Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)

Abstract

The role of Entrepreneurs Experience Age and Education On Re-Entry after Business Failure A Path Analysis

Author(s): Vidayana, Burhanudin and Tatum S. Adiningrum

It has been widely recognized that business failure will greatly affects entrepreneur's livelihood. The negative impacts of business failure can be a great barrier for entrepreneurs to start all over again. However, starting another business after subsequent failure is very important for entrepreneurs. Therefore, the purpose of this study is to investigate variables that influence entrepreneur re-entry duration after business failure. Data from 226 novice entrepreneurs who had been failing in past were analysed using path analysis. The result shows that experience and age are the variable which have a direct impact on re-entry duration, while education have indirect relationship.

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