The entrepreneurial break-up : disengaging from the start-up phase

Wicker, Christina & Davidsson, Per (2015) The entrepreneurial break-up : disengaging from the start-up phase. In DeTienne, Dawn & Wennberg, Karl (Eds.) Research Handbook of Entrepreneurial Exit. Edward Elgar, Cheltenham, United Kingdom, pp. 197-213.

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Research on firm exit has grown considerably in volume and sophistication in recent years, leading to new insights and strengthened research-based evidence. However, no framework explicitly explains nascent disengagement, i.e., termination of start-up efforts before the firm has reached an operational stage. Further, prior research has had limited success at explaining nascent entrepreneurial behaviour using theories based on logics of resource availability and economic rationality. In response, this chapter approaches nascent stage disengagement unconventionally by proposing to analogously apply Sternberg’s (1986) Triangular Theory of Love, arguing that founders are less likely to give up the start-up effort if they create strong, almost loving relations to their businesses. Nascent entrepreneurs who terminate the start-up process are proposed to lack one or more of the components – intimacy, passion, and commitment – which are essential according to Sternberg’s theory.

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ID Code: 80896
Item Type: Book Chapter
Keywords: Nascent Entrepreneurship, Disengagement, Triangular Theory of Love, Intimacy, Passion, Commitment
ISBN: 9781782546962
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2015 Edward Elgar Publishing
Deposited On: 23 Jan 2015 00:06
Last Modified: 13 Nov 2015 04:01

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