Your 214 uses conventional "Kettering" ignition... breaker points and an automotive-style coil powered by battery voltage through the ignition switch.
The stator under the flywheel has NOTHING to do with the ignition system except to keep the battery charged once the engine starts.
Check to see that power is getting to the (+) terminal on the coil with the ignition switch on (sometimes the switch or the terminal connections there fail or get corroded).
If there's power to the coil, the most likely problem is the breaker points. Be aware the point gap sets the spark timing. Timing procedure is detailed in the service manual.
There's magneto and electronic ignition info in the manual, ignore those, because that info does NOT apply to the system you have.http://www.kohlerengines.com/onlinecatalog/pdf/tp_2379.pdf
Here's a tutorial on how ignition systems work:http://www.cleancomputes.com/Cub/Blue%20Ribbon%20Service%20Manuals/FOS-20%20Chapter%206-Ignition%20Circuits/index.html