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dc.contributor.authorDeTienne, Dawn R.
dc.contributor.authorMcKelvie, Alexander
dc.contributor.authorChandler, Gaylen N.
dc.identifier.citationDeTienne, Dawn R.; McKelvie, Alexander; Chandler, Gaylen N. 2015. Making sense of entrepreneurial exit strategies: a typology and test. Journal of Business Venturing, vol. 30:no. 2, March 2015:pp 255–272en_US
dc.descriptionClick on the DOI link to access the article (may not be free).en_US
dc.description.abstractEntrepreneurial exit is a major event in the development of a venture. However, we have little understanding of the factors that drive the development of an important pre-cursor to exit: the exit strategy of the founder. Based on the existing literature, we develop a typology of entrepreneurial exit strategies consisting of three higher-level exit categories (i.e., financial harvest, stewardship, and voluntary cessation) and develop an initial test of our typology. Specifically, we examine entrepreneurs' perceived innovativeness of their opportunity, motivational considerations, decision-making approach, founding team, and firm size. Our results show different predictors for each of the three exit strategy types and represent a significant contribution to the understanding of exit strategies in new ventures.en_US
dc.publisherElsevier B.V.en_US
dc.relation.ispartofseriesJournal of Business Venturing;v.30:no.2
dc.subjectEntrepreneurial exiten_US
dc.subjectExit strategiesen_US
dc.titleMaking sense of entrepreneurial exit strategies: a typology and testen_US
dc.rights.holderCopyright © 2014 Elsevier Inc. All rights reserved.

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