Universität zu Köln

Gaenser-Stickler, Gertraud M., Schulz, Matthias ORCID: 0000-0002-2391-8442 and Schwens, Christian ORCID: 0000-0002-4576-5520 (2022). Sitting on the fence- Untangling the role of uncertainty in entrepreneurship and paid employment for hybrid entry. Journal of business venturing, 37 (2). p. 106176. AMSTERDAM: ELSEVIER. ISSN 1873-2003 ; 0883-9026

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Abstract

Prior research agrees that uncertainty in entrepreneurship shapes individuals' decision between hybrid and full-time entry, but largely neglects the role of uncertainty in paid employment. By theorizing that hybrid entrepreneurship is a portfolio of real options in entrepreneurship and paid employment, we argue that both uncertainty in entrepreneurship and paid employment as well as their interplay determine individuals' decisions regarding their mode of entry into entrepreneurship. We validate our theory using data from the Current Population Survey and the Study of Income and Program Participation and contribute to the hybrid entrepreneurship literature and research on uncertainty in entrepreneurship.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Gaenser-Stickler, Gertraud M. UNSPECIFIED UNSPECIFIED UNSPECIFIED Schulz, Matthias UNSPECIFIED orcid.org/0000-0002-2391-8442 UNSPECIFIED Schwens, Christian UNSPECIFIED orcid.org/0000-0002-4576-5520 UNSPECIFIED
URN:	urn:nbn:de:hbz:38-664106
DOI:	10.1016/j.jbusvent.2021.106176
Journal or Publication Title:	Journal of business venturing
Volume:	37
Number:	2
Page Range:	p. 106176
Date:	2022
Publisher:	ELSEVIER
Place of Publication:	AMSTERDAM
ISSN:	1873-2003 ; 0883-9026
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Business Administration > Corporate Development > Professur für Innovation Management and Entrepreneurship
Subjects:	Management and auxiliary services
Uncontrolled Keywords:	Keywords Language REAL OPTIONS; SELF-EMPLOYMENT; RISK; INVESTMENT; PORTFOLIO; CONSEQUENCES; UNEMPLOYMENT; VALUATION; MODELS; RETURN English Business English
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/66410