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Unravelling the Conceptual Framework and Dimensions of Lifestyle Entrepreneurs

Klug, Antonia LU and Baumeister, Angela LU (2023) ENTN19 20231
Department of Business Administration
Abstract
This paper addresses the currently existing research gap regarding the lack of a clear definition and categorisation of lifestyle entrepreneurs. The primary objective is to examine the different core dimensions of lifestyle entrepreneurs and develop a comprehensive concept on their basis.
This study adopted an abductive approach to explore the understanding of lifestyle entrepreneurs. By utilising qualitative research methods, including ideal type analysis and thematic analysis, data from 15 lifestyle entrepreneurs were examined to uncover their core dimensions, motivations, and characteristics. The gathered empirical data was analysed with the help of predefined working definitions as well as a cross case comparison of participants'... (More)
This paper addresses the currently existing research gap regarding the lack of a clear definition and categorisation of lifestyle entrepreneurs. The primary objective is to examine the different core dimensions of lifestyle entrepreneurs and develop a comprehensive concept on their basis.
This study adopted an abductive approach to explore the understanding of lifestyle entrepreneurs. By utilising qualitative research methods, including ideal type analysis and thematic analysis, data from 15 lifestyle entrepreneurs were examined to uncover their core dimensions, motivations, and characteristics. The gathered empirical data was analysed with the help of predefined working definitions as well as a cross case comparison of participants' similarities and differences in order to define this type of entrepreneur more precisely, and to ultimately group them into different types of lifestyle entrepreneurs. As a result, a very clear and precise definition of lifestyle entrepreneurs and their different motivations and characteristics could be established, which evidently distinguishes this type of entrepreneur from others. Furthermore, lifestyle entrepreneurs were grouped into three different main categories: hobbypreneurs, impactpreneurs, and expertpreneurs, and four supporting motivations were established. An important additional finding was the fact that one entrepreneur can have multiple businesses with different motivations for each.
It was evident that the current definitions of lifestyle entrepreneurs as well as their subcategories were insufficient to provide a clear overview of this topic. Therefore, in order to gain a full understanding of an entrepreneur, a holistic assessment of the individual and its company is necessary. This research lays the foundation for a more precise definition and deeper understanding of lifestyle entrepreneurs and their different types. (Less)
Please use this url to cite or link to this publication:
author
Klug, Antonia LU and Baumeister, Angela LU
supervisor
organization
course
ENTN19 20231
year
type
H1 - Master's Degree (One Year)
subject
keywords
Lifestyle Entrepreneurs, Typology, Classification of Entrepreneurs, Hobbypreneur, Impactpreneur, Expertpreneur
language
English
id
9126571
date added to LUP
2023-06-19 10:32:54
date last changed
2023-06-19 10:32:54
@misc{9126571,
  abstract     = {{This paper addresses the currently existing research gap regarding the lack of a clear definition and categorisation of lifestyle entrepreneurs. The primary objective is to examine the different core dimensions of lifestyle entrepreneurs and develop a comprehensive concept on their basis.
This study adopted an abductive approach to explore the understanding of lifestyle entrepreneurs. By utilising qualitative research methods, including ideal type analysis and thematic analysis, data from 15 lifestyle entrepreneurs were examined to uncover their core dimensions, motivations, and characteristics. The gathered empirical data was analysed with the help of predefined working definitions as well as a cross case comparison of participants' similarities and differences in order to define this type of entrepreneur more precisely, and to ultimately group them into different types of lifestyle entrepreneurs. As a result, a very clear and precise definition of lifestyle entrepreneurs and their different motivations and characteristics could be established, which evidently distinguishes this type of entrepreneur from others. Furthermore, lifestyle entrepreneurs were grouped into three different main categories: hobbypreneurs, impactpreneurs, and expertpreneurs, and four supporting motivations were established. An important additional finding was the fact that one entrepreneur can have multiple businesses with different motivations for each.
It was evident that the current definitions of lifestyle entrepreneurs as well as their subcategories were insufficient to provide a clear overview of this topic. Therefore, in order to gain a full understanding of an entrepreneur, a holistic assessment of the individual and its company is necessary. This research lays the foundation for a more precise definition and deeper understanding of lifestyle entrepreneurs and their different types.}},
  author       = {{Klug, Antonia and Baumeister, Angela}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Unravelling the Conceptual Framework and Dimensions of Lifestyle Entrepreneurs}},
  year         = {{2023}},
}