Journal articles on the topic 'Entrepreneurial failure and resilience'
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Conduah, Andrew Kweku, and Mary Naana Essiaw (PhD). "Resilience and entrepreneurship: a systematic review." F1000Research 11 (March 23, 2022): 348. http://dx.doi.org/10.12688/f1000research.75473.1.
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Background: The concept of resilience runs through an array of disciplines, consisting of engineering, public health, ecology, psychology, sociology, disaster management, and business administration. Researchers have tries to explain the relationship amongst connected ideas such as resiliency, adaptability, transformability, and vulnerability but their varied definitions and differences between them remain fuzzy. There are two reasons why resilience theory is important in entrepreneurship. Firstly, researchers generally employ the term resilience to mean consciousness, determination, perseverance, or self-value to justify why some entrepreneurs and their firms achieve better results than their non-resilient counterparts. Secondly, there are cognitive and behavioral entrepreneurial traits that strengthen a firm’s capability to adapt to varying conditions. The aim of this study is to review the literature that intercepts resilience and entrepreneurship. The study will attempt to identify scholarly conversations to construct notions of resilience and entrepreneurship. Therefore, limitations in the current literature will be examined and directions for future studies would be highlighted. Methods: This paper adopted a systematic interdisciplinary review of relevant studies that is patterned using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA). Results: The scholarly works selected from the literature portrayed six emerging colloquies or research tributaries that intercept entrepreneurship and resilience: Resilience as a function of entrepreneurial individuals or firms,Resilience generating entrepreneurial intentions,Entrepreneurial behavior boosting organizational resilience and,Resilience in the framework of entrepreneurial failure,Entrepreneurship and culture,Resilience as a process of recovery and transformation. Conclusions: This study serves as a backdrop for the emergence of more nuanced debates on the relationship that exists between different streams of conversations on resilience. In addition, this paper shows how entrepreneurs contribute towards promoting a constructively sustainable means for socio-economic development.
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Shafie, Dalili Izni, and Salmi Mohd Isa. "EXAMINING ENTREPRENEURIAL SELF-EFFICACY AND BASIC PSYCHOLOGICAL NEEDS SATISFACTION ON ENTREPRENEURIAL RESILIENCE AMONG ENTREPRENEURS." International Journal of Education, Psychology and Counseling 7, no. 47 (September 1, 2022): 130–36. http://dx.doi.org/10.35631/ijepc.747012.
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The development of resilience in entrepreneurs is seen as a possible response to the highly competitive and unpredictable environments in which they work. Entrepreneurs are frequently overwhelmed with unforeseen circumstances such as financial crises, technological innovations, or new competitors in the field which could potentially threaten their venture survival and success, particularly for small and medium-sized enterprises. Thus, the problem of the failure of the small and medium-sized enterprise was also the front burner among entrepreneurs. Even so, researchers have several explanations on why the rate of failure of small and medium-sized businesses is high but have not been able to provide solutions to avoid it. Thus, the emergence of resilience in entrepreneurs is seen as a possible response to the highly competitive and unpredictable environments in which they work. By being resilient in the face of adversity and having the ability to start again is critical to venture continuation and success. Thus, this study tries to find out whether resilience can help to reduce this scourge to a large extent as this study is focused on the individual entrepreneur rather than the entrepreneurial process. However, entrepreneurial resilience research is still at an early stage even though academic interest in the concept of resilience has gradually increased in recent years but yet it still largely remains unclear, what entrepreneurial resilience means and which factors help to enhance this individual capacity. To help to fill this research gap, this study aims to examine the relationship between entrepreneurial self-efficacy, and basic psychological needs satisfaction on entrepreneurial resilience which capitalizes small and medium-sized enterprise entrepreneurs as the study setting. Social Cognitive theory and Self-determination theory as underpinning theory to support the established framework. The present study takes into consideration the entrepreneurial self-efficacy as an independent variable. The basic psychological needs satisfaction is considered the mediating variable whereas entrepreneurial resilience is the dependent variable.
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Borbolla-Albores, Alberto, and Pavel Reyes-Mercado. "ENTREPRENEURIAL FAILURE AND RESILIENCE: A CONTINUOUS INTERPLAY BETWEEN RIGIDITY AND FLEXIBILITY." Jurnal Manajemen dan Kewirausahaan 24, no. 1 (March 3, 2022): 1–14. http://dx.doi.org/10.9744/jmk.24.1.1-14.
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Resilience studies are increasingly relevant to understand business processes. This study aimed to explore how entrepreneurs in Mexico recovered from situations of business failure. Which key factors did move entrepreneurs to move forward with their ventures rather than desisting after a failure event? Through a qualitative study that utilized focus groups with entrepreneurs that had faced entrepreneurial failure, discourses, and representations around the failure experience were analyzed. Findings suggested that entrepreneurs lied in a continuum between resilience and resistance, depending on their access assets such as entrepreneurial networks, ecosystems, and pool of knowledge as antecedents of resistance and resilience. The study shed light in the understanding of the role communities surrounding entrepreneurs played in their trajectory, failure, and eventual recovery.
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Korber, Stefan, and Rod B. McNaughton. "Resilience and entrepreneurship: a systematic literature review." International Journal of Entrepreneurial Behavior & Research 24, no. 7 (November 9, 2018): 1129–54. http://dx.doi.org/10.1108/ijebr-10-2016-0356.
