Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25611 
Year of Publication: 
2007
Series/Report no.: 
Jena Economic Research Papers No. 2007,044
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
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.
Subjects: 
Serial entrepreneurship
Occupational choice
Entrepreneurial opportunity
Human capital
Longitudinal data
JEL: 
J24
L26
M13
Document Type: 
Working Paper

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