Renascent entrepreneurship
Erik Stam,
David Audretsch and
Joris Meijaard
Additional contact information
David Audretsch: Max Planck Institute of Economics - Entrepreneurship, Growth and Public Policy Group
Joris Meijaard: EIM Business & Policy Research
A chapter in Schumpeterian Perspectives on Innovation, Competition and Growth, 2009, pp 223-237 from Springer
Abstract:
Abstract Why should individuals who have exited their firm consider re-entering into entrepreneurship, i.e. becomerenascent entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship following firm failure. In contrast, research on nascent entrepreneurship has shown the positive effect of entrepreneurial experience on planning a new firm start. Based on empirical evidence from a database consisting of ex-entrepreneurs, this study shows that renascent entrepreneurship is a pervasive phenomenon. Next to passive learning, active learning plays an important role in the explanation of entrepreneurial preferences subsequent to firm exit. This study provides new insights into the role of prior knowledge and firm exit in the entrepreneurial process.
Keywords: Renascent entrepreneurs; Nascent entrepreneurs; Firm exit; Entrepreneurial experience (search for similar items in EconPapers)
JEL-codes: J24 L26 M13 (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
Journal Article: Renascent entrepreneurship (2008) 
Working Paper: Renascent Entrepreneurship (2006) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-93777-7_13
Ordering information: This item can be ordered from
http://www.springer.com/9783540937777
DOI: 10.1007/978-3-540-93777-7_13
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().