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PurposeThe purpose of this paper is to review existing literature at the intersection of resilience and entrepreneurship. It identifies six scholarly conversations, each of which draws on distinct notions of resilience and entrepreneurship. Based on those conversations, shortcomings in the existing literature are discussed and avenues for future research are outlined.Design/methodology/approachA systematic multi-disciplinary review of 144 papers that are categorized into six scholarly conversations to build the foundation for a critical discussion of each line of inquiry.FindingsThis paper identifies six conversations or research streams at the intersection of entrepreneurship and resilience: resilience as traits or characteristics of entrepreneurial firms or individuals, resilience as a trigger for entrepreneurial intentions, entrepreneurial behavior as enhancing organizational resilience, entrepreneurial firms fostering macro-level (regions, communities, economies) resilience, resilience in the context of entrepreneurial failure, and resilience as a process of recovery and transformation. The review revealed these publications imprecisely define constructs and use a limited amount of the extant scholarship on both entrepreneurship and resilience. Future research should take a more holistic approach to explore entrepreneurship and resilience from a multi-level and longitudinal perspective, especially in the context of socio-ecological sustainability.Originality/valueThis paper incorporates insights on resilience and entrepreneurship across academic disciplines to show how future contributions could benefit by incorporating research from other fields. In doing so, it provides a starting point for more nuanced discussions around the interrelationships between the different conversations and the role entrepreneurs can play in promoting a positive, long-term trajectory for a socio-ecological system.
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Jing, Tang, Luo Dancheng, and Zhao Ye. "Study of Impact on Undergraduates’ Entrepreneurial Failure based on the Model of Psychological Resilience-Knowledge Acquisition." English Language Teaching 9, no. 8 (July 5, 2016): 224. http://dx.doi.org/10.5539/elt.v9n8p224.
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<p>Purpose-The entrepreneurship is a course of gaining knowledge from the failure and stimulating positive energy constantly. The entrepreneur’s psychological resilience is the key to gain knowledge (positive energy) from failure (negative energy). The education of undergraduate entrepreneurship is one of the priorities these days. Educators shall transform from “success education” to “failure education”, and combine entrepreneurial failure education with positive resilience cultivation. Through the approach of field interview, this thesis examines the impact of student entrepreneurs’ resilience after failure on knowledge acquisition and subsequent success. As a result, a learning model of student entrepreneur after business failure is discovered, which offers a practical point of reference for undergraduates’ entrepreneurship education today.</p>
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Emueje, Ibini, Henry Odigwe Olannye, and A. P. Olanye. "Entrepreneurial Resilience and Performance of an Organization: A Survey of Small and Medium Enterprises in Asaba, Delta State, Nigeria." Webology 17, no. 2 (December 21, 2020): 445–61. http://dx.doi.org/10.14704/web/v17i2/web17044.
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Resilience is a vibrant process of adaptation which enables entrepreneurs to constantly direct a futuristic aspiration despite the volatile conditions of a market. The study examined entrepreneurial resilience on the performance of small and medium enterprises organization in Asaba, Delta State. The cross-sectional research survey research design method was employed. The study adopted the stratified random sampling technique. The sample size used was limited to 201 respondents. A structured questionnaire was the research instrument employed in the study. Descriptive statistics as well as multiple regression analysis was used to analyse the data collected. Findings showed overwhelmingly that resourcefulness, strategic diversity and pro-activeness has a substantial positive relationship with organizational performance. The study concluded that entrepreneurial resilience has a positive effect on organizational performance. The study result showed that resourcefulness has the highest affirmative effect on organizational performance. Thus, the study recommended that if enterprises understand the nature of the association amid the dimensions of entrepreneurial resilience, the failure rate of small and medium enterprises can be reduced.
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Fatoki, Olawale. "The Impact of Entrepreneurial Resilience on the Success of Small and Medium Enterprises in South Africa." Sustainability 10, no. 7 (July 19, 2018): 2527. http://dx.doi.org/10.3390/su10072527.
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Small and medium enterprises (SMEs) have a significant role to play in a country’s sustainable development. The measures of a country’s sustainable development include economic and social factors. The sustainability of small and medium enterprises is vital to job creation, poverty reduction, and sustainable economic growth. The high failure rate of SMEs negatively impacts on South Africa’s sustainable development. The purpose of the study was to investigate the relationship between entrepreneurial resilience and the success of SMEs in South Africa. Success was measured using both organisational and individual criteria. The Connor–Davidson Resilience Scale 10 (CD-RISC 10) was used to measure entrepreneurial resilience. Data was collected from 170 small business owners through the survey method. The self-administered questionnaire method was used to collect data from the participants. Convenience and snowball methods were used for sampling. Descriptive statistics, confirmatory factor analysis, correlation, and regression analysis were used for data analysis. Cronbach’s alpha was used as a measure of reliability. The results indicated that there is a significant positive relationship between entrepreneurial resilience and individual and organisational success. Ways to enhance the resilience of small business owners in order to ensure the sustainability of SMEs are suggested.
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Singh, Smita, Patricia Corner, and Kathryn Pavlovich. "When the going gets tough: Entrepreneurial resilience in the context of venture failure." Academy of Management Proceedings 2015, no. 1 (January 2015): 16201. http://dx.doi.org/10.5465/ambpp.2015.16201abstract.
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Dias, Tania Regina Frota Vasconcellos, Cristina Dai Prá Martens, and Fabrício Martins Lacerda. "ENTREPRENEURIAL LEARNING IN THE CONTEXT OF FAILURE AND CREATION OF NEW BUSINESS." Brazilian Creative Industries Journal 1, no. 1 (July 1, 2021): 49–70. http://dx.doi.org/10.25112/bcij.v1i1.2687.
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This research aims to describe the career and the entrepreneurial learning of micro-enterprises owners that identified new opportunities after the business failure. The methodology consists of a qualitative and exploratory study, with a cross-section approach and longitudinal perspective. Two entrepreneurs participated in the study, selected by convenience and availability, based on established criteria. Data collection was conducted through in-depth interviews, the interviews were recorded and transcribed. The dates were analyzed using content analysis. The study shows that new knowledge emerged from a learning journey in the context of business failure. It is learning about yourself, persistence, and resilience to succeed in new activities; about business and failure, flexibility to change the focus; on networks and relationships, as experience working with partners, employees and establish a network with the business partners; and on business management, to learn to minimize risks, because they understand that you must have a minimum knowledge of the market. During the development of new business, there is a predominance of exploration to transform the experience into entrepreneurial knowledge.
