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Gender gaps and reentry into entrepreneurial ecosystems after business failure

Abstract

Despite the significant role played by serial entrepreneurs in the entrepreneurial process, we know little about group differences in reentry decisions after business failure. Using an ecosystem framework and stigma theory, we investigate the variance in gender gaps related to the reentry decisions of 8171 entrepreneurs from 35 countries who experienced business failures. We find evidence of persisting gender gaps that vary across ecosystem framework conditions of public stigma of business failure and public fear of business failure. Our findings shed new light on ecosystem inefficiencies that arise from multiple interactions between entrepreneurs and institutions.

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Fig. 1

Notes

  1. www.gemconsortium.com

  2. www.doingbusiness.org/methodology

  3. ec.europa.eu/public_opinion/index_en.htm

  4. We reran our main effects Model 3 in Table 2 without ‘other reasons or undisclosed’ cases and obtained similar results.

  5. Austria, Belgium, Brazil, China, Croatia, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, India, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States

  6. See Appendix for sample and key variable statistics by country.

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Correspondence to Sharon A. Simmons.

Appendix

Appendix

Table 4 Sample and key variable statistics by country

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Simmons, S.A., Wiklund, J., Levie, J. et al. Gender gaps and reentry into entrepreneurial ecosystems after business failure. Small Bus Econ 53, 517–531 (2019). https://doi.org/10.1007/s11187-018-9998-3

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Keywords

  • Gender
  • Business failure
  • Stigma
  • Fear of failure
  • Entrepreneurship
  • Ecosystems

JEL classification

  • J16
  • L24
  • J26
  • M13