Do emerging ecosystems and individual capitals matter in entrepreneurial re-entry’ quality and speed?
Journal
International Entrepreneurship and Management Journal
ISSN
1554-7191
1555-1938
Date Issued
2021
Author(s)
Jorge Espinoza-Benavides
Type
Resource Types::text::journal::journal article
URL Institutional Repository
Abstract
<jats:title>Abstract</jats:title><jats:p>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.</jats:p>
Subjects
human capital
;
social capital
;
institutional economic theory
;
entrepreneurial ecosystems
;
entrepreneurial re-entry
;
emerging economies
;
speed and quality