TY - GEN A1 - Urbig, Diemo A1 - Bönte, Werner A1 - Procher, Vivien D. A1 - Lombardo, Sandro T1 - Entrepreneurs Embrace Competition: Evidence from a Lab-in-the-Field Study T2 - Academy of Management Proceedings N2 - Referring to Isreal M. Kirzner (1973) and Joseph A. Schumpeter (1934), who emphasized the competitive nature of entrepreneurship, this study investigates whether entrepreneurs are more competitive than non-entrepreneurs. We provide a conceptual framework that links entrepreneurship to three facets of individual competitiveness drawn from economic, entrepreneurship, and psychological research: a desire to win, striving for personal development, and an enjoyment of competition. Following recent economic research linking competitive behavior in experiments to career choices, we conduct a lab-in-the-field study and demonstrate that entrepreneurs are more likely to enter competitions than non-entrepreneurs. Accounting for individual desires to win and mastery-related achievement motivations, our results indicate that entrepreneurs tend to enter competition for the sake of competition itself rather than for the prospect of winning a competition or personal development in competition. Our results suggest that enjoyment of competition might be an additional factor driving entrepreneurs’ market entry decisions beyond well-known factors like overconfidence and risk taking. KW - Entrepreneurship KW - individual competitiveness KW - experiment Y1 - 2019 U6 - https://doi.org/10.5465/AMBPP.2019.10157abstract VL - 2019 IS - 1 ER - TY - GEN A1 - Steinberg, Philip J. A1 - Sofka, Wolfgang A1 - Peeters, Thijs A1 - Procher, Vivien D. A1 - Urbig, Diemo T1 - Providing Contract Research Services and Firms’ Own Product Innovation Performance T2 - Academy of Management Proceedings N2 - Extant literature has largely assumed that firms providing research services to other firms as an inventor-for-hire will do so at the expense of developing their own product innovations. Given this assumption, it is surprising that many firms provide research services to other firms without compromising their own flow of product innovations. In this study, we provide a systematic logic that connects the inventor-for-hire services that firms provide to others with the firms’ own product innovation performance. We hypothesize that opportunistic gains from providing contract research eventually enable firms to increase their product innovation performance. Furthermore, we suggest that this increase will be stronger for technology leaders and will be weaker for firms with a strong engagement in basic research. We test our hypotheses on a panel of 1,006 firms over 2005 to 2013 and find support for our hypotheses. Y1 - 2019 UR - https://journals.aom.org/doi/abs/10.5465/AMBPP.2019.19667abstract U6 - https://doi.org/10.5465/AMBPP.2019.19667abstract SN - 2151-6561 VL - Vol. 2019 IS - 1 ER - TY - GEN A1 - Urbig, Diemo A1 - Reif, Karina A1 - Lengsfeld, Stephan A1 - Procher, Vivien D. T1 - Promoting or Preventing Entrepreneurship? Employers’ perceptions of and reactions to employees’ entrepreneurial side jobs T2 - Technological Forecasting and Social Change N2 - Many entrepreneurs start their businesses while staying employed. Although such businesses are theorized to have positive and negative effects on employers’ businesses, employers’ perceptions and reactions to subordinates’ entrepreneurial side businesses are mostly unexplored. Based on a vignette study of 988 managers, we find that employers acknowledge both opportunities related to increased job performance and job attitudes as well as threats emerging from enterprising employees. Employers’ prior experiences with enterprising employees make them perceive positive consequences as more likely. Situational factors affect the outcome expectancies and moderate the relationships between these outcome expectancies and employer behavior. We discuss implications of our findings for fostering entrepreneurial mindsets in established organizations and for the emergence of entrepreneurship. KW - Entrepreneurship KW - Second-job entrepreneurship KW - hybrid entrepreneurship KW - employer KW - corporate entrepreneurship Y1 - 2021 U6 - https://doi.org/10.1016/j.techfore.2021.121032 SN - 0040-1625 VL - 172 ER - TY - GEN A1 - Steinberg, Philip J. A1 - Urbig, Diemo A1 - Procher, Vivien D. A1 - Volkmann, Christine T1 - Knowledge transfer and home-market innovativeness: A comparison of emerging and advanced economy multinationals T2 - Journal of