Arbeitspapier
Renascent Entrepreneurship - Entrepreneurial Preferences Subsequent to Firm Exit
Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship following termination of a previous firm. In contrast, research on nascent entrepreneurship has shown the positive effect of entrepreneurial experience on planning a new firm start. Based on the empirical evidence from a database consisting of ex-entrepreneurs, this study shows that renascent entrepreneurship is a pervasive phenomenon in current society. Especially entrepreneurial human and social capital induce renascent entrepreneurship. In addition, the nature of the firm exit also affects the probability of renascent entrepreneurship.
- Language
-
Englisch
- Bibliographic citation
-
Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 0606
- Classification
-
Wirtschaft
- Subject
-
entrepreneurial preferences
entrepreneurial skills
firm exit
renascent entrepreneurship
economics of entrepreneurship
Unternehmensgründung
Konkurs
Marktaustritt
Unternehmensentwicklung
Unternehmer
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Stam, Erik
Audretsch, David B.
Meijaard, Joris
- Event
-
Veröffentlichung
- (who)
-
Max Planck Institute of Economics
- (where)
-
Jena
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Stam, Erik
- Audretsch, David B.
- Meijaard, Joris
- Max Planck Institute of Economics
Time of origin
- 2006
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