Does entrepreneurship ecosystem influence business re-entries after failure?
Date
2020
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Article
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17 p.
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Abstract
Previous studies have found a close relationship between exit/failure decisions and
entrepreneurial/organisational characteristics. In the same line, entrepreneurship literature
has recognised that the context matters in any entrepreneurial process, including “exit,”
“failure” or “re-entry.” This manuscript proposes a conceptual framework to identify the
elements of the entrepreneurial ecosystem that foster or impede the re-entry into entrepreneurship after a business failure. By reviewing the accumulation of knowledge, we identified
the individual, the organisational, and the contextual conditions that influence the trajectory of an individual who decides to re-enter after a business failure. This manuscript provides a better understanding of the critical role of agents involved in the entrepreneurial ecosystem.
A provocative discussion and implications emerge for this study in order to reduce
individual barriers and unfavourable social norms towards business failure.
Description
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Citation
International Entrepreneurship and Management Journal volume 17, pages211–227 (2021)
Keywords
Human capital, Social capital, Institutional theory, Entrepreneurial ecosystems, Re-entrepreneurship, Business failure