Making sense of entrepreneurial exit strategies: A typology and test

By Dawn R. DeTienne, A. McKelvie, Gaylen N. Chandler. 2015

232 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/987530ee3f31e73476413d51c0bc8d2e7f089782

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Citations in the corpus

To Merge, Sell, or Liquidate? Socioemotional Wealth, Family Control, and the Choice of Business Exit (2019, unknown): “…owners may eventually exit for a host of idiosyncratic reasons (e.g., exhaustion, poor health, desire for change, better opportunities elsewhere, death of founder, divorce; DeTienne, 2010; Graebner, 2009) and adopt a variety of exit strategies (e.g., DeTienne et al., 2015; Wennberg et al., 2010).”
Get It Together! Synergistic Effects of Causal and Effectual Decision-Making Logics on Venture Performance (2018, background): “Finally, DeTienne, McKelvie, and Chandler (2015) examined causation based decision making in the context of entrepreneurial exit strategies, where entrepreneurs used a causal approach to pursue financial harvest exit strategies.”
Does innovativeness reduce startup survival rates (2015, background): “Finally, entrepreneurs who believe that they are exceptionally innovative may have a particular exit strategy in mind (e.g., DeTienne et al., 2015) and can, as a result, seek to increase their ﬁ rm's risk pro ﬁ le to achieve the desired exit and associated rewards (conditioned on survival, of…”
Entrepreneurial persistence beyond survival: Measurement and determinants (2019, background): “…entrepreneur dispositions derived from personality factors, and (b) individual competencies, skills, and knowledge (Cooper et al., 3See, for example, Cardon and Kirk (2015), DeTienne et al. (2015), DeTienne et al. (2008), Holland and Garrett (2015), Holland and Shepherd (2013), Wu et al. (2007).”
The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship (2017, unknown): “DeTienne, McKelvie, and Chandler (2015) distinguish between three modes of exit for the entrepreneur: financial harvest (IPO or acquisition), stewardship (family succession, employee buyout, and sale to an individual), and voluntary cessation (liquidation and discontinuance).”
What is entrepreneurial failure? Implications for future research (2016, background): “For instance, DeTienne et al. (2014) find that some entrepreneurs have exit strategies that include ‘voluntary cessation’; they suggest these firms are closed down when the primary activity or the purpose for which the firm was created has been achieved and the remaining firm assets are not worth…”
Entrepreneurial resilience and venture failure (2017, background): “Entrepreneurs viewed cessation as failure, not as a positive exit such as retirement, harvesting investment or pursuing other employment options (De Tienne et al., 2014; Jenkins and McKelvie, 2016).”