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Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent … entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship … following termination of a previous firm. In contrast, research on nascent entrepreneurship has shown the positive effect of …
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Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
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