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Lafuente, Esteban, Yancy Vaillant, Ferran Vendrell‐Herrero, and Emanuel Gomes. "Bouncing Back from Failure: Entrepreneurial Resilience and the Internationalisation of Subsequent Ventures Created by Serial Entrepreneurs." Applied Psychology 68, no. 4 (November 14, 2018): 658–94. http://dx.doi.org/10.1111/apps.12175.
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Monllor, Javier, and Patrick J. Murphy. "Natural disasters, entrepreneurship, and creation after destruction." International Journal of Entrepreneurial Behavior & Research 23, no. 4 (December 6, 2017): 618–37. http://dx.doi.org/10.1108/ijebr-02-2016-0050.
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Purpose The purpose of this paper is to contribute a deeper understanding of how natural disasters influence entrepreneurial intentionality as an important antecedent of entrepreneurial intention. It reviews the conceptual and operational backgrounds of natural disaster research and entrepreneurship theories and formulates a distinctive conceptual approach to entrepreneurial intentions in natural disaster settings. Design/methodology/approach An exhaustive review of research articles published in peer-reviewed entrepreneurship journals is provided and focuses on entrepreneurship, natural disasters, and entrepreneurial opportunities. Findings Six propositions about the influence of natural disasters on entrepreneurial intentions in ways that are distinct to the specific circumstances of post-disaster environments. Research limitations/implications The paper’s findings serve as a useful foundation for future research of post-disaster entrepreneurial behavior. The propositions highlight the relationship between opportunities, self-efficacy, feasibility, desirability, fear of failure, and resilience that complement macro-level research with micro-level antecedents. Implications entail new methodological avenues for future studies of humanitarian and post-disaster entrepreneurial activities. Practical implications This paper suggests ways in which public policy and educational, state and community programs can be designed and executed so that entrepreneurial intentions are developed and entrepreneurial action is not hindered. Moreover, it clarifies several ways to achieve more effective action (or inaction) to serve those affected by natural disasters and minimize disaffection. Originality/value The study illustrates that natural disasters can and do create opportunities for entrepreneurial behavior even as they generate powerful and sweeping negative effects on socioeconomic systems. Its unique approach explores individual-level variables concerning intent and motivation that drive entrepreneurial decisions in disaster contexts.
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LOH, JENNIFER M. I., and RAYINI DAHESIHSARI. "RESILIENCE AND ECONOMIC EMPOWERMENT: A QUALITATIVE INVESTIGATION OF ENTREPRENEURIAL INDONESIAN WOMEN." Journal of Enterprising Culture 21, no. 01 (March 2013): 107–21. http://dx.doi.org/10.1142/s0218495813500052.
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The development of female entrepreneurs in Indonesia is an integral part of Muslim women's economic contributions and empowerment. However, there is a lack of reliable research about female entrepreneurship and how gender may affect the experiences of business ownership in Indonesia. Therefore, the aim of this study is to explore the challenges encountered by these women entrepreneurs on a daily basis. Qualitative in-depth interviews were conducted with 30 female Indonesian entrepreneurs. Participants were recruited using theoretical and maximum variation sampling techniques. Content analysis was then used to analyze the data. Results revealed high levels of variations, both within and between women, suggesting that the quality of business entrepreneurship and success depended largely on the personal characteristics of these women, rather than on any system of formal education or training. This study also found that many women displayed resilient coping strategies when dealing with business failures. As a consequence, they were able to thrive despite restrictive social, cultural and political constraints. The paper highlights the importance of the experiences of female entrepreneurs in a developing country and the need to integrate the development of female entrepreneurship as a part of women empowerment effort.
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Farradinna, Syarifah, Tengku Nila Fadhlia, and Dan Azmansyah. "Psychological Resilience Predicted by Personality Traits, Locus of Control and Self-Regulation of Young Entrepreneurs in Pekanbaru." GATR Global Journal of Business Social Sciences Review 7, no. 1 (February 20, 2019): 75–83. http://dx.doi.org/10.35609/gjbssr.2019.7.1(9).
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Objective - Entrepreneurs are one of the important contributors to increasing non-agricultural economic income and developing micro, small and medium enterprises. In Indonesia, entrepreneurial orientation has empirically proven that psychological factors affect individuals in improving the economy of society. The concept of psychological resilience as the development of models to predict the events and situations of failure. In certain circumstances difficulties cannot be avoided, a person with psychological resilience is able to reduce the problem by creating a new situation. Individuals who have strong personality characteristics thought to be one important factor in the process of creation and development of enterprises. Methodology/Technique - The scale used in this study consisted of a scale big five personality (Openness) McCrae & Costa (2004), The Self-Regulation Questionnaire (SRQ) by Brown et al (1999), The Work Locus of Control Scale (WLCS) by Spector (1988) as modified by Spector (2004), and Connor-Davidson Resilience Scale (CD-RISC) compiled by Connor & Davidson (2003) as modified by Manzano and Ayala (2013). A total of 238 micro businesses have voluntarily participated. Findings - The results of path analysis showed that the openness personality directly (β = 0.131) was significantly associated with resilience. Similarly, the personality trait through self-regulation shows indirect influence on resilience (p1 p3 0.027 x 0.175 = 0.0047) significantly. Novelty - The contributions of personality openness and self-regulation of the resilience of 0.136 or 13.6%. It can be concluded that indirectly associated the entrepreneur's psychological resilience of the personality trait through self-regulation significantly. Type of Paper - Empirical. Keywords: Personality Traits; Locus of Control; Self-regulation; Entrepreneurs; Psychological Resilience. JEL Classification: M50, M59.
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Ulo, Fabian Udum, and Chukwudi Emmanuel Sunday-Nwosu. "Entrepreneurial orientation and the performance of auto spare parts and machineries dealers’ association in Lagos State Nigeria." International Journal of Development and Management Review 17, no. 1 (June 14, 2022): 216–34. http://dx.doi.org/10.4314/ijdmr.v17i1.13.
