Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants

A. Miguel Amaral and Rui Baptista ()
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A. Miguel Amaral: IN+, Instituto Superior Tecnico, Technical University of Lisbon

No 2007-044, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: This study is the first to examine the decision to re-enter business ownership by entrepreneurs who have exited their first business using a longitudinal matched employer-employee database. This kind of data allow us to distinguish between those serial entrepreneurs who re-enter business ownership immediately upon exiting their first business (direct serial), and those who do so after an interlude in paid employment, or non-employment (latent serial). Results highlight the importance of human capital in triggering serial entrepreneurship, but the kinds of experiences driving direct and latent serial entrepreneurs are different.

Keywords: Serial entrepreneurship, Occupational choice, Entrepreneurial opportunity; Human capital, Longitudinal data. (search for similar items in EconPapers)
JEL-codes: J24 L26 M13 (search for similar items in EconPapers)
Date: 2007-07-31
New Economics Papers: this item is included in nep-bec and nep-ent
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2007-044

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