International Management N2 - Emerging market multinational enterprises (EMNEs) increasingly access foreign technology and knowledge by internationalizing their R&D activities. Since technological laggardness hinders efficient knowledge transfer, a successful catch-up with advanced-economy multinational enterprises (AMNEs) requires EMNEs to transfer foreign knowledge across national boundaries more effectively. However, we lack a clear understanding of how EMNEs manage this knowledge transfer and integration and to what extent the employment and effectiveness of corresponding facilitation mechanisms may differ from AMNEs. Adopting a sender-recipient model and drawing on arguments from learning theory and transaction costs economics, we suggest that EMNEs benefit more from and, consequently, are more likely to engage in mechanisms to increase recipient capabilities and sender motivation. In a comparative analysis of Chinese, Indian, German, and U.S. MNEs and focusing on frequent international exchange of R&D personnel regarding recipient capabilities and the governance of foreign R&D activities regarding sender motivation, we observe positive relationships with home-market innovation for EMNEs, but not for AMNEs. Moreover, we observe that EMNEs exploit this positive effect and are more likely to use these mechanisms when focusing on technology- than on market-seeking. KW - Innovation KW - Research and development KW - catch-up strategies KW - knowledge transfer KW - knowledge integration KW - emerging market KW - multinational enterprises KW - technological upgrading Y1 - 2021 UR - https://www.sciencedirect.com/science/article/pii/S1075425321000533 U6 - https://doi.org/10.1016/j.intman.2021.100873 SN - 1075-4253 VL - 27 IS - 4 ER - TY - GEN A1 - Urbig, Diemo A1 - Procher, Vivien D. A1 - Steinberg, Philip J. A1 - Volkmann, Christine T1 - The role of firm-level and country-level antecedents in explaining emerging versus advanced economy multinationals' R&D internationalization strategies T2 - International Business Review N2 - We examined firm-level and country-level antecedents of R&D internationalization strategies, focusing on differences between enterprises in emerging and advanced economies. Previous research often focuses on the relative importance of home-base-exploiting versus home-base-augmenting knowledge transfer strategies. We suggest that country-level and firm-level effects differ for the two strategies, and hence, we examined each strategy independently. Collecting data in China, India, the United States, and Germany, we demonstrated that firms' relative technological position as a firm-level characteristic can explain differences in home-base-exploiting strategies between emerging and advanced economies. In contrast, home-base-augmenting is more closely related to exploratory institutional environments, a country-level factor. Thus, either firm- or country-level antecedents can gain a dominant role, depending on the strategy implemented. KW - Emerging-economy multinational companies KW - Institutional environment KW - Home-base-exploiting KW - Home-base-augmenting KW - Innovation KW - R&D Internationalization Y1 - 2022 UR - https://www.sciencedirect.com/science/article/pii/S0969593121001724 U6 - https://doi.org/10.1016/j.ibusrev.2021.101954 SN - 0969-5931 VL - 31 IS - 3 SP - 1 EP - 14 ER - TY - GEN A1 - Urbig, Diemo A1 - Reif, Karina A1 - Lengsfeld, Stephan A1 - Procher, Vivien D. T1 - Employers' reactions to employees' hybrid entrepreneurship T2 - Frontiers of entrepreneurship research 2021 : proceedings of the forty-first annual Babson College Entrepreneurship Research Conference N2 - Many entrepreneurs start their businesses while being employed. We analyze managers’ perceptions of and reactions to subordinates’ entrepreneurial side businesses. Expecting improved personal skills, higher innovativeness, higher efficiency, and a better employer image leads to more positive employer reactions. Previous experiences with enterprising employees make managers perceive such positive consequences as more likely. Expectations of employees using employer resources for own businesses, lower resilience and flexibility, and a lowered fit of employees with the employing organization lead to more discouraging behaviors. Situational factors such as employee importance and proximity of employee’s and employer’s businesses affect these outcome expectancies and moderate the relationships between outcome expectancies and employers’ behaviors. Y1 - 2021 