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Re-entry Following Firm Failure: Nascent Technology Entrepreneurs’ Tactics for Avoiding and Overcoming Stigma

Grace Walsh ()
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Grace Walsh: University of Deusto

Chapter Chapter 5 in Technology-Based Nascent Entrepreneurship, 2017, pp 95-117 from Palgrave Macmillan

Abstract: Abstract Re-entry following exit is a pervasive phenomenon enabling entrepreneurs to put into practice lessons learned from their prior entrepreneurship experience. However, institutional forces shaped by cultural and societal norms contribute to the stigmatization of individuals who have experienced firm failure, as such hampering re-entry. This research explores how fifteen nascent technology entrepreneurs avoid or overcome stigma and go on to re-enter the entrepreneurial context. Three key approaches emerged from this study—detachmentDetachment (from the firm); acknowledgementAcknowledgement (of the failure); and deflection (of the stigma). As existing research on stigma is predominantly situated within the psychology and sociology literature, this study adds to the contemporary and growing body of research on the concept within the entrepreneurship context.

Keywords: Stigma; Re-entry; Firm failure; Entrepreneurship (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:paiecp:978-1-137-59594-2_5

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DOI: 10.1057/978-1-137-59594-2_5

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