Entrepreneurship through Acquisition in Switzerland - Motivators and barriers to buying a Swiss SME
Switzerland is experiencing a crisis because a significant portion of its small and medium-sized enterprises (SMEs) lacks succession planning. Although entrepreneurship is prominent in the country, most of it focuses on launching new ventures rather than acquiring existing firms. This thesis examines key motivators and barriers that shape the intention of potential entrepreneurs to pursue entrepreneurship through acquisition (ETA), which could contribute to addressing the succession crisis.
Straumann, Ruben, 2025
Type of Thesis Master Thesis
Client
Supervisor Eisenbart, Barbara
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Following the design science research methodology (DSRM), this thesis builds on two frameworks of entrepreneurial intention that have been proven applicability to ETA. By combining Ajzen’s theory of planned behaviour with Schein’s career anchor theory, a theoretical model was developed that guides an empirical study. More specific dimensions and requirements were gathered through qualitative interviews, which were then integrated into a potential solution. The goal of the solution is to increase ETA adoption, and its effectiveness was evaluated in an empirical study.
Findings indicate that immutable attributes, such as career orientation or work experience, have a significant impact on ETA intent. At the same time, situational factors, such as perceived risk or control, significantly define how attractive ETA is to potential entrepreneurs. Furthermore, this study has proven that these mutable attributes can be influenced solely by raising awareness and providing information to potential entrepreneurs. Moreover, ETA is perceived as less risky and challenging than starting a new venture but as equally fulfilling as remaining employed. The study concludes that increasing awareness and reducing perceived risk through tailored communication can improve ETA adoption among the Swiss population.
Studyprogram: Business Information Systems (Master)
Keywords
Confidentiality: öffentlich