UR - https://digitalcollections.babson.edu/digital/collection/ferpapers/id/3860/rec/2 SN - 978-0-910897-47-1 SP - 109 EP - 114 PB - Arthur M. Blank Center for Entrepreneurship CY - Babson Park, Massachusetts ER - TY - GEN A1 - Bönte, Werner A1 - Urbig, Diemo A1 - Lombardo, Sandro A1 - Procher, Vivien D. T1 - If you cant´t stand the heat, get out of the kitchen: Perceived inten-sity of competition and entreprenurial entry T2 - G-Forum Konferenz 2019: 23. Interdisziplinäre Jahreskonferenz zu Entrepreneurship, Innovation und Mittelstand „Die Chancen von KMU in einer globalisierten Welt" N2 - Previous research examining the link between individuals’ preferences for competition and occupational choice has not taken explicitly into account how the level of competition in various occupations is perceived by individuals. In contrast, we argue that individuals’ perception of intensity of competition is of key importance for linking theoretically and empirically individual competitiveness to occupational choice, particularly entrepreneurial entry. Using two datasets, one obtained from a student sample and the other from a general population sample, we provide empirical evidence that the relationship between individual competitiveness and occupational choice is moderated by perceived intensity of competition. Moreover, entrepreneurship is, on average, perceived as more competitively intense than paid employment in both samples implying that individuals shying away from competition and at the same time perceive particularly entrepreneurship as competitively intense are more likely to select into paid employment than into entrepreneurship. KW - Competitiveness KW - Perceived competitive intensity KW - Entrepreneurship Y1 - 2019 UR - https://www.fgf-ev.de/wp-content/uploads/2019/09/G-Forum-2019-Program-12-09-2019-Druckvorlage.pdf VL - 23 SP - 10 ER - TY - GEN A1 - Urbig, Diemo A1 - Bönte, Werner A1 - Procher, Vivien D. A1 - Lombardo, Sandro T1 - Entrepreneurs embrace competition: evidence from a lab-in-the-field study T2 - Small Business Economics N2 - Referring to Isreal M. Kirzner (1973) and Schumpeter (1934), who emphasized the competitive nature of entrepreneurship, this study investigates whether potential and revealed entrepreneurs are more likely to seek competition than non-entrepreneurs. We provide a conceptual framework that links entrepreneurship to three facets of individual competitiveness drawn from economic, entrepreneurship, and psychological research: a desire to win, striving for personal development, and an enjoyment of competition. Following economic research linking competitive behavior in experiments to career choices, we conduct a lab-in-the-field study and demonstrate that entrepreneurs are more likely to enter competitions than non-entrepreneurs. Accounting for individual desires to win and mastery-related achievement motivations, our results indicate that entrepreneurs tend to enter competition for the sake of competition itself rather than for the prospect of winning it or personal development. Our results suggest that enjoyment of competition might be an additional factor driving entrepreneurs’ market entry decisions beyond well-known factors like overconfidence and risk-taking. KW - Enjoyment of competition KW - Individual competitiveness KW - Entrepreneurship KW - Behavioral economics KW - Lab-in-the-field experiment Y1 - 2020 UR - https://link.springer.com/article/10.1007/s11187-019-00141-0 U6 - https://doi.org/10.1007/s11187-019-00141-0 SN - 0921-898X VL - 55 SP - 193 EP - 214 ER - TY - GEN A1 - Urbig, Diemo A1 - Mühlfeld, Katrin A1 - Procher, Vivien D. A1 - Witteloostuijn, Arjen van T1 - Strategic decision-making in a global context: The comprehension effect of foreign language use on cooperation T2 - Management International Review N2 - With increasing globalization comes an increasing number of people communicating in foreign languages when making strategic decisions. We develop a theoretical model in which comprehension constitutes an essential mediator for the effects of using a foreign language on cooperation in global business contexts. To resolve conceptual ambiguities, we separate information processing leading to comprehension from decision-making employing the previously comprehended information. For the first step, we demonstrate how using a foreign language can, depending on individuals’ foreign language proficiencies, trigger both lower and higher comprehension. Variation in comprehension is, as a second step and