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The spate of business poor performance and subsequent failures in recent time has been worrisome to practitioners and stakeholders in Nigeria. This is evident from the increasing difficulties in generating returns on investment, increase in profit, creating new venture, increase in market shares, dwindling sales growth, and the inability to sustain the businesses overtime. Premised on this, the study explored the extent of the relationship between entrepreneurial orientation indices (innovativeness, risk-taking propensity, proactiveness, autonomy, competitive aggressiveness and resilience) and the performance of Auto Spare Parts and Machineries Dealers’ Association in Lagos State, Nigeria. Underpinned by resource-based theory, descriptive survey research design was adopted whereby sampled 260 owners/managers participated in the research. Data collected were analyzed using correlation analysis implemented in SPSS version 22 statistical programme. The result indicated that there is significant positive relationship between entrepreneurial orientation components of innovativeness (r = 0.241, p<0.001); risk-taking (r = 0.214, p<0.001); autonomy (r = 0.666 p<0.001); proactiveness (r = 0.135, p<0.001); competitive aggressiveness (r = 0.533, p<0.001) and resilience (r = 0.649, p<0.001) and the performance of Auto Spare Parts and Machineries Dealers’ Association in Lagos State. The study recommended that business practitioners in Nigeria should utilize entrepreneurial orientation components in order to achieve optimal performance. The implication of the finding is that entrepreneurial orientation provides additional insights that enable the owners/managers to respond proactively to ecological hurlyburly within the business environment to achieve results.
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Hays, Bradley D. "The Curious Case of School Prayer: Political Entrepreneurship and the Resilience of Legal Institutions." Politics and Religion 5, no. 2 (July 30, 2012): 394–418. http://dx.doi.org/10.1017/s1755048312000089.
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AbstractSchool prayer represents a curiosity of Reagan era politics. Reagan and the social conservative movement secured numerous successes in accommodating religious practice and faith in the public sphere. Yet, when it came to restoring voluntary school prayer, conservatives never succeeded in securing the judicial victory that they sought despite conditions that seemingly favored change. Herein, we attempt to reconcile Reagan era successes with Reagan era failures by exploring Reagan's entrepreneurial activity to affect both the demand (i.e., judges) and supply (i.e., litigants) side of legal change. Identifying Reagan's entrepreneurial activities in his attempt to alter national social policy reveals the resilience of legal institutions to presidential and partisan regimes. Reagan's efforts to change national school prayer policy gained some measure of legislative success by securing the Equal Access Act but it failed to garner a change in school prayer jurisprudence. We conclude by noting that the difficulty of influencing both the demand and supply side of legal change in a timely manner and its implication for reconstructing policy through the courts.
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Mohamad, Azlina, Adriana Mohd Rizal, Farzana Quoquab, Noor Hasni Juhdi, and Musli Sahimi. "Restarting after Business Discontinuity among Bumiputra Small and Medium Enterprises." European Journal of Economics and Business Studies 2, no. 1 (August 30, 2015): 259. http://dx.doi.org/10.26417/ejes.v2i1.p259-270.
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Small and Medium Enterprises (SMEs) entrepreneurial activities are critical to nation’s economic development and wealth creation. The governments provide both financial and non-financial assistances to support the development of these firms. Despite the government assistance, SMEs experience business discontinuity at the early stage of the firm development and unable to bounce back. Research on restarting after business discontinuity among SMEs is vital to enrich the existing literature in regards to firms’ learning and survival ability, and improving their current strategy to compete and sustain in the market. The objective of this study is to identify the factors that contribute to restarting after business discontinuity among Bumiputra Small and Medium Enterprises. This study utilized the case study methodology and selected Bumiputra firms under Majlis Amanah Rakyat as the research setting. The study found that five factors, including personality, environment, internal factor, resilience, and spiritual belief contributed to restarting after business discontinuity among Bumiputra SMEs. These findings broaden the theory of firm failure in entrepreneurship studies and their relations to firm learning. These insights are useful for both entrepreneurs of new firms and policy makers to improve entrepreneurial learning in supporting firms’ survival.
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Okonji, Patrick S., Olufemi O. Olayemi, Ben E. Akpoyomare Oghojafor, and D. Mgbe. "Influence of Entrepreneurial Traits on the Performance of Small and Medium Sized Enterprises (SMEs) in Lagos State, Nigeria." Journal of Economics and Management Research 9 (2020): 50–66. http://dx.doi.org/10.22364/jemr.9.04.
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Factors such as political instability, government policies, infrastructural inadequacy and entrepreneurs’ non-possession of relevant personal characteristics are connected on the high failure rate of small businesses in Nigeria. On the back of these identified problems the study focused on Influence of entrepreneurial traits on the performance of Small and Medium Sized Enterprises in Lagos State., Specifically, resilience, innovativeness, drive for achievement, and risk taking propensity were the entrepreneurship traits examined in relation to the performance of SMEs in Lagos state. Primary source of data through a questionnaire was used to achieve the stated objectives. Random sampling method was used to collate data of 125 entrepreneurs who participated in the study. Frequency tables and percentages were used for data presentation and the Regression analysis was used to test the formulated hypotheses, with the aid of statistical package for social sciences (version 21.0). The study summarised that there are significant relationships between the tested traits and the growth of SMEs in Nigeria. The study recommended that owner/ entrepreneurs should individually improve their skills in these critical traits’ areas. In addition, the government should provide institutional support in terms of training and development. Government should also create an enabling environment for business to thrive, through provision of infrastructures.
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De Carolis, Donna M., and Barrie E. Litzky. "Unleashing the potential of university entrepreneurship education." New England Journal of Entrepreneurship 22, no. 1 (May 13, 2019): 58–66. http://dx.doi.org/10.1108/neje-04-2019-0022.
