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Comment on “Firm Resource Characteristics and Human Capital as Predictors of Exit Choice: An Exploratory Study of SMEs”

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  • Alberti Fernando G.

    (School of Business and Management, LIUC – Universita’ Cattaneo, Corso Matteotti, 22 Castellanza 21053, Italy)

Abstract

Entrepreneurial exit is a fact all over the world and it not only affects the entrepreneur and the firm but also the industry and, in some cases, even the regional economy. Nevertheless, entrepreneurial exit has only recently received scholarly attention and, more specifically, still little we know on the different methods entrepreneurs use for exiting their ventures, on the factors that contribute to their choice of exit route, and on the antecedents of entrepreneurial exit choice and outcome. Even though it has received little research attention, previous exit research has assumed a multifaceted nature, because of the differences in levels/units of analysis, theoretical perspectives, contexts, and choice of dependent and independent variables accounted for in the present commentary.

Suggested Citation

  • Alberti Fernando G., 2013. "Comment on “Firm Resource Characteristics and Human Capital as Predictors of Exit Choice: An Exploratory Study of SMEs”," Entrepreneurship Research Journal, De Gruyter, vol. 3(1), pages 134-140, January.
    • Handle: RePEc:bpj:erjour:v:3:y:2013:i:1:p:134-140:n:8
    DOI: 10.1515/erj-2012-0029
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    References listed on IDEAS

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    1. Carlo Salvato & Francesco Chirico & Pramodita Sharma, 2010. "A farewell to the business: Championing exit and continuity in entrepreneurial family firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 22(3-4), pages 321-348, May.
    2. DeTienne, Dawn R., 2010. "Entrepreneurial exit as a critical component of the entrepreneurial process: Theoretical development," Journal of Business Venturing, Elsevier, vol. 25(2), pages 203-215, March.
    3. Wennberg, Karl & Wiklund, Johan & DeTienne, Dawn R. & Cardon, Melissa S., 2010. "Reconceptualizing entrepreneurial exit: Divergent exit routes and their drivers," Journal of Business Venturing, Elsevier, vol. 25(4), pages 361-375, July.
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    5. Per Davidsson & Johan Wiklund, 2001. "Levels of Analysis in Entrepreneurship Research: Current Research Practice and Suggestions for the Future," Entrepreneurship Theory and Practice, , vol. 25(4), pages 81-100, July.
    6. Elena Cefis & Orietta Marsili, 2011. "Born to flip. Exit decisions of entrepreneurial firms in high-tech and low-tech industries," Journal of Evolutionary Economics, Springer, vol. 21(3), pages 473-498, August.
    7. Elena Cefis & Orietta Marsili, 2011. "Revolving doors: entrepreneurial survival and exit," Journal of Evolutionary Economics, Springer, vol. 21(3), pages 367-372, August.
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