolution a reality. Now, in this lively hybrid memoir and business guide, Dr. Weinig shares his personal secrets of entrepreneurship - how to recognize opportunity, the smart way to take risks, how to negotiate on your own and how to grow your venture. You'll meet unforgettable scientists and entrepreneurs, from the Bell Labs geniuses who invented transistors to "Professor Izzy," the string-saving sage of Yonkers, New York. Along the way you'll learn why the Japanese are brilliant business partners, and how tough it is to open a factory in France...sober. "I wrote this book for the same reason I've been teaching for over two decades." says Dr. Weinig. "I want to inspire the future entrepreneurs and innovators that will define our tomorrow." Learn what it takes to be a RULE BREAKER in the 21st century and change the course of your business career. "With Weinig as a guide, we see the soul of what business can accomplish and how management as if people matter can lead to substantial success. Read the book without risk but with substantial reward." --Dr. Robert A. Scott, President Emeritus, Adelphi University and Ramapo College, New Jersey, and former non-executive chairman of a publicly traded stock company.
This book presents a collection of nine studies which contribute to a more robust and richer understanding of entrepreneurship, self-employment and retirement in a diversity of settings, including the Netherlands, Canada, the United Kingdom, Singapore and the US, by drawing on both qualitative and quantitative data.
Presenting cutting-edge research from Europe and beyond, The Role of Ecosystems in Developing Startups examines the diverse triggers of the entrepreneurial process and evaluates the richness of different entrepreneurial ecosystems.
Contains an Open Access chapter. Various perspectives on hybrid ventures are explored in this volume, incl. the costs to all when some entrepreneurs do not pursue hybrid approaches, whether hybrid ventures are, or should be, the new norm, and whether the social, environmental, and economic value are distinct and should be separated from each other.
This second edition provides a comprehensive and up-to-date overview of the field of entrepreneurship, principally from an economics perspective.