caa a22 4500 445854294 CHVBK 20180317145423.0 cr unu---uuuuu 170323e20110801xx s 000 0 eng 10.1007/s00191-010-0190-4 doi (NATIONALLICENCE)springer-10.1007/s00191-010-0190-4 Entrepreneurial exit and entrepreneurial engagement [Elektronische Daten] [Jolanda Hessels, Isabel Grilo, Roy Thurik, Peter van der Zwan] This paper investigates whether and how a recent entrepreneurial exit relates to subsequent engagement. We discriminate between six levels of engagement including none, potential, intentional, nascent, young and established entrepreneurship. We use individual-level data for 24 countries that participated in the Global Entrepreneurship Monitor during 2004, 2005 and 2006 (some 350,000 observations). Our findings indeed show that a recent exit decreases the probability of undertaking no entrepreneurial activity, whereas it substantially increases the probabilities of being involved in all other engagement levels. Investigating the conditions under which an exit increases engagement in entrepreneurial activities, we find that the probability of entrepreneurial engagement after exit is higher for males, for persons who know an entrepreneur and for persons with a low fear of failure. Educational attainment does not seem to be relevant. Moreover, there exists large cross-country variation in the probability of entrepreneurial engagement after exit. The Author(s), 2010 Entrepreneurial process nationallicence Exit nationallicence Hessels Jolanda EIM Business and Policy Research, P.O. Box 7001, 2701 AA, Zoetermeer, The Netherlands aut Grilo Isabel DG Economic and Financial Affairs, European Commission, Brussels, Belgium aut Thurik Roy EIM Business and Policy Research, P.O. Box 7001, 2701 AA, Zoetermeer, The Netherlands aut van der Zwan Peter Centre for Advanced Small Business Economics, Erasmus School of Economics, Erasmus University Rotterdam, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands aut Journal of Evolutionary Economics Springer-Verlag 21/3(2011-08-01), 447-471 0936-9937 21:3<447 2011 21 191 https://doi.org/10.1007/s00191-010-0190-4 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00191-010-0190-4 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Hessels Jolanda EIM Business and Policy Research, P.O. Box 7001, 2701 AA, Zoetermeer, The Netherlands aut NATIONALLICENCE 700 1- Grilo Isabel DG Economic and Financial Affairs, European Commission, Brussels, Belgium aut NATIONALLICENCE 700 1- Thurik Roy EIM Business and Policy Research, P.O. Box 7001, 2701 AA, Zoetermeer, The Netherlands aut NATIONALLICENCE 700 1- van der Zwan Peter Centre for Advanced Small Business Economics, Erasmus School of Economics, Erasmus University Rotterdam, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands aut NATIONALLICENCE 773 0- Journal of Evolutionary Economics Springer-Verlag 21/3(2011-08-01), 447-471 0936-9937 21:3<447 2011 21 191 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer