How does a subsequent entrepreneurship career choice develop? A set-theoretic analysis testing hope theory

This research explores the complex mechanism leading to a subsequent entrepreneurship career choice (SECC), whether perceived as a failure or not. It mobilizes the theory of hope (via the role of optimism and grit) and the components of the theory of planned behavior (attitude, subjective norms, and self-efficacy). The study involved 48 previous entrepreneurs not currently in the reentry process. A fuzzy-set qualitative comparative analysis was used. Results reveal that the entrepreneurial attitude forged through first-hand experience is the most critical element in understanding an SECC. Optimism can substitute for this attitude, and grit plays a lesser role, as do the other variables. This study underscores the central role of attitude and optimism in explaining entrepreneurial career persistence, transitioning from a novice to a serial entrepreneur, with grit playing a somewhat secondary role. Configurational approaches prove essential to understanding entrepreneurial intention, notably for an SECC.