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Purpose The purpose of this paper is to highlight the ways in which traditional views of entrepreneurs and entrepreneurship have inadvertently limited entrepreneurship education. The authors propose a broader view of what it means to be an entrepreneur and describe a disruptive approach to entrepreneurship education, one that centers around building students’ entrepreneurial mindset. By tapping into students’ “inner entrepreneur” and nurturing their abilities to think and act creatively, embrace failure, effect change and be resilient, the authors are preparing them for the challenges of the twenty-first century labor market. Design/methodology/approach This is a perspective paper about how the traditional views of entrepreneurship education may be limiting its potential to create entrepreneurial college graduates set to take on twenty-first century careers. Findings Teaching the entrepreneurial mindset and process will allow us, as educators, to best prepare our students for the complexities of the current and future workforce. Originality/value By embracing the original meanings of the word “entrepreneur” – an act of reaching out and capturing and undertaking – the authors demystify what it means to be an entrepreneur. When we adopt a broader and more accurate conceptualization of “the entrepreneur,” we can teach our students to be the entrepreneurs of their lives.
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Ketchen, David J., and Christopher W. Craighead. "Research at the Intersection of Entrepreneurship, Supply Chain Management, and Strategic Management: Opportunities Highlighted by COVID-19." Journal of Management 46, no. 8 (July 29, 2020): 1330–41. http://dx.doi.org/10.1177/0149206320945028.
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Since the early 2000s, research at the intersection of entrepreneurship and strategic management has flourished, as has work at the intersection of strategic management and supply chain management. In contrast, little inquiry has occurred at the intersection of entrepreneurship and supply chain management. This presents a tremendous opportunity, as does the relative lack of work bringing together all three fields. We seek to set the stage for exploiting these opportunities by first describing how incorporating a series of key supply chain concepts—omni-channel, last-mile delivery, supply chain agility, supply chain resiliency, and service recovery—could enrich entrepreneurship research. We then explain how the boundaries of key entrepreneurship concepts—opportunity, entrepreneurial orientation, optimal distinctiveness, bricolage, and fear of failure—could be extended to the supply chain context. Both of these moves bring strategic management concepts into play, as well. In accomplishing our tasks, we draw on examples from how firms attempted to navigate the COVID-19 pandemic via moves spanning entrepreneurship, supply chain management, and strategic management.
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Hedner, Thomas, Adli Abouzeedan, and Magnus Klofsten. "Entrepreneurial resilience." Annals of Innovation & Entrepreneurship 2, no. 1 (January 2011): 7986. http://dx.doi.org/10.3402/aie.v2i1.6002.
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Dewinda, Herio Rizki. "Resilience of students who are entrepreneurial and not entrepreneurial." Jurnal RAP (Riset Aktual Psikologi Universitas Negeri Padang) 12, no. 2 (June 16, 2022): 223. http://dx.doi.org/10.24036/rapun.v12i2.109918.
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This research is a quantitative study that aims to determine the difference in the level of resilience between students who do entrepreneurship and those who do not. The sample of this research is 232 students of several universities in Padang City, consisting of 155 students who are entrepreneurs and 77 students who are not entrepreneurs. Resilience variable is measured using The Resilience Scale developed by Wagnild and Young (1993) which has been adapted into Indonesian. The results showed that there is a difference in resilience between students who are entrepreneurial and students who are not entrepreneurial, the t-test value of resilience for students who are entrepreneurs and students who are not entrepreneurial is 4.442 with a probability (sig.) 0,000. Research data also shows that students who are entrepreneurial have a higher level of resilience than students who are not entrepreneurial.
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Saylors, Rohny, Marja Turunen, and David M. Boje. "Entrepreneurial Storytelling of Resilience." Academy of Management Proceedings 2016, no. 1 (January 2016): 15238. http://dx.doi.org/10.5465/ambpp.2016.15238abstract.
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Park, Jae Chun. "The Relationship between Entrepreneurial Leadership and Entrepreneurial Intention: Mediating effect of Entrepreneurial Self-efficacy and Resilience." Korean Career, Entrepreneurship & Business Association 6, no. 4 (November 30, 2022): 1–18. http://dx.doi.org/10.48206/kceba.2022.6.4.1.
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This study examines the effect of entrepreneurial leadership(EL) on entrepreneurial self-efficacy(ES), resilience, and entrepreneurial intention(EI). Also, this paper investigates the mediating effect of entrepreneurial self-efficacy and resilience between entrepreneurial leadership and entrepreneurial intention.
The results of this study targeted 280 were as follows: First, EL had a significant positive impact on El. Second, EL had a positive impact on ES. Third, EL had a positive effect on resilience. Fourth, mediating role of ES in the relationship between EL and El was statistically significant. In other words, EL directly affects El, indirectly affects El through ES. Finally, mediating role of resilience in the relationship between EL and El was statistically significant. In other words, EL directly affects El, indirectly affects El through resilience. In particular, this study presented with implications for future research, limitations of this study.
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Zettel, Lauren Atkinson, and Robert P. Garrett. "Building Entrepreneurial Resilience Through Adversity." Academy of Management Proceedings 2021, no. 1 (August 2021): 10164. http://dx.doi.org/10.5465/ambpp.2021.10164abstract.
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Roundy, Philip T., Beverly K. Brockman, and Mike Bradshaw. "The resilience of entrepreneurial ecosystems." Journal of Business Venturing Insights 8 (November 2017): 99–104. http://dx.doi.org/10.1016/j.jbvi.2017.08.002.
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Bullough, Amanda, and Maija Renko. "Entrepreneurial resilience during challenging times." Business Horizons 56, no. 3 (May 2013): 343–50. http://dx.doi.org/10.1016/j.bushor.2013.01.001.
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Rahman, Hafiz, and Sofi Amalia. "Narcissism, Entrepreneurial Learning and Entrepreneurial Failure." Jurnal Dinamika Manajemen 11, no. 2 (December 21, 2020): 139–53. http://dx.doi.org/10.15294/jdm.v11i2.24094.
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This study evidences that psychological construct in terms of narcissistic behavior through an excessive use of social media will not boost entrepreneurs to learn from past failure experiences in business. By considering excessive narcissism through social media as a personality disorder, this study examines it as a possible cause of entrepreneurial failure. The study uses data from two sets of questionnaire with one hundred and fifty failed entrepreneurs. Analysis is quantitatively undertaken with Structural Equation Modelling/SEM and is supported by the result of Narcissistic Personality Inventory-16/NPI-16 questionnaire which reflects the degree of respondents’ narcissistic behavior. The study infers that the greater narcissistic behavior entrepreneurs has, even with the presence of entrepreneurial learning from the past failures, may lead entrepreneurs to experience subsequent failure. Stubbornness and hypocrisy are two reasons behind this. Therefore, entrepreneurs should be aware of their negative character-personality and psychological aspects when performing entrepreneurial processes.
