2120: Hybrid Entrepreneurship (14424)

Hybrid entrepreneurship, that is starting a new company while continuing in the current employment position has received increased attention during the last few years. Prior research suggests that risks and uncertainty associated with entrepreneurial activity induce individuals to enter self-employment through a hybrid pathway and that start-ups launched by hybrid entrepreneurs outperform other entrants in terms of survival as hybrid entrepreneurs can test the viability of their business ideas or learn about their capabilities and fit with the market. While scholarly interest in hybrid entrepreneurship has started to blossom during the last few years, several theoretical and empirical lacunae exist in the literature that need to be addressed. For example, little is known about how hybrid entrepreneurs allocate their time and attention between day work and start-up activity, how hybrid entrepreneurs circumvent barriers such as noncompete covenants, and how external parties such as investors and other resource holders evaluate start-ups launched by hybrid entrepreneurs. The objective of this symposium is to bring together scholars interested in this topic to identify avenues for future theoretical and empirical works that could help in a better understanding of the phenomenon of hybrid entrepreneurship.