Guerrero, MaribelEspinoza-Benavides, Jorge2021-07-142021-07-142020International Entrepreneurship and Management Journal volume 17, pages211–227 (2021)https://doi.org/10.1007/s11365-020-00694-7http://hdl.handle.net/11447/4179Previous 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.17 p.enHuman capitalSocial capitalInstitutional theoryEntrepreneurial ecosystemsRe-entrepreneurshipBusiness failureArticle