Research Handbooks in Business and Management series
Edited by Dawn R. DeTienne and Karl Wennberg
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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