nach oben

International Entrepreneurship and Management Journal

Erschienen in:

01.03.2016

Transition from part-time entrepreneurship to full-time entrepreneurship: the role of financial and non-financial motives

verfasst von: Jörn H. Block, Andreas Landgraf

Erschienen in: International Entrepreneurship and Management Journal | Ausgabe 1/2016

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

Part-time entrepreneurship is often a first step towards full-time entrepreneurship. This study analyzes how financial and non-financial motives of part-time entrepreneurs influence the propensity of part-time entrepreneurs to become full-time entrepreneurs. Our results show that the motivation to supplement wage income or the motivation to achieve social recognition is negatively associated with transition behavior, whereas the motivation to achieve independence or self-realization is positively associated with transition behavior. The motivation to follow a role model, financial success, and innovation are not significantly related to transition behavior. The implications of these results with regard to part-time entrepreneurship are discussed.

Vorheriger Artikel The changing role of guanxi in influencing the development of entrepreneurial companies: a case study of the emergence of pharmaceutical companies in China

Nächster Artikel Determinants of early internationalization of new firms: the case of Chile

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Health insurance is obligatory in Germany. Employers cover half of the costs. Full-time entrepreneurs must pay the entire amount themselves.

Information for the raffle was stored in a separate data base with no possibility of matching it with responses. A total of 625 EUR in shopping vouchers was entered into the raffle.

For the robustness check, we attributed transition = 1 also to individuals who decided to transition and had thought intensively about a transition.

Amorós, J. E., & Bosma, N. (2014). Global entrepreneurship monitor: 2013 global report. Global Entrepreneurship Research Association.

Autio, E., Pathak, S., & Wennberg, K. (2013). Consequences of cultural practices for entrepreneurial behaviors. Journal of International Business Studies, 44(4), 334–362.CrossRef

Baum, J. R., & Locke, E. A. (2004). The relationship of entrepreneurial traits, skill, and motivation to subsequent venture growth. Journal of Applied Psychology, 89(4), 587–598.CrossRef

Benz, M., & Frey, B. S. (2008a). Being independent is a great thing: subjective evaluations of self-employment and hierarchy. Economica, 75(298), 362–383.CrossRef

Benz, M., & Frey, B. S. (2008b). The value of doing what you like: evidence from the self-employed in 23 countries. Journal of Economic Behavior & Organization, 68(3), 445–455.CrossRef

Birley, S., & Westhead, P. (1994). A taxonomy of business start-up reasons and their impact on firm growth and size. Journal of Business Venturing, 9(1), 7–31.CrossRef

Block, J. H., & Wagner, M. (2010). Necessity and opportunity entrepreneurs in Germany: characteristics and earnings differentials. Schmalenbach Business Review, 62, 154–174.

Block, J. H., Hoogerheide, L., & Thurik, A. R. (2013). Education and entrepreneurial choice: an instrumental variables analysis. International Small Business Journal, 31(1), 23–33.CrossRef

Block, J. H., Kohn, K., Miller, D., & Ullrich, K. (2014). Necessity entrepreneurship and competitive strategy. Small Business Economics, doi:10.1007/s11187-014-9589-x

Bosma, N., Jones, K., Autio, E., & Levie, J. (2008). Global entrepreneurship monitor, executive report 2007. Global Entrepreneurship Research Association.

Bosma, N., Hessels, J., Schutjens, V., van Praag, M., & Verheul, I. (2012). Entrepreneurship and role models. Journal of Economic Psychology, 33(2), 410–424.CrossRef

Burke, A. E., FitzRoy, F. R., & Nolan, M. A. (2008). What makes a die-hard entrepreneur? Beyond the ‘employee or entrepreneur’ dichotomy. Small Business Economics, 31(2), 93–115.CrossRef

Carter, N. M., Gartner, W. B., Shaver, K. G., & Gatewood, E. J. (2003). The career reasons of nascent entrepreneurs. Journal of Business Venturing, 18(1), 13–39.CrossRef

Cassar, G. (2006). Entrepreneur opportunity costs and intended venture growth. Journal of Business Venturing, 21(5), 610–632.CrossRef

Cassar, G. (2007). Money, money, money? A longitudinal investigation of entrepreneur career reasons, growth preferences and achieved growth. Entrepreneurship & Regional Development, 19(1), 89–107.CrossRef

Castells, M. (2000). The rise of the network society. Economy, society and culture (The information age, 1). Malden: Blackwell.

Collins, C. J., Hanges, P. J., & Locke, E. A. (2004). The relationship of achievement motivation to entrepreneurial behavior: a meta-analysis. Human Performance, 17(1), 95–117.CrossRef

Cooper, A. C., & Artz, K. W. (1995). Determinants of satisfaction for entrepreneurs. Journal of Business Venturing, 10(6), 439–457.CrossRef

Croson, D. C., & Minniti, M. (2012). Slipping the surly bonds: the value of autonomy in self-employment. Journal of Economic Psychology, 33(2), 355–365.CrossRef

Davidsson, P., & Honig, B. (2003). The role of social and human capital among nascent entrepreneurs. Journal of Business Venturing, 18(3), 301–331.CrossRef

Donckels, R., & Fröhlich, E. (1991). Are family businesses really different? European experiences from STRATOS. Family Business Review, 4(2), 149–160.CrossRef

Estrin, S., Korosteleva, J., & Mickiewicz, T. (2013). Which institutions encourage entrepreneurial growth aspirations? Journal of Business Venturing, 28(4), 564–580.CrossRef

Ferriss, T. (2009). The 4-hour workweek. Escape 9–5, live anywhere, and join the new rich. New York: Crown Publishers.

