Entrepreneurial re-starters in Japan
by Tatsuyoshi Masuda
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 11, No. 2, 2010

Abstract: We examine the determinants of economic performance for re-starters in Japan. Empirical results show that re-starters who recognise the 'stigma of failure' in business society and who 'utilise their business failure experiences for the personnel training and the employment of a talented person' have good performance. The timing and method of closing prior business is an important factor for the success of re-starters. Re-starters should have a long-term business management perspective at the time of re-startup. However, aged people who have not accumulated any related business experience should not be re-starters.

Online publication date: Tue, 31-Aug-2010

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