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Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants

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Author Info

  • A. Miguel Amaral

    (IN+, Instituto Superior Tecnico, Technical University of Lisbon)

  • Rui Baptista

    ()
    (IN+, Instituto Superior Tecnico, Technical University of Lisbon; Max Planck Institute of Economics)

Abstract

This study is the first to examine the decision to re-enter business ownership by entrepreneurs who have exited their first business using a longitudinal matched employer-employee database. This kind of data allow us to distinguish between those serial entrepreneurs who re-enter business ownership immediately upon exiting their first business (direct serial), and those who do so after an interlude in paid employment, or non-employment (latent serial). Results highlight the importance of human capital in triggering serial entrepreneurship, but the kinds of experiences driving direct and latent serial entrepreneurs are different.

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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-044.

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Date of creation: 31 Jul 2007
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Handle: RePEc:jrp:jrpwrp:2007-044

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Related research

Keywords: Serial entrepreneurship; Occupational choice; Entrepreneurial opportunity; Human capital; Longitudinal data.;

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Cited by:
  1. Rui Baptista & Murat Karaoez & Joana Mendonca, 2007. "Entrepreneurial Backgrounds, Human Capital and Start-up Success," Jena Economic Research Papers 2007-045, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.

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