Fail But Try Again? The Effects of Age, Gender, and Multiple‐Owner Experience on Failed Entrepreneurs' Reentry

33 Pages Posted: 5 Nov 2017

See all articles by Massimo Baù

Massimo Baù

Jonkoping University

Kimberly A. Eddleston

Northeastern University - Entrepreneurship and Innovation

Philipp Sieger

University of Bern

Francesco Chirico

Macquarie University, Macquarie Business School; Jonkoping University - Jonkoping International Business School (JIBS)

Date Written: November 2017

Abstract

We investigate what leads failed entrepreneurs to reenter entrepreneurship by taking a developmental career perspective. Specifically, we hypothesize that the age of failed entrepreneurs has a nonlinear relationship with the likelihood of reentering entrepreneurship that follows different career stages (early, middle, and late). The gender of failed entrepreneurs and multiple‐owner experience in the failed firm are hypothesized to be moderators of this relationship. We test our hypotheses using a database consisting of the Swedish population, including 4,761 entrepreneurs who failed between 2000 and 2004. Analyzing their career paths over the years following their failure offers support for our theoretical expectations.

Suggested Citation

Baù, Massimo and Eddleston, Kimberly and Sieger, Philipp and Chirico, Francesco, Fail But Try Again? The Effects of Age, Gender, and Multiple‐Owner Experience on Failed Entrepreneurs' Reentry (November 2017). Entrepreneurship Theory and Practice, Vol. 41, Issue 6, pp. 909-941, 2017, Available at SSRN: https://ssrn.com/abstract=3064326 or http://dx.doi.org/10.1111/etap.12233

Massimo Baù (Contact Author)

Jonkoping University ( email )

SE-551 11 Jonkoping
Sweden

Kimberly Eddleston

Northeastern University - Entrepreneurship and Innovation ( email )

Boston, MA 02115
United States

Philipp Sieger

University of Bern ( email )

Gesellschaftsstrasse 49
Bern, BERN 3001
Switzerland

Francesco Chirico

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

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