| ID:
295965.0,
MPI für Ökonomik / Evolutionary Economics Group |
| Renascent Entrepreneurship : Entrepreneurial Preferences Subsequent to Firm Exit |
| Authors: | Stam, Erik; Audretsch, David; Meijaard, Joris |
| Language: | English |
| Place of Publication: | Jena |
| Publisher: | Max-Planck-Institut für Ökonomik |
| Date of Publication (YYYY-MM-DD): | 2006 |
| Total Number of Pages: | 18 |
| Title of Series: | Papers on Entrepreneurship, Growth and Public Policy |
| Issue / Number: | 0606 |
| Corporate Body (Series Editor): | Max-Planck-Institut für Ökonomik |
| Copyright: | 2006 |
| Review Status: | Internal review |
| Audience: | Not Specified |
| Abstract / Description: | 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. |
| Free Keywords: | entrepreneurial preferences; entrepreneurial skills; firm exit; renascent entrepreneurship; economics of entrepreneurship |
| External Publication Status: | published |
| Document Type: | Paper |
| Affiliations: | MPI für Ökonomik/Abteilung Entrepreneurship, Growth and Public Policy
|
| Identifiers: | ISSN:1613-8333 |
| Full Text: |
| You have privileges to view the following file(s): |
| 2006-06[1].pdf [383,00 Kb] |
|
| |
|
Advanced
