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Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants

Author

Listed:
  • 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.

Suggested Citation

  • A. Miguel Amaral & Rui Baptista, 2007. "Serial Entrepreneurship: Differentiating Direct from Latent Re-entrants," Jena Economics Research Papers 2007-044, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2007-044
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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2007/wp_2007_044.pdf
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    Citations

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    Cited by:

    1. Akin Koçak & Michael H. Morris & Haroon Muzaffer Buttar & Sertaç Cifci, 2010. "Entrepreneurial Exit And Reentry: An Exploratory Study Of Turkish Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 15(04), pages 439-459.
    2. Rui Baptista & Murat Karaoez & Joana Mendonca, 2007. "Entrepreneurial Backgrounds, Human Capital and Start-up Success," Jena Economics Research Papers 2007-045, Friedrich-Schiller-University Jena.

    More about this item

    Keywords

    Serial entrepreneurship; Occupational choice; Entrepreneurial opportunity; Human capital; Longitudinal data.;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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