Entrepreneurial re-starters in Japan

Tatsuyoshi Masuda

International Journal of Entrepreneurship and Small Business, 2010, vol. 11, issue 2, 145-164

Abstract: We examine the determinants of economic performance for re-starters in Japan. Empirical results show that re-starters who recognise the 'stigma of failure' in business society and who 'utilise their business failure experiences for the personnel training and the employment of a talented person' have good performance. The timing and method of closing prior business is an important factor for the success of re-starters. Re-starters should have a long-term business management perspective at the time of re-startup. However, aged people who have not accumulated any related business experience should not be re-starters.

Keywords: entrepreneurial re-starters; stigmas; business failures; ability; older people; Japan; age; determinants; economic performance; personnel training; employment; talent; closures; prior businesses; success; long-term perspectives; business management; experience; small and medium-sized enterprises; SMEs; entrepreneurship; entrepreneurs. (search for similar items in EconPapers)
Date: 2010
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