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  4. Does entrepreneurship ecosystem influence business re-entries after failure?
 
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Does entrepreneurship ecosystem influence business re-entries after failure?
Guerrero, Maribel
Dr. Espinoza-Benavides, Jorge 
Facultad de Ciencias Económicas y Administrativas 
10.1007/s11365-020-00694-7
Springer
2021
Previous studies have found a close relationship between exit/failure decisions and entrepreneurial/organisational characteristics. In the same line, entrepreneurship literature has recognised that the context matters in any entrepreneurial process, including “exit,” “failure” or “re-entry.” This manuscript proposes a conceptual framework to identify the elements of the entrepreneurial ecosystem that foster or impede the re-entry into entrepreneurship after a business failure. By reviewing the accumulation of knowledge, we identified the individual, the organisational, and the contextual conditions that influence the trajectory of an individual who decides to re-enter after a business failure. This manuscript provides a better understanding of the critical role of agents involved in the entrepreneurial ecosystem. A provocative discussion and implications emerge for this study in order to reduce individual barriers and unfavourable social norms towards business failure.
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Human capital
Social capital
Institutional theory
Entrepreneurial ecosystems
Re-entrepreneurship
Business failure
Economía y negocios
Historial de mejoras
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