Fischer, E. M., Reuber, A., & Dyke, L. S. (1993). A theoretical overview and extension of research on sex, gender, and entrepreneurship. Journal of Business Venturing, 8(2), 151–168.CrossRef

Folta, T. B., Delmar, F., & Wennberg, K. (2010). Hybrid entrepreneurship. Management Science, 56(2), 253–269.CrossRef

Fritsch, M., Kritikos, A. S., & Rusakova, A. (2012). Who starts a business and who is self-employed in Germany (1184). Berlin: DIW-Discussion Papers.

Giuri, P., Mariani, M., Brusoni, S., Crespi, G., Francoz, D., Gambardella, A., et al. (2007). Inventors and invention processes in Europe: results from the PatVal-EU survey. Research Policy, 36(8), 1107–1127.CrossRef

Gundry, L. K., & Welsch, H. P. (2001). The ambitious entrepreneur. Journal of Business Venturing, 16(5), 453–470.CrossRef

Hamilton, B. H. (2000). Does entrepreneurship pay? An empirical analysis of the returns of self-employment. Journal of Political Economy, 108(3), 604.CrossRef

Hill, E. J., Miller, B. C., Weiner, S. P., & Colihan, J. (1998). Influences of the virtual office on aspects of work and work/life balance. Personnel Psychology, 51(3), 667–683.CrossRef

Hisrich, R. D. (1984). The woman entrepreneur in the United States and Puerto Rico: a comparative study. Leadership & Organization Development Journal, 5(5), 3–8.CrossRef

Hisrich, R. D. (1990). Entrepreneurship/intrapreneurship. American Psychologist, 45(2), 209–222.CrossRef

Hundley, G. (2001). Why and when are the self-employed more satisfied with their work? Industrial Relations, 40(2), 293–316.

Hvide, H. K., & Panos, G. A. (2014). Risk tolerance and entrepreneurship. Journal of Financial Economics, 111(1), 200–223.CrossRef

Kalleberg, A. L. (2000). Nonstandard employment relations: part-time, temporary and contract work. Annual Review of Sociology, 26(1), 341–365.CrossRef

Kautonen, T., Down, S., & Minniti, M. (2014). Ageing and entrepreneurial preferences. Small Business Economics, 42, 579–594.CrossRef

Kimmel, J., & Smith Conway, K. (2001). Who moonlights and why? Evidence from the SIPP. Industrial Relations, 40(1), 89–120.

Kolvereid, L. (1996). Organizational employment versus self-employment: reasons for career choice intentions. Entrepreneurship Theory & Practice, 20(3), 23–31.

Korunka, C., Frank, H., Lueger, M., & Mugler, J. (2003). The entrepreneurial personality in the context of resources, environment, and the startup process - a configurational approach. Entrepreneurship Theory & Practice, 28(1), 23–42.CrossRef

Langowitz, N., & Minniti, M. (2007). The entrepreneurial propensity of women. Entrepreneurship Theory & Practice, 31(3), 341–361.CrossRef

Lazear, E. P. (2005). Entrepreneurship. Journal of Labor Economics, 23(4), 649–680.CrossRef

Link, A. N., & Welsh, D. H. B. (2013). From laboratory to market: on the propensity of young inventors to form a new business. Small Business Economics, 40(1), 1–7.CrossRef

Markantoni, M., Koster, S., Strijker, D., & Woolvin, M. (2013). Contributing to a vibrant countryside? The impact of side activities on rural development. Tijdschrift voor Economische en Sociale Geografie, 104(3), 292–307.CrossRef

Markman, G. D., Balkin, D. B., & Baron, R. A. (2002). Inventors and new venture formation: the effects of general self-efficacy and regretful thinking. Entrepreneurship Theory & Practice, 27(2), 149–165.CrossRef

Martin, B. C., McNally, J. J., & Kay, M. J. (2013). Examining the formation of human capital in entrepreneurship: a meta-analysis of entrepreneurship education outcomes. Journal of Business Venturing, 28(2), 211–224.CrossRef

Maslow, A. H., Frager, R., & Fadiman, J. (1970). Motivation and personality. New York: Harper & Row.

McClelland, D. C. (1961). The achieving society. New York: Free Press.CrossRef

Metzger, G., & Ullrich, K. (2013). KfW-Gründungsmonitor 2013. Frankfurt am Main, Germany: KfW Bankengruppe.

Miner, J. B., Smith, N. R., & Bracker, J. S. (1992). Defining the inventor-entrepreneur in the context of established typologies. Journal of Business Venturing, 7(2), 103–113.CrossRef

Minniti, M., Bygrave, W. D., & Autio, E. (2006). Global entrepreneurship monitor, executive report 2005. Global Entrepreneurship Research Association.