independent of its cause, negatively associated with individuals’ tendencies to cooperate. Our experimental results support our theorizing. This study provides new micro-foundations for strategic decision-making and discusses unreliable cooperation as a potentially destructive managerial group dynamic within foreign language contexts. KW - Foreign language use KW - Information comprehension KW - Judgment and decision-making KW - Strategic decision-making KW - International management Y1 - 2020 UR - https://link.springer.com/article/10.1007%2Fs11575-020-00412-z U6 - https://doi.org/10.1007/s11575-020-00412-z SN - 0938-8249 VL - 60 SP - 351 EP - 385 ER - TY - GEN A1 - Bönte, Werner A1 - Procher, Vivien D. A1 - Urbig, Diemo A1 - Voracek, Martin T1 - Digit Ratio (2D:4D) predicts self-reported measures of general competitiveness, but not behavior in economic experiments T2 - Frontiers in Behavioral Neuroscience N2 - The ratio of index finger length to ring finger length (2D:4D) is considered to be a putative biomarker of prenatal androgen exposure (PAE), with previous research suggesting that 2D:4D is associated with human behaviors, especially sex-typical behaviors. This study empirically examines the relationship between 2D:4D and individual competitiveness, a behavioral trait that is found to be sexually dimorphic. We employ two related, but distinct, measures of competitiveness, namely behavioral measures obtained from economic experiments and psychometric self-reported measures. Our analyses are based on two independent data sets obtained from surveys and economic experiments with 461 visitors of a shopping mall (Study I) and 617 university students (Study II). The correlation between behavior in the economic experiment and digit ratios of both hands is not statistically significant in either study. In contrast, we find a negative and statistically significant relationship between psychometric self-reported measures of competitiveness and right hand digit ratios (R2D:4D) in both studies. This relationship is especially strong for younger people. Hence, this study provides some robust empirical evidence for a negative association between R2D:4D and self-reported competitiveness. We discuss potential reasons why digit ratio may relate differently to behaviors in specific economics experiments and to self-reported general competitiveness. Y1 - 2017 U6 - https://doi.org/10.3389/fnbeh.2017.00238 SN - 1662-5153 VL - 11 ER - TY - GEN A1 - Steinberg, Philip J. A1 - Urbig, Diemo A1 - Procher, Vivien D. T1 - Too much or too little of R&D offshoring: The impact of captive offshoring and contract offshoring on innovation performance T2 - Research Policy N2 - Innovating firms may acquire foreign knowledge and improve their innovation performance by offshoring their R&D activities to their own foreign affiliates (captive offshoring) as well as by contracting out their R&D to external foreign parties (contract offshoring). This study examines the impact of both R&D offshoring strategies on innovation performance. Based on a panel dataset of 2421 R&D-active firms in Germany, we demonstrate that captive offshoring and contract offshoring differ fundamentally in their impact on firm innovation performance. At low degrees of offshoring, contract offshoring positively affects innovation performance and is preferable over captive offshoring. At larger degrees of offshoring, captive offshoring becomes more beneficial while contract offshoring is disadvantageous. Both offshoring strategies eventually harm innovation performance when excessively employed. Furthermore, the R&D offshoring-performance relationship is leveraged by R&D intensity, such that firms with a larger knowledge stock benefit stronger from both captive and contract offshoring. KW - R&D offshoring KW - Innovation KW - Contract offshoring KW - Captive offshoring KW - R&D intensity Y1 - 2017 UR - http://dx.doi.org/10.1016/j.respol.2017.08.008 U6 - https://doi.org/10.1016/j.respol.2017.08.008 SN - 1873-7625 VL - 46 IS - 10 SP - 1810 EP - 1823 ER - TY - GEN A1 - Schulz, Matthias A1 - Urbig, Diemo A1 - Procher, Vivien D. T1 - The role of hybrid entrepreneurship in explaining multiple job holders’ earnings structure T2 - Journal of Business Venturing Insights N2 - Despite the high prevalence of hybrid entrepreneurs among multiple job holders, research on hybrid entrepreneurship and multiple job holding has largely evolved independently from each other. We take a first step for a fruitful exchange between