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Branicki, Layla Jayne, Bridgette Sullivan-Taylor, and Sarah Rachael Livschitz. "How entrepreneurial resilience generates resilient SMEs." International Journal of Entrepreneurial Behavior & Research 24, no. 7 (November 9, 2018): 1244–63. http://dx.doi.org/10.1108/ijebr-11-2016-0396.
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Purpose The purpose of this paper is to investigate how entrepreneurial behaviors support small and medium-sized enterprise (SME) resilience, refine the concept of entrepreneurial resilience, and identify how SME resilience might be promoted. Design/methodology/approach Qualitative data were collected in the UK via 11 focus groups which provided a sub-sample of 19 SME participants. Findings Because of their experience operating in uncertain environments, their direct experience of adversity, and the informal organizational settings they inhabit, entrepreneurs are often highly resilient and possess capabilities that enable SMEs to be resilient. Entrepreneurial resilience provides a basis for SME resilience that differs significantly from best practices as understood in larger firms. Research limitations/implications Exploratory qualitative research on a small sample (n=19) limits the generalizability of this work. Further research could quantitatively test the paper’s findings and/or examine the link between entrepreneurial resilience and the resilience of larger firms. Practical implications Rather than encouraging formal planning and redundancy, policy and practice designed to promote the resilience of SMEs should pay greater attention to building capacities to cope with uncertainty, generating and leveraging personal relationships, and activating the ability to experiment and think creatively in response to crises. Originality/value This paper draws on organizational psychology research to refine understanding of entrepreneurial resilience and to empirically examine and inductively theorize the multi-level relationships between entrepreneurial resilience and SME resilience.
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Feby Muhammad Faisal and Riani Rachmawati. "The Effect of Proactive Personality and Core Self-Evaluation on Work Engagement Mediated by Entrepreneurial Resilience in Start-Up Companies in Greater Jakarta." Proceedings of International Conference on Economics Business and Government Challenges 1, no. 1 (September 7, 2022): 102–9. http://dx.doi.org/10.33005/ic-ebgc.v1i1.16.
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Start-ups become a critical sector when the economy in Indonesia experiences a crisis. However, start-ups face challenges in running their business, one of which is human resources. This study aims to analyze the Effect of proactive personality and core self-evaluation on work engagement mediated by entrepreneurial resilience in Start-Up companies in Greater Jakarta. Data was obtained by distributing questionnaires to 150 respondents with 45 statements. The data analysis technique used is path analysis. The results show that proactive personality and core self-evaluation positively and significantly affect work engagement and entrepreneurial resilience. The results also show that entrepreneurial resilience positively and significantly affects work engagement. The proactive personality positively influences work engagement, which is mediated by entrepreneurial resilience. Core self-evaluation positively influences work engagement, which is mediated by entrepreneurial resilience.
Keywords: Core self-evaluation; entrepreneurial resilience; proactive personality; work engagement
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Santoso, Dimitri Marcello, and Yuanita Ratna Indudewi. "THE ENTREPRENEURIAL RESILIENCE STUDY ON THE YOUNG NASCENT ENTREPRENEURS." Jurnal Manajemen dan Kewirausahaan 24, no. 2 (September 30, 2022): 129–37. http://dx.doi.org/10.9744/jmk.24.2.129-137.
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Changes occur in human existence, particularly in lifestyle, during this pandemic. Changes occur in the workplace on a daily basis. Workers and companies are facing difficulties in surviving the pandemic. The purpose of this study was to assess the link between entrepreneurial self-efficacy, entrepreneurial passion, and entrepreneurial resilience in young nascent entrepreneurs during the COVID-19 pandemic. There were 216 sampels of young nascent entrepreneurs of age 19 to 22 to support this research. SPSS Software was used for data analysis and processing. The result showed during the pandemic, the entrepreneurial self-efficacy variable had a positive significant influence on the entrepreneurial resilience, and the entrepreneurial passion had a positive significant influence on the entrepreneurial resilience. Based on the study and analysis, hypotheses 1 and hypothesis 2 were accepted since they had a substantial effect on the entrepreneurial resilience variable, either partially or simultaneously. During the pandemic, a young nascent entrepreneur needed to remain inventive and able to create opportunities in operating their businesses. Further study on other aspects that can affect entrepreneurial resilience was adviseable.
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Panjaitan, Roymon, Muhammad Hasan, and Resista Vilkana. "Sophisticated technology innovation capability: Entrepreneurial resilience on disaster -resilient MSMEs." Serbian Journal of Management 17, no. 2 (2022): 375–88. http://dx.doi.org/10.5937/sjm17-39294.
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The level of productivity should be increased and maintained to sustain the success of micro, small and medium enterprises (MSMEs). Furthermore, entrepreneurial resilience requires advanced technological innovation capabilities to avoid continual external disasters. Therefore, this research explores the connection between entrepreneurial resilience, disaster-resilient MSMEs, and new ideas on complex technical innovations to modulate entrepreneurship. Partial Least Squares are used to process 177 MSMEs respondents in Central Java, Indonesia and the findings successfully bridged the gap between entrepreneurial resilience and disaster-resistant MSMEs. The is mediated by sophisticated technology innovation capability. Furthermore, corporate owners and managers are concerned with the ongoing adaptation and creation of complicated technologies concerning sophisticated innovation capabilities. These findings indicate that entrepreneurial resilience contributes to sophisticated technological innovation capability. The findings also show that entrepreneurial resilience contributes to disaster-resilient MSMEs and demonstrate the importance of understanding how entrepreneurs survive during conditions of uncertainty. This theoretical conclusion gives rise to a new competitive resource advantage theory perspective in which sophisticated technology's inventive capacities might be strengthened when entrepreneurial resilience is stronger. The entrepreneurial resilience can improve when corporate organizations or MSMEs players have advanced technical resource capabilities.
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Alshebami, Ali Saleh. "Psychological Features and Entrepreneurial Intention among Saudi Small Entrepreneurs during Adverse Times." Sustainability 14, no. 13 (June 22, 2022): 7604. http://dx.doi.org/10.3390/su14137604.
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This study’s objective is to examine the influence of entrepreneurial self-efficacy and internal locus of control on the entrepreneurial intention of small Saudi entrepreneurs during adverse times, with entrepreneurial resilience as a moderator. The study, which targeted a sample of 207 small entrepreneurs working in various sectors in Saudi Arabia, gathered data through an online questionnaire sent to respondents and analysed the results using PLS-SEM. The study revealed intriguing findings, such as the existence of a positive significant relationship between entrepreneurial self-efficacy, internal locus of control and entrepreneurial intention amongst small Saudi entrepreneurs. It also demonstrated that in times of adversity, such as during the COVID-19 pandemic and other environmental challenges, entrepreneurial resilience can act as a moderator between entrepreneurial intention and entrepreneurial self-efficacy. Entrepreneurial resilience, in particular, has the potential to strengthen the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Accordingly, the government, along with other sectors and stakeholders in Saudi Arabia, should continue to support the psychological characteristics of small Saudi entrepreneurs, notably their internal locus of control, entrepreneurial self-efficacy, and entrepreneurial resilience to ensure greater sustainability and the continuity of their small businesses.
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Kipkosgei, Felix. "Perceived Entrepreneurial Stress and Entrepreneurial Resilience; The Mediating Role of the Well-Being of Entrepreneurs and Moderating Role Perceived Online Social Support." Merits 2, no. 1 (January 30, 2022): 1–17. http://dx.doi.org/10.3390/merits2010001.
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This study investigated the effect of perceived entrepreneurial stress on entrepreneurial resilience with the well-being of an individual entrepreneur in mediating role and perceived online social support moderating this relationship. Using survey data collected from 204 entrepreneurs in two major towns in Kenya, considered entrepreneurial hubs were analyzed. To uncover this relationship, confirmatory factor analysis was conducted to test the discriminant validity of the measurement model. Hierarchical multiple regression was used to test four hypotheses in seven models to estimate direct, indirect and interaction effects. The results showed that perceived entrepreneurial stress and the well-being of individual entrepreneurs are significantly negatively related; this study also found out that the well-being of individual entrepreneurs and entrepreneurial resilience are positively related. For moderation effect, perceived online social support positively moderated the relationship between the well-being of individual entrepreneurs and entrepreneurial resilience. Finally, to test the indirect effect, bootstrapping analysis was used to identify mediation effects. The bootstrapping indirect test results revealed that the well-being of individual entrepreneurs mediates the relationship between perceived entrepreneurial stress and entrepreneurial resilience. This study outlines online communities as an avenue where entrepreneurs can access online social support that can facilitate entrepreneurial resilience during crises and to foster resilience among entrepreneurs despite adversity, entrepreneurs need to consider making a culture of seeking and providing social support online to fellow entrepreneurs and online communities.
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Yáñez-Valdés, Claudia. "Technological entrepreneurship: present conditions and future perspectives for Latin America." Management Research: Journal of the Iberoamerican Academy of Management 20, no. 1 (November 30, 2021): 25–38. http://dx.doi.org/10.1108/mrjiam-09-2021-1230.
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Purpose Technological entrepreneurship is distinguished from other types of initiatives by its innovative characteristics and rapid growth, as well as by the high uncertainty it faces, both in terms of investment cost and capacity for continuous adaptation. The purpose of this study is to investigate the definitions, measures and methods that have been used to investigate the phenomenon and to define the process of the “entrepreneurial journey” and the associated typologies according to the technological level. Design/methodology/approach This paper provides a systematic review of the literature on technological entrepreneurship focusing on emerging economies in Latin America. Based on the review of 62 papers, it analyses the current state and future research perspectives on the topic. Findings The authors can conclude that technological entrepreneurship in Latin America has great opportunities, especially linked to growth, but faces the threats of an uncertain and dynamic environment. Taking advantage of technologies allows the formulation of unique value propositions linked to the environment through innovation that improves the quality of life of the population. Research limitations/implications This study is a starting point for the development of research on resilient technology ventures. Latin America represents a limited location but offers insight into the developing phenomenon to measure the impacts that this phenomenon generates in society. Originality/value Considering the possibilities offered by technology and its continuous evolution, the impact that this type of entrepreneurship generates on the environment can be on a global scale. However, high growth and success are as likely as a failure and this is part of the improvement process.
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Bakas, Fiona Eva. "Community resilience through entrepreneurship: the role of gender." Journal of Enterprising Communities: People and Places in the Global Economy 11, no. 1 (March 13, 2017): 61–77. http://dx.doi.org/10.1108/jec-01-2015-0008.
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Purpose This paper aims to contribute to entrepreneurship theorising by highlighting the salience of feminine caring positions in creating novel entrepreneurial roles and investigating how these roles contribute to community resilience. Using a critical feminist economics lens, alternative conceptualisations of the economy are expanded upon to reveal how an economic externality influences entrepreneurial discourse, gender roles and community resilience. Design/methodology/approach In this interpretive approach, empirical evidence is drawn from six months of intensive ethnographic research with 20 tourism handicraft micro-entrepreneurs in Crete and Epirus, Greece, in 2012 and hence in the context of a macroeconomic crisis. Ethnographic interviewing and participant observation are used as the methods to achieve the research objectives. Findings Thematic analysis is used to investigate how gender roles and entrepreneurial roles interact and how this interaction influences community resilience to an economic crisis. Using the critical theory to critique neoclassical economics interpretations of entrepreneurship, it becomes evident that politico-economic structures perpetuating feminised responsibility for social reproduction configure feminine entrepreneurial roles, and these roles have a positive effect on increasing community resilience. By conceptualising entrepreneurial involvement as being primarily for community gain, participants highlight how feminine entrepreneurial discourse differs from the neoclassical economics entrepreneurial discourse of entrepreneurial involvement being primarily for individual gain. Social implications This paper contributes to theoretical advancements on the role of gender in entrepreneurship and community resilience by investigating the entrepreneurs’ gendered responses to an exogenous shock. Providing insight into the role gender has in entrepreneurial adaptation and sustainable business practices means that new policies to combat social exclusion and promote rural development can be formulated. Originality/value The theoretical interplay between gender and entrepreneurship is investigated from a novel angle, that of critical feminist economics. The relationship between feminised interpretations of entrepreneurship and community resilience is brought to light, providing a unique insight into entrepreneurial resilience.
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Li, Qian, Yuanyuan Fu, and Yuanyuan Chang. "Qualitative Analysis Method for Training of College Students’ Entrepreneurial Resilience from the Perspective of Entrepreneurial Ecological Environment." International Journal of Emerging Technologies in Learning (iJET) 17, no. 14 (July 26, 2022): 172–86. http://dx.doi.org/10.3991/ijet.v17i14.32809.
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Due to the constraints of the entrepreneurial ecological environment and the heterogeneity of the individual college students and their interpersonal relationships and situations, some specific problems like psychological potential development and stress buffering effect in the process of college students’ entrepreneurial resilience cultivation have not been fundamentally resolved. Therefore, this paper explores the qualitative analysis method for cultivation of college students’ entrepreneurial resilience from the perspective of entrepreneurial ecological environment. First, the relationship among the main roles in the entrepreneurial ecosystem was shown, the homogeneity-driven integration process of the strategies for college students’ entrepreneurial resilience cultivation was expounded, and a knowledge interaction model for college students’ entrepreneurial resilience cultivation was constructed. Then, a conceptual model of college students’ entrepreneurial heterogeneity was constructed, and a dynamic evolution analysis was performed on the homogenization-oriented complementary adjustment of college students’ entrepreneurial ecological environment. The experiment showed that the empirical results of the constructed model basically met the theoretical expectations. Finally, the experimental results under the completely heterogeneous, generally homogenized and completely homogeneous states were given and discussed, which verified the effectiveness of the homogenization-oriented complementation strategy.
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Lee, Jin, and Jia Wang. "Developing entrepreneurial resilience: implications for human resource development." European Journal of Training and Development 41, no. 6 (July 3, 2017): 519–39. http://dx.doi.org/10.1108/ejtd-12-2016-0090.
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Purpose Leadership development has attracted much research attention within the human resource development (HRD) community. However, little scholarly effort has been made to study a special group of leaders – entrepreneurs. This paper aims to fill in this knowledge gap by taking a close look at entrepreneurial resilience, a key ability of entrepreneurs to overcome challenges and adapt to uncertainties. Design/methodology/approach This paper conducted an extensive literature review using conceptual analysis as the primary method. Enablers and inhibitors affecting entrepreneurial resilience development were identified from the selected empirical studies. Findings From the analysis of empirical studies, a set of enablers and inhibitors was identified, and the effects on entrepreneur resilience were explored. Based on identified enablers and inhibitors, an integrative model of entrepreneurial resilience that serves as a building block for entrepreneurial resilience theory building was proposed. Originality/value Findings from this research and the newly proposed model will not only contribute to the much-needed entrepreneurial resilience theory building but also serve as a useful guide for human resource professionals and trainers in designing leadership development interventions.
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Mai, Yingping, Yenchun Jim Wu, and Yu-Min Wang. "How Does Entrepreneurial Team Relational Governance Promote Social Start-Ups’ Organizational Resilience?" International Journal of Environmental Research and Public Health 19, no. 11 (May 30, 2022): 6677. http://dx.doi.org/10.3390/ijerph19116677.
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Why are some social entrepreneurial teams able to adapt to challenges and leverage the opportunities that are generated from a crisis, and why can some start-ups achieve sustained growth yet others do not? From the perspective of relational governance, this study unpacked the mechanism of how entrepreneurial teams promote social start-ups’ abilities to deal with crises and the mediating role of team learning through a survey of 396 social entrepreneurial team members. The results showed four key findings. (1) Trust among entrepreneurial team members has a positive effect on organizational resilience, whereas shared vision and communication-cooperation do not. (2) All the dimensions of relational governance positively promote team learning, and team learning is positively associated with organizational resilience. (3) Team learning mediates the effect of entrepreneurial team relational governance on organizational resilience; specifically, team learning plays a complete intermediary effect on shared vision and communication-cooperation to organizational resilience, whereas it plays a partial intermediary effect on trust in organizational resilience. (4) Team learning is the key factor to organizational resilience, whereas communication-cooperation promotes team learning the most. Practically, to strengthen social start-ups’ organizational resilience, entrepreneurial team members must first improve their understanding of environmental adaptability and then engage in productive and creative dialogues to manage issues, improve team members’ capability in information integration, as well as agree upon the action and activities that should be performed.
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Saxena, Siddhartha Satish, and Rushi Sanat Kumar Pandya. "Gauging underdog entrepreneurship for disabled entrepreneurs." Journal of Enterprising Communities: People and Places in the Global Economy 12, no. 1 (March 12, 2018): 3–18. http://dx.doi.org/10.1108/jec-06-2017-0033.
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Purpose In the past decade, entrepreneurship research has evolved with the contribution of different scholars, but there is a lack of studies available that focused on entrepreneurship with disabilities. The objective of the research is understanding differently abled entrepreneurs and their entrepreneurial journey. How challenges caused by disability contribute to motivate them to pursue entrepreneurship as a career. This study is based on “Underdog entrepreneurs: Challenge-based entrepreneurship model” theoretical model proposed by Miller and Breton-Miller (2017). Design/methodology/approach This qualitative research includes case study methodology to study eight differently abled entrepreneurs. All the identified cases are located in the city of Ahmedabad, Gujarat, India. In-depth interviews and multiple visits were scheduled to collect the data. Transcripts of the interview and observation notes were