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Slowed by commitment and hastened by obstacles: Exploring patterns of entrepreneur role exit in the EPOP dataset

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  • Ewing, Douglas R.
  • Meyer, Jeffrey
  • Kern, Kirk D.

Abstract

Empirical understanding of why individuals become former entrepreneurs is not well-established. This investigation draws upon Identity Theory and Role Exit Theory to explore patterns in Entrepreneurship in the Population (EPOP) Survey Project dataset. The key finding is a theory-consistent tension between commitment and obstacles encountered in predicting exit from the entrepreneur role. The likelihood of being a former entrepreneur is decreased by surrogate indicators of commitment such as having a business as primary personal income source. The likelihood is increased by proximal obstacles such as low levels of familial support. These patterns persist after statistical control for a wide swath of demographic and business characteristics. Based on these observed patterns, avenues for future research and implications for entrepreneurs, educators, and policymakers are considered.

Suggested Citation

  • Ewing, Douglas R. & Meyer, Jeffrey & Kern, Kirk D., 2024. "Slowed by commitment and hastened by obstacles: Exploring patterns of entrepreneur role exit in the EPOP dataset," Journal of Business Venturing Insights, Elsevier, vol. 21(C).
    • Handle: RePEc:eee:jobuve:v:21:y:2024:i:c:s235267342400012x
    DOI: 10.1016/j.jbvi.2024.e00460
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    References listed on IDEAS

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