Edited by Dawn R. DeTienne and Karl Wennberg
Chapter 11: For the greater good: why and how social entrepreneurs exit social ventures
To better understand the entirety of the entrepreneurship process, recent research has started to focus on exit as an important, yet understudied, aspect of this process (DeTienne, 2010). Most of this research focuses on exit at the individual level of analysis where the entrepreneur exits from self-employment, or firm-level exit where the firm exits the market (Wennberg and DeTienne, 2014). At the individual level, exit research has focused on how exit intentions and strategies are formed and the implications entrepreneurs’ exit routes have for their future engagement in entrepreneurial endeavours (Wennberg and DeTienne, 2014). At the firm level, exit research has focused on which types of firms are more likely to exit the market, or it has taken a macro-level perspective focusing either on the environmental factors that influence the rate of firm entry and exit, or on the impact of firm entry and exit on factors such as economic growth and employment growth in a region (Davidsson et al., 1995).
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