Skip to main content
Contribution to Book
Perpetually on the eve of destruction? Understanding exits in the capitalist societies at multiple levels of analysis
Research Handbook of Entrepreneurial Exit (2015)
  • Howard E Aldrich, Professor, University of North Carolina at Chapel Hill
Abstract
Entrepreneurial exit completes the full cycle of the entrepreneurial process, because every entrepreneurial entry carries the potential of becoming an exit. Indeed, the great majority of organizational entries make fairly rapid exits from the business population, offing leaving little trace of their existence. Simply put, we cannot have one without the other. Researchers often lose sight of this truism because of their focus on large, publicly traded companies, which have lower exit rates than mundane entrepreneurial startups. When we step back to reflect on the larger context for a partnership, however, we recognize how much we have yet to understand about the causes and consequences of exits
Keywords
  • Exit,
  • bankruptcy,
  • disbanding,
  • organizational death,
  • evolution,
  • history,
  • cohort,
  • population,
  • transformation
Publication Date
2015
Editor
Dawn R. TDeTienne and Karl Wennberg
Publisher
Edward Elgar
Citation Information
Howard E Aldrich. "Perpetually on the eve of destruction? Understanding exits in the capitalist societies at multiple levels of analysis" 1stCheltenham UKResearch Handbook of Entrepreneurial Exit (2015)
Available at: http://works.bepress.com/howard_aldrich/16/