ACADEMIC RESEARCH • 學術研究 49 2024 UMAGAZINE 30 • 澳大新語 More than half of start-ups worldwide fail, and up to 85 per cent of entrepreneurs return to wage employment. Meanwhile, organisations around the world are facing a growing talent shortfall, making it more important than ever to tap into previously neglected labour pools. Former entrepreneurs stand out as a valuable talent source, with their creativity and entrepreneurial skills potentially critical to maintaining organisations’ competitive advantages in today’s innovation-driven business environment. Entrepreneurial Experience and Turnover Intention Despite the potential value that former entrepreneurs bring to organisations, recruiters often overlook them, believing it is difficult to retain them in wage employment. In our recent research, we challenged the prevailing stereotype that recruiters hold against former entrepreneurs. We followed a temporal perspective and proposed that not all prior entrepreneurs are more likely to quit. Specifically, employees with recent entrepreneurial experience (i.e., their last job was running their own business) would be less likely to have entrepreneurial intentions and thus demonstrate lower turnover intentions and a reduced likelihood of quitting their wage jobs compared with employees without entrepreneurial experience. Moreover, the serial mediation effect would be stronger for men than women. To examine our hypotheses, we derived a sample of 12,606 wage job spells from the nationally representative Household, Income, and Labour Dynamics in Australia (HILDA) Survey dataset, spanning from 2001 to 2020. Our findings supported our hypotheses that the timing of prior entrepreneurial experience matters in predicting post-entrepreneurship employment intention to leave and actual turnover. Specifically, individuals with recent entrepreneurial experience were no more likely to develop subsequent entrepreneurial intentions and, consequently, quit their wage jobs than those without recent entrepreneurial experience. Moreover, we found important gender differences: men, but not women, with entrepreneurial experience in their most recent job spell tend to show lower levels of subsequent entrepreneurial intention and a lower likelihood of voluntary turnover compared to men without recent entrepreneurial experience. In addition, although 這些圖表顯示，近期有創業經歷的男性僱員，其創業意向顯著低於沒有創業經歷的男性。不過，如果他們曾有早期的創業經驗，卻會展現出更高的創業意向。女性 僱員之間則沒有這種顯著差異。 These graphs show that compared to male employees without entrepreneurial experience, male employees with recent entrepreneurial experience demonstrated lower entrepreneurial intention, but those with entrepreneurial experience from an earlier stage in their career demonstrated higher entrepreneurial intention. However, there were no such significant differences among women.
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