Reconceptualizing entrepreneurial exit: Divergent exit routes and their drivers
Wennberg, K., Wiklund, J., DeTienne, D. R., & Cardon, M. S. (2010)
Journal of Business Venturing, 25(4), 361-375
Four exit routes (liquidation or sale, in distress or performing well), tested on two Swedish databases following 1,735 new ventures and founders for eight years. Human capital and failure-avoidance strategies differ substantially across routes. (Abstract source: EconPapers/RePEc.)
Sourcedoi:10.1016/j.jbusvent.2009.01.001563 citations (OpenAlex)