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Experiential learning theory and hybrid entrepreneurship: factors influencing the transition to full-time entrepreneurship
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering. University of Cape Town, Cape Town, South Africa.ORCID iD: 0000-0001-9575-6676
2020 (English)In: International Journal of Entrepreneurial Behaviour & Research, ISSN 1355-2554, E-ISSN 1758-6534, Vol. 26, no 8, p. 1845-1863Article in journal (Refereed) Published
Abstract [en]

Purpose

Through the lens of experiential learning theory, this conceptual paper examines the factors influencing the likelihood of transitioning from hybrid to full-time entrepreneurship. It is critical to evaluate the experiential learning that takes place during the hybrid phase, in order to establish a more nuanced understanding of the dynamic entrepreneurial journey.

Design/methodology/approach

This conceptual paper made use of a secondary data analysis of the existing academic literature, in particular using a thematic analysis, in order to propose a conceptual model and associated propositions.

Findings

The proposed conceptual model identifies four factors: fear of failure, perceived risk, entrepreneurial competency development and self-efficacy that are predicted to influence the transition decision. This paper establishes hybrid entrepreneurship as an effective learning ground and path toward full-time entrepreneurship.

Practical implications

Providing insights into the factors that influence the transition, allows policy makers to establish systems and incubators to support hybrid entrepreneurs reach the tipping point at which they have sufficient knowledge to enter full-time entrepreneurship. This paper establishes the importance of developmental policies aimed at encouraging hybrid entrepreneurship. There are also implications for managers of hybrid entrepreneurs to establish policies that encourage a culture of transparency and reap the benefits of enhanced employee development.

Originality/value

The paper has three predominant sources of value. First, offering a multidisciplinary approach by extending an existing theory to a new context; second, through the establishment of a conceptual model, offering propositions readily linked to hypotheses for future empirical assessment and third, enhancing the visibility of hybrid entrepreneurship in the literature to encourage public policy intervention and support.

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2020. Vol. 26, no 8, p. 1845-1863
Keywords [en]
hybrid entrepreneurship, experiential learning theory, venture development
National Category
Business Administration
Research subject
Industrial Marketing
Identifiers
URN: urn:nbn:se:ltu:diva-80616DOI: 10.1108/IJEBR-12-2019-0668ISI: 000563583900001Scopus ID: 2-s2.0-85089676165OAI: oai:DiVA.org:ltu-80616DiVA, id: diva2:1462594
Note

Validerad;2020;Nivå 2;2020-11-18 (alebob)

Available from: 2020-08-31 Created: 2020-08-31 Last updated: 2024-11-18Bibliographically approved
In thesis
1. The marketing-entrepreneurship interface: an evaluation of hybrid entrepreneurs
Open this publication in new window or tab >>The marketing-entrepreneurship interface: an evaluation of hybrid entrepreneurs
2021 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

Marketing and entrepreneurship may often be treated as distinct streams of academic research, however their complementary nature in practice highlights a number of areas of overlap between the two disciplines. The emergence and subsequent growth of entrepreneurial marketing has highlighted the intersection between marketing and entrepreneurship, with scholars expanding the context within which entrepreneurial marketing is examined. Entrepreneurial marketing is a particularly relevant concept in global business markets today, given that the current economic environment in which entrepreneurs operate is one where change is inevitable and traditional attempts to plan are often undermined by uncertainty. Uncertainty as a result of technological changes coupled with shifts in the labour market have resulted in the growth of a particular type of entrepreneur, the hybrid entrepreneur. The number of these individuals, who traverse a grey area between traditional labour markets and self-employment, have grown drastically in recent years. However, little research has explicitly examined the unique nature of these individuals, in particular, the entrepreneurial marketing efforts and subsequent challenges faced in establishing and growing their ventures. This informed the purpose of this dissertation, which is to address its research statement: What are the entrepreneurial marketing efforts and challenges faced by hybrid entrepreneurs?

The empirical component of this research spans four research papers. Paper 1 examined the research question: What is the intellectual landscape, scientific productivity and impact of authors, articles and journals in the entrepreneurial marketing field? This empirical paper offered insight into the burgeoning field of entrepreneurial marketing through a bibliographic analysis, in particular, considering whether publications in the field have considered entrepreneurial marketing from the perspective of hybrid entrepreneurship. Paper 2 examined the research question: What are the specific factors that motivate individuals to become hybrid entrepreneurs? This empirical paper made use of a qualitative research methodology, in particular interviewing hybrid entrepreneurs to uncover deep-rooted motivations for engaging in hybrid entrepreneurship. Paper 3 examined the research question: What are the factors that drive the likelihood of transitioning from hybrid entrepreneurship to full-time entrepreneurship? This conceptual paper examined literature in the fields of entrepreneurship and hybrid entrepreneurship, ultimately presenting a conceptual model of the transition period rooted in experiential learning theory. Paper 4 examined the research question: What entrepreneurial marketing issues does one face when growing their small business and how do these issues affect business growth? This empirical paper presented a qualitative case study analysis that examined an individual who had traversed hybrid entrepreneurship throughout the development of their venture.

The contribution of the research is its challenge of traditional, outdated conceptualisations of entrepreneurship by counteracting the apparent invisibility of hybrid entrepreneurship in the literature. This research has delineated the role of the entrepreneur is affecting business decisions that may ultimately be to the detriment of business growth. This dissertation drew parallels between entrepreneurship and marketing literature, where similar decisions may be made and justified to willingly halt business growth yet critiqued in very different ways. This research has further explicated the hybrid entrepreneurial journey in a manner that allows for entrepreneurial marketing issues to be examined at different stages in the journey.

This dissertation is organised as follows. The first chapter introduces the research domain and describes the research problem. The second chapter presents a literature review of extant literature, thereafter the third chapter outlines the development of the four research questions examined in the four papers comprising this dissertation. The fourth chapter discusses the methodology employed in the dissertation, offering insight into the methodological decisions made in each paper. The fifth chapter presents the findings of the papers and the final, sixth chapter discusses the contributions, implications, limitations and recommendations for future researchers in the field. The four research papers are then presented as appendices. Three of these papers have either been published or accepted for publication and the fourth is under review.

Place, publisher, year, edition, pages
Luleå: Luleå tekniska universitet, 2021. p. 228
Series
Doctoral thesis / Luleå University of Technology 1 jan 1997 → …, ISSN 1402-1544
Keywords
Entrepreneurial marketing, hybrid entrepreneurship, experiential learning theory, self-determination theory, venture development, motivations, strategic orientation, brand equity, growth strategy, comfort entrepreneur
National Category
Business Administration
Research subject
Industrial Marketing
Identifiers
urn:nbn:se:ltu:diva-81383 (URN)978-91-7790-711-4 (ISBN)978-91-7790-712-1 (ISBN)
Public defence
2021-02-01, Online Zoom Defence, 09:30 (English)
Opponent
Supervisors
Available from: 2020-11-12 Created: 2020-11-12 Last updated: 2023-01-24Bibliographically approved

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Ferreira, Caitlin Candice

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