both research streams by building on hybrid entrepreneurship theories to explain why multiple job holders frequently have higher hourly earnings in their second job compared to their main job. Consistent with these entrepreneurship theories, our empirical analysis, based on the British Household Panel Survey (1991–2008), demonstrates that engaging in self-employment as second job significantly increases the probability of having higher average earnings in this second job, compared to being paid employed in both occupations. Furthermore, we explore the roles of gender and household composition in explaining multiple job holders’ earnings structure. KW - Entrepreneurship Y1 - 2017 UR - http://dx.doi.org/10.1016/j.jbvi.2016.12.002 U6 - https://doi.org/10.1016/j.jbvi.2016.12.002 SN - 2352-6734 VL - 7 SP - 9 EP - 14 ER - TY - GEN A1 - Bönte, Werner A1 - Procher, Vivien D. A1 - Urbig, Diemo T1 - Gender differences in selection into self-competition T2 - Applied Economics Letters N2 - While previous studies demonstrated that, in many settings, women tend to be less willing than men to engage in interpersonal competition, this study focuses on selection into self-competition. Competing against own past performances can be an integral part of life, including job and sports. Using data obtained from a lab-in-the-field experiment, we find empirical evidence that women are, on average, more reluctant than men to compete against their own past performance. Our results suggest that this difference can be mainly explained by gender differences in risk preferences. KW - Competitiveness KW - Experiment KW - Gender Y1 - 2018 U6 - https://doi.org/10.1080/13504851.2017.1343441 SN - 1466-4291 VL - 25 IS - 8 SP - 539 EP - 543 ER - TY - GEN A1 - Hofmockel, Alexandra A1 - Procher, Vivien D. A1 - Urbig, Diemo A1 - Gottschalk, Sandra T1 - Heterogeneity among hybrid entrepreneurs: Motives and performance T2 - Academy of Management Annual Meeting Proceedings N2 - We draw on a variety of research areas that explain why individuals combine paid employment and self-employment. We provide a comprehensive empirical comparison of the relevance and co-occurrence of multiple motives. Our analysis shows that motives can be meaningfully distinguished according to whether a motive is endogenously transitory or not, and suggests the presence of three dominant classes of hybrid entrepreneurs. In particular, learning and growth constraints, which we refer to as transitory motives resolving over time, play a crucial role in distinguishing between the three classes. Based on an analysis of 3,868 hybrid and pure entrepreneurs, we show that our typology helps better understand the potentially heterogeneous relationships between being a hybrid entrepreneur and entrepreneurial performance and innovation behavior. KW - Entrepreneurship KW - Hybrid Entrepreneurship KW - Motive KW - Performance KW - Innovation Y1 - 2023 U6 - https://doi.org/10.5465/AMPROC.2023.13956abstract SN - 0065-0668 SN - 2151-6561 VL - 2023 IS - 1 ER - TY - GEN A1 - Röder, Martin A1 - Procher, Vivien D. A1 - Urbig, Diemo T1 - Not all Innovations are Alike: Who Should Receive Public Grants? T2 - Academy of Management Annual Meeting Proceedings N2 - As innovation policy targets innovations suffering from underinvestment, we examine the effect of public grants on innovation. While innovation involves a lot of uncertainty, we suggest public grants as the best option bearing no obligations. But not all innovations are alike as they differ by newness level. Hence, we distinguish between ""new-to-world"" explorative and ""new-to-firm"" explotation innovation. Making use of (inter)national knowledge flow, some exploitative innovations are not ""new-to-firm"" but rather ""new-to-region or -country"" leveraging existing knowledge from another region or country. Allocating grants to the most promising startups, we evaluate startups' quality by high-tech industry and ""entrepreneurial orientation"" (EO). Within over 4,000 early-stage German startups, we find that explorative innovations benefit the most from grants, especially high EO startups. Also, grants help low EO firms to become innovative at all and to launch exploitative innovation with (inter)national knowledge flow. KW - Entrepreneurship KW - Innovation KW - Public grants KW - Innovation policy Y1 - 2022 UR - https://doi.org/10.5465/AMBPP.2022.16657abstract U6 - https://doi.org/10.5465/AMBPP.2022.16657abstract SN - 2151-6561 SN - 0065-0668 VL - 2022 PB - Academy of Management