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Hybrid Entrepreneurship Navigating Career Transitions: Career Shifts and Their Impact on Economic Growth
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Author(s): R. Ramya (Saraswathi Institute of Medical Sciences, India), V. Kiruthiga (SRM Institute of Science and Technology, India), R. Vettriselvan (Academy of Maritime Education and Training, India), V. Gayathri (DMI St. Eugene University, Zambia)and Palanivel Rathinasabapathi Rathinasabapathi Velmurugan (Berlin School of Business and Innovation, Germany)
Copyright: 2025
Pages: 28
Source title:
Applications of Career Transitions and Entrepreneurship
Source Author(s)/Editor(s): Muhammad Nawaz Tunio (The University of Sufism and Modern Sciences, Bhitshah, Pakistan)
DOI: 10.4018/979-8-3693-4163-6.ch010
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Abstract
This chapter examines the shift from traditional employment to entrepreneurship, focusing on hybrid entrepreneurs who balance conventional careers while launching their own ventures. It explores the motivations, challenges, and opportunities of this transition, emphasizing the critical skills and education required for success. Through real-world examples and case studies, the chapter highlights how entrepreneurial ventures drive organizational innovation, create new business models, and contribute to job creation and economic growth. It also discusses the broader economic impacts, suggesting how educational institutions and policymakers can support these transitions by aligning career development programs with modern economic needs. The chapter concludes with practical recommendations for fostering innovation, entrepreneurship, and sustainable economic development, offering valuable insights for aspiring entrepreneurs, educators, and policymakers.
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