ReSTART: Developing entrepreneurial competencies for second chance entrepreneurs

Clementine Hegarty; Pádraig Gallagher; Isobel Cunningham; Simon Stephens

doi:10.4018/978-1-7998-2714-6.ch016

ReSTART: Developing entrepreneurial competencies for second chance entrepreneurs

Clementine Hegarty, Pádraig Gallagher, Isobel Cunningham, Simon Stephens

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Citation (Scopus)

Abstract

The primary aim of this chapter is to review the literature on entrepreneurial influences and competencies. We do this to develop an understanding of the needs of a specific sub-group of entrepreneurs: second chance entrepreneurs. Entrepreneurial learning theory suggests that the failure an entrepreneur experiences serves as a reservoir of knowledge which is important to future success. This chapter highlights the significance of experiential learning as entrepreneurs recover and re-emerge into new venture creation. Due to the high uncertainty of pursuing new opportunities and embarking on an entrepreneurial career involves risk, which can sometimes lead to failure. In this chapter we review the literature on entrepreneurial failure and provide recommendations for customizing entrepreneurial supports to maximize the success of (re)starting entrepreneurs.

Original language	English
Title of host publication	Developing Entrepreneurial Competencies for Start-Ups and Small Business
Publisher	IGI Global
Pages	253-270
Number of pages	18
ISBN (Electronic)	9781799827160
ISBN (Print)	1799827143, 9781799827146
DOIs	https://doi.org/10.4018/978-1-7998-2714-6.ch016
Publication status	Published - 27 Mar 2020

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10.4018/978-1-7998-2714-6.ch016

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AU - Cunningham, Isobel

AU - Stephens, Simon

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M3 - Chapter

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ER -

ReSTART: Developing entrepreneurial competencies for second chance entrepreneurs

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