ER - TY - GEN A1 - Schulz, Matthias A1 - Urbig, Diemo A1 - Procher, Vivien D. T1 - Hybrid entrepreneurship and public policy: The case of firm entry deregulation T2 - Journal of Business Venturing N2 - Hybrid entrepreneurs are entrepreneurs who are simultaneously working as paid employees. Although they constitute a systematic and large part of new firm creation, their possibly distinct responsiveness to public policy is not yet studied. Arguing for the need to consider hybrid entrepreneurs in public policy, we analyze the introduction of one-stop shops for faster and simplified firm registration in Mexico. We find that hybrid entrepreneurs are more responsive to changes in entry regulation than full-time entrepreneurs. While both the best and least educated people respond to the reform, the effect is most pronounced for highly educated hybrid entrepreneurs. Y1 - 2016 U6 - https://doi.org/10.1016/j.jbusvent.2016.01.002 SN - 0883-9026 VL - 31 IS - 3 SP - 272 EP - 286 ER - TY - GEN A1 - Urbig, Diemo A1 - Terjesen, Siri A1 - Procher, Vivien D. A1 - Muehlfeld, Katrin A1 - Witteloostuijn, Arjen van T1 - Come on and Take a Free Ride: Contributing to Public Goods in Native and Foreign Language Settings T2 - Academy of Management Learning & Education N2 - Business schools around the world must prepare their students for two realities: operating in an English-speaking business world and working in teams. As yet, there is limited understanding of how operating in a native or a foreign language impacts students’ propensity to free ride in group settings. Building on general dual process theory of higher cognition and using a unique dataset of 276 Dutch business school students, we find that students are more inclined to free ride in a foreign language setting than in a native language setting. A student’s conscientiousness attenuates this relationship such that this effect is stronger for students who are less conscientious, and weaker and almost absent for those who are more conscientious. After a student decides not to free ride but to positively contribute to the group, the specific level of contribution is not affected by foreign language. We discuss implications for practice, policy, theory, and future research. Y1 - 2016 U6 - https://doi.org/10.5465/amle.2014.0338 SN - 1537-260X VL - 15 IS - 2 SP - 268 EP - 286 ER - TY - GEN A1 - Bönte, Werner A1 - Procher, Vivien D. A1 - Urbig, Diemo T1 - Biology and Selection into Entrepreneurship—The Relevance of Prenatal Testosterone Exposure T2 - Entrepreneurship Theory and Practice N2 - This study examines the relationship between prenatal testosterone exposure (PTE) and selection into entrepreneurship. We argue that the relationship between PTE and entrepreneurial intent is positive and mediated by general and domain–specific risk–taking related to financial investment and professional career. Using the second–to–fourth digit ratio (2D:4D) as noninvasive retrospective marker for PTE, we identify two–step mediation effects of PTE on entrepreneurial intent through both general and domain–specific risk–taking. To account for possible socialization–based effects, we control for gender and parental self–employment. Applying ordinary least squares (OLS) regression analyses and structural equation models, we provide empirical evidence for a biological association between 2D:4D and entrepreneurial intent. Y1 - 2016 U6 - https://doi.org/10.1111/etap.12165 SN - 1042-2587 VL - 40 IS - 5 SP - 1121 EP - 1148 ER - TY - GEN A1 - Procher, Vivien D. A1 - Urbig, Diemo A1 - Volkmann, Christine T1 - Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries T2 - Applied Economics Letters N2 - For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI, but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore, the BRIC countries, Brazil, Russia, India and China do not constitute a homogeneous attractiveness cluster for FDI. Y1 - 2013 U6 - https://doi.org/10.1080/13504851.2013.815302 SN - 1350-4851 VL - 20 IS - 16 SP - 1466 EP - 1471 ER - TY - GEN A1 - Röder, Martin A1 - Urbig, Diemo A1 - Stöckmann, Christoph A1 - Bönte, Werner A1 - Procher, Vivien D. T1 - There's no fox like an old fox: Dimensions of entrepreneurial orientation and venture closure T2 - 26th Annual Interdisciplinary Conference on Entrepreneurship, Innovation and SMEs, 2023 N2 - Only a few scholars examined downsides of EO and suggest it may negatively affect survival. Previous research, which mainly focuses on mature companies, assumes that the relationship between