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Accounting for the transitions after entrepreneurial business failure: An emerging market perspective

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  • Amankwah-Amoah, Joseph
  • Hinson, Robert E.
  • Honyenuga, Ben
  • Lu, Yingfa

Abstract

This study builds on prior scholarly works on institutions and entrepreneurship by examining the process of transitions and institutional obstacles that force serial entrepreneurs’ shift to operate in the formal or informal sector after entrepreneurial business failures. Using insights from 32 serial entrepreneurs in Ghana, a framework was developed and utilized to explicate how the pull and push motivations for the transition into or persisting with formality or informality after business failure unfolds over time. Our analysis sheds light on the processes and effects of the motivations on the persistently high level of entrepreneurial activities in the informal sector for many emerging economies.

Suggested Citation

  • Amankwah-Amoah, Joseph & Hinson, Robert E. & Honyenuga, Ben & Lu, Yingfa, 2019. "Accounting for the transitions after entrepreneurial business failure: An emerging market perspective," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 148-158.
    • Handle: RePEc:eee:streco:v:50:y:2019:i:c:p:148-158
    DOI: 10.1016/j.strueco.2019.06.011
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    Cited by:

    1. Sebastián Uriarte & Jorge Espinoza-Benavides & Domingo Ribeiro-Soriano, 2023. "Engagement in entrepreneurship after business failure. Do formal institutions and culture matter?," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 941-973, June.
    2. Nizar Mtibaa & Sami Boudabbous, 2023. "The Realities of Learning through Failure in Entrepreneurship: Results of Qualitative Research," International Review of Management and Marketing, Econjournals, vol. 13(2), pages 19-27, March.
    3. Zakia Jabeen & Jabir Ali & Nadia Yusuf, 2021. "Difference in business obstacles faced by firms across sizes: evidence from enterprise survey data of India," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 71-81, December.

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