TY - JOUR
T1 - Do emerging ecosystems and individual capitals matter in entrepreneurial re-entry’ quality and speed?
AU - Guerrero, Maribel
AU - Espinoza-Benavides, Jorge
N1 - Funding Information:
The authors would like to thank the editor and the anonymous reviewers for their insightful comments that contributed substantially to the development of the manuscript. We also appreciate the participants in our interviews. Authors also acknowledge the financial support received by the Regional Productive Committee- CORFO [16PAER-61898].
Publisher Copyright:
© 2021, The Author(s).
PY - 2021/9
Y1 - 2021/9
N2 - This study analyses the influence of environmental and individual conditions on the quality and the speed of entrepreneurial re-entries in emerging economies after a business failure. We propose a conceptual framework supported by the institutional economic theory to study the influence of environmental conditions; and human and social capital to study the influence of individuals’ skills, experiences, and relationships. A retrospective multiple case study analysis was designed to test our conceptual model by capturing longitudinal information on occurred events, trajectory, and determinants of twenty re-entrepreneurs. Our results show that the entrepreneurial experience and type of venture influence the accelerating effect of re-entrepreneurship, as well as how environmental conditions moderate the quality and speed of entrepreneurial re-entries. We provoke a discussion and implications for multiple actors involved in the re-entry of entrepreneurs after a business failure.
AB - This study analyses the influence of environmental and individual conditions on the quality and the speed of entrepreneurial re-entries in emerging economies after a business failure. We propose a conceptual framework supported by the institutional economic theory to study the influence of environmental conditions; and human and social capital to study the influence of individuals’ skills, experiences, and relationships. A retrospective multiple case study analysis was designed to test our conceptual model by capturing longitudinal information on occurred events, trajectory, and determinants of twenty re-entrepreneurs. Our results show that the entrepreneurial experience and type of venture influence the accelerating effect of re-entrepreneurship, as well as how environmental conditions moderate the quality and speed of entrepreneurial re-entries. We provoke a discussion and implications for multiple actors involved in the re-entry of entrepreneurs after a business failure.
KW - Emerging economies
KW - Entrepreneurial ecosystems
KW - Entrepreneurial re-entry
KW - Human capital
KW - Institutional economic theory
KW - Social capital
KW - Speed and quality
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U2 - 10.1007/s11365-020-00733-3
DO - 10.1007/s11365-020-00733-3
M3 - Article
AN - SCOPUS:85099993189
SN - 1554-7191
VL - 17
SP - 1131
EP - 1158
JO - International Entrepreneurship and Management Journal
JF - International Entrepreneurship and Management Journal
IS - 3
ER -