EO and survival is constant. However, because firm characteristics and causal mechanisms change as young venture survive and grow into mature firms, the relationships between EO and survival could also change over time. We extend the EO literature by considering changing EO effects when venture grow into mature firms and by employing a multidimensional view on EO and identify isolating independent mechanisms for the influence of each dimension (i.e. innovativeness, proactiveness and risk-taking) on the survival of young ventures. While the nature of proactiveness on performance is rathe positive, risk-taking and innovativeness increases the variance of firm performance and thus the chances of failure. However, the latter can be separated according to whether the increase in variance occurs at a single point in time (risk-taking) or over time (innovation) and whether the survivors have more money or more innovations. For young firms, innovativeness and risk-taking inhibit survival, while proactiveness promotes it, so the dimensions have divergent effects. As a consequence of the attrition of young ventures, the associations of innovativeness and risk-taking reverse when they grow older. Our empirical analyses are based on panel data of 8,518 young firms. KW - Entrepreneurship KW - Survival KW - Failure KW - Entrepreneurial orientation KW - time-varying Cox proportional hazard model Y1 - 2023 UR - https://www.researchgate.net/publication/379155763 UR - https://www.fgf-ev.de/wp-content/uploads/2023/09/G-Forum-2023-Programmgeruest_18-09-2023_Internet.pdf ER - TY - GEN A1 - Hofmockel, Alexandra S. A1 - Procher, Vivien D. A1 - Urbig, Diemo A1 - Gottschalk, Sandra T1 - What drives an entrepreneur to remain in a paid job? Explaining heterogeneityi among hybrid entrepreneurs T2 - Frontiers of entrepreneurship research 2022: Proceedings of the forty-second annual Babson College Entrepreneurship Research Conference N2 - Principal Topic: Hybrid entrepreneurs, individuals working in a paid job while simultaneously being self-employed (Folta et al. 2010), seem to receive increasing scholarly attention in entrepreneurship research. Since they tend to be more risk-averse and have less entrepreneurial experience than non-hybrid entrepreneurs (Folta et al. 2010; Raffiee & Feng, 2014), the general proposition in research remains to view hybrid entrepreneurs as a homogenous group who mainly use hybridity for testing before transitioning into full-time self-employment. However, we show that considering a broad diversity of motives to stay in a paid job will reveal heterogeneity among hybrid entrepreneurs. Furthermore, since different motives tend to be associated with varying performance outcomes (Deci & Ryan, 2000), we demonstrate that heterogeneity among hybrid entrepreneurs relates to differences in performance and innovativeness. Method: We employed a start-up panel dataset (2013 – 2018) from the Leibniz Centre for European Economic Research to evaluate practically relevant combinations of motives derived from theory to empirically identify natural clusters among hybrid entrepreneurs by estimating a latent class logit model. Secondly, we use panel regression analyses to test whether these three classes compared to full-time entrepreneurs differ concerning their financial and innovative performance measured in profit, sales, and innovativeness as separate dependent variables. Hereby, we control for demographics, experience, and industry. Results and Implications: We were able to identify three dominant types among hybrid entrepreneurs: opportunists, transitioners, and networkers. Moreover, performance differences exist between these three classes as well as compared to full-time entrepreneurs. We observe that opportunists are associated with higher short-term profits than full-time entrepreneurs. At the same time, networkers and transitioners seem to engage in more innovative activities than opportunists and full-time entrepreneurs. We contribute to current research on potential mechanisms causing hybrid entrepreneurship, showing that hybrid entrepreneurs should not be considered a homogeneous group. Furthermore, we contribute to entrepreneurship literature by demonstrating that heterogeneity among hybrids exists when considering motives to remain in a paid job, which is associated with differences in performance and innovativeness. Y1 - 2022 SN - 978-0-910897-00-6 SP - S. 166 PB - Arthur M. Blank Center for Entrepreneurship CY - Babson Park, Massachusetts ER -