Authors : Le Quan and Ta Huy Hung
Abstract: Becoming an entrepreneur or working as a regular employee is a difficult decision-making that a number of people are dealing with in their career. Entrepreneurs have huge contribution to the economic growth. However, because of the high competition and the high rate of failure businesses, the failed entrepreneurs often cope with enormous difficulties, even painful experiences. This study has been conducted to identify the life of the entrepreneurs who have failure experiences from the bankruptcy time to the recovery time. The quantitative method issued to find out the relationship between the entrepreneurial failure social cost, entrepreneurial social capitals, entrepreneurial failure learning and entrepreneurial restart intention. This research discovers the important role of entrepreneurial learning infailed entrepreneurs based on the MOA framework. Moreover, the failed entrepreneurs can use the social capital as a valuable source for learning some useful lessons to have their restart intention. This research also fulfills the gap in the life of failed entrepreneurs and provides evidences to scholars who are developing literature review of entrepreneurship by using motivation-opportunity-ability perspectives.
Le Quan and Ta Huy Hung, 2016. The Relationship Between Social Costs, Social Capital and Failure Learning on the Entrepreneurial Restart Intention. International Business Management, 10: 561-571.