<div>This dissertation investigates how entrepreneurs make significant decisions during
the progressive stages of business development and evaluates how the unique psychological traits of entrepreneurs influence these key decisions from initialization to
exit. </div><div>The first essay, which is based on current literature exploring organizational identification, theorizes that an entrepreneur’s exit decision depends upon the strength
of his/her organizational identification with his/her specific business endeavors. This
work suggests factors that reduce or enhance organizational identification (e.g., prior
entrepreneurial experience, the number of co-founders, the status of the core founders,
and the duration of the organization as a private firm) and summarizes how these
factors affect an entrepreneur’s voluntary succession. </div><div>Next, the second essay sheds light on the relationship between hybrid entrepreneurship and performance at the initial stage of entrepreneurial activities. Drawing upon
the entrepreneurial threshold literature, this paper develops a theory of how hybrid
entrepreneurship, regardless of the status of an entrepreneur’s transition to full-time
employment, may affect the financing and commercialization of entrepreneurial activity. </div><div>Finally, a third significant essay reflects on the topic of the new era with multiple financing sources (e.g., crowdfunding and peer-to-peer lending), examining how hybrid
entrepreneurship influences an entrepreneur’s financing preference (i.e., financing goal
amount, financing schedule, and staged financing decision). Starting from the atypical contextual background of hybrid entrepreneurs (i.e., low self-confidence and considerable resource limitation), this essay theorizes that hybrid entrepreneurs prefer to request smaller amounts of financing over either a longer term or with staged financing,
compared to full-time entrepreneurs. Furthermore, in order to delve into the mechanisms behind the given association, the moderating effect of prior entrepreneurial
success is also investigated.<br></div>
| Identifer | oai:union.ndltd.org:purdue.edu/oai:figshare.com:article/12673511 |
| Date | 30 July 2020 |
| Creators | Dalee Yoon (9140621) |
| Source Sets | Purdue University |
| Detected Language | English |
| Type | Text, Thesis |
| Rights | CC BY 4.0 |
| Relation | https://figshare.com/articles/thesis/THREE_ESSAYS_ON_ENTREPRENEURS_AND_THE_HETEROGENEITY_IN_ENTREPRENEURIAL_DECISIONS/12673511 |
Page generated in 0.0018 seconds