Entrepreneurial exit and reentry: An exploratory study of Turkish entrepreneurs

KoÇak A., Morris M. H. , Buttar H. , Cifci S.

Journal of Developmental Entrepreneurship, vol.15, no.4, pp.439-459, 2010 (Refereed Journals of Other Institutions) identifier

  • Publication Type: Article / Article
  • Volume: 15 Issue: 4
  • Publication Date: 2010
  • Doi Number: 10.1142/s1084946710001658
  • Title of Journal : Journal of Developmental Entrepreneurship
  • Page Numbers: pp.439-459
  • Keywords: Entrepreneurial exit, human capital, reentry process, social capital


This study attempts to develop a better understanding in an emerging economy of the exit and reentry processes of entrepreneurs. Twelve case studies were conducted in Turkey with entrepreneurs who, following entrepreneurial exit, re-entered with new ventures. Human and social capital perspectives are used to gain insights into the reentry process. The study indicates that reasons for and modes of exit influence the entrepreneur's decisions surrounding reentry. Results further reveal that experiential and educational dimensions of human capital are instrumental in the reentry process. The study finds that structural and relational dimensions of social capital are cardinal factors that influence the reentry process. © 2010 World Scientific Publishing Company.