Research Handbook of Entrepreneurial Exit
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Research Handbook of Entrepreneurial Exit

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.
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Chapter 11: For the greater good: why and how social entrepreneurs exit social ventures

Jason Lortie


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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