Research Handbook of Entrepreneurial Exit

Research Handbook of Entrepreneurial Exit

Research Handbooks in Business and Management series

Edited by Dawn R. DeTienne and Karl Wennberg

With contributions from authors around the globe, Research Handbook of Entrepreneurial Exit explores this most important phenomenon in the entrepreneurial journey. This book presents a comprehensive review of the current issues in entrepreneurial exits, and provides theoretical and methodological insights for future research. It explores the historical perspective and discusses topics such as gender and exit, retirement, psychological barriers, emotional aspects, venture capital funding firm relocation and exit from social ventures.

Chapter 2: Re-evaluating business exit from a gendered perspective

Susan Marlow and Janine Swail

Subjects: business and management, entrepreneurship, strategic management


Considerable attention has been afforded to the new venture creation decision (Storey, 2011; Wright and Stigliani, 2013), yet the exit of the firm and/or the entrepreneur from the market has attracted far less interest (Wennberg and DeTienne, 2014). This appears an odd disjuncture as, eventually, firms exit the market – this may be a ‘good exit’ with positive outcomes (for example, a harvest event or a ‘bad exit’ (for example, financial insolvency (DeTienne, 2010; Levie et al., 2011). To further complicate matters, there has been a tendency to conflate the entrepreneur’s exit from the firm with the demise of the business – although these may be different events with distinct and separate implications (DeTienne, 2010; Marlow et al., 2010; Wennberg and DeTienne, 2014).

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