Moskowitz, T. J., & Vissing-Jørgensen, A. (2002). The returns to entrepreneurial investment: a private equity premium puzzle? American Economic Review, 92(4), 745–778.CrossRef

Mungaray, A., & Ramirez-Urquidy, M. (2011). Full and part-time entrepreneurship and the supply of entrepreneurial effort: evidence from Mexican microenterprises. Journal of Developmental Entrepreneurship, 16(04), 441–458.CrossRef

Petrova, K. (2010). Part-time entrepreneurship, learning and ability. Journal of Management Policy and Practice, 12(1), 64–75.

Petrova, K. (2012). Part-time entrepreneurship and financial constraints: evidence from the panel study of entrepreneurial dynamics. Small Business Economics, 39(2), 473–493.CrossRef

Piorkowsky, M.-B., Buddensiek, M., & Herter-Eschweiler, R. (2013). Selbstständige in Deutschland 1992–2011. Der selbstständigen-monitor. Bonn: Rheinische Friedrich-Wilhelms-Universität Bonn.

Podsakoff, P. M., MacKenzie, S. B., Lee, J.-Y., & Podsakoff, N. P. (2003). Common method biases in behavioral research: a critical review of the literature and recommended remedies. Journal of Applied Psychology, 88(5), 879–903.CrossRef

Raffiee, J., & Feng, J. (2013). Should I quit my day job? A hybrid path to entrepreneurship. Academy of Management Journal, doi:10.5465/amj.2012.0522

Renna, F. (2006). Moonlighting and overtime: a cross-country analysis. Journal of Labor Research, 27(4), 575–591.CrossRef

Rosen, S. (1981). The economics of superstars. American Economic Review, 71(5), 845–858.

Semrau, T., & Werner, A. (2014). How exactly do network relationships pay off? The effects of network size and relationship quality on access to start-up resources. Entrepreneurship: Theory and Practice, 38, 501–525.

Shane, S., Kolvereid, L., & Westhead, P. (1991). An exploratory examination of the reasons leading to new firm formation across country and gender. Journal of Business Venturing, 6(6), 431–446.CrossRef

Shane, S., Locke, E. A., & Collins, C. J. (2003). Entrepreneurial motivation. Human Resource Management Review, 13(2), 257–279.CrossRef

Singh, G., & DeNoble, A. (2003). Early retirees as the next generation of entrepreneurs. Entrepreneurship Theory & Practice, 27(3), 207–226.CrossRef

Small, M. (2011). Understanding the older entrepreneur. Working with Older People, 16(3), 132–140.CrossRef

Unger, J. M., Rauch, A., Frese, M., & Rosenbusch, N. (2011). Human capital and entrepreneurial success: a meta-analytical review. Journal of Business Venturing, 26(3), 341–358.CrossRef

van Gelderen, M., & Jansen, P. (2006). Autonomy as a start-up motive. Journal of Small Business and Enterprise Development, 13(1), 23–32.CrossRef

Vivarelli, M. (2004). Are all the potential entrepreneurs so good? Small Business Economics, 23(1), 41–49.CrossRef

Vroom, V. H. (1982). Work and motivation. Oxford: Wiley.

Wennberg, K., Folta, T. B., & Delmar, F. (2006). A real options model of stepwise entry into self-employment. Frontiers of Entrepreneurship Research, 26 (6), article 3.

Westhead, P., & Wright, M. (1998). Novice, portfolio, and serial founders: are they different? Journal of Business Venturing, 13(3), 173–204.CrossRef

Williams, C. C. (2007). Entrepreneurs operating in the informal economy: necessity or opportunity driven? Journal of Small Business & Entrepreneurship, 20(3), 309–319.CrossRef

Zhao, H., Seibert, S. E., & Lumpkin, G. (2010). The relationship of personality to entrepreneurial intentions and performance: a meta-analytic review. Journal of Management, 36(2), 381–404.CrossRef

Titel: Transition from part-time entrepreneurship to full-time entrepreneurship: the role of financial and non-financial motives
verfasst von: Jörn H. Block
Andreas Landgraf
Publikationsdatum: 01.03.2016
Verlag: Springer US
Erschienen in: International Entrepreneurship and Management Journal / Ausgabe 1/2016
Print ISSN: 1554-7191
Elektronische ISSN: 1555-1938
DOI: https://doi.org/10.1007/s11365-014-0331-6

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Weitere Artikel der Ausgabe 1/2016

Unpacking the relationship between young ventures’ international learning effort and performance in the context of an emerging economy

When does shared leadership matter in entrepreneurial teams: the role of personality composition

The changing role of guanxi in influencing the development of entrepreneurial companies: a case study of the emergence of pharmaceutical companies in China

Entrepreneurial attributes of human capital and contingency factors in the culinary tourism

The variable effects of dynamic capability by firm size: the interaction of innovation and marketing capabilities in competitive industries

Authentic leadership and intrapreneurial behavior: cross-level analysis of the mediator effect of organizational identification and empowerment