ENTREPRENEURIAL EXIT AND REENTRY: AN EXPLORATORY STUDY OF TURKISH ENTREPRENEURS

Akin Koçak, Michael H. Morris (), Haroon Muzaffer Buttar and Sertaç Cifci
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Akin Koçak: Department of Marketing, Faculty of Political Science, Cemal Gürsel Cad 06590-Cebeci, Ankara University, Ankara, Turkey
Michael H. Morris: School of Entrepreneurship, Oklahoma State University, Stillwater, OK 74078, USA
Haroon Muzaffer Buttar: Faculty of Political Science, Ankara University, Ankara, Turkey
Sertaç Cifci: Faculty of Political Science, Ankara University, Ankara, Turkey

Journal of Developmental Entrepreneurship (JDE), 2010, vol. 15, issue 04, 439-459

Abstract: This study attempts to develop a better understanding in an emerging economy of the exit and reentry processes of entrepreneurs. Twelve case studies were conducted in Turkey with entrepreneurs who, following entrepreneurial exit, re-entered with new ventures. Human and social capital perspectives are used to gain insights into the reentry process. The study indicates that reasons for and modes of exit influence the entrepreneur's decisions surrounding reentry. Results further reveal that experiential and educational dimensions of human capital are instrumental in the reentry process. The study finds that structural and relational dimensions of social capital are cardinal factors that influence the reentry process.

Keywords: Entrepreneurial exit; reentry process; human capital; social capital (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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DOI: 10.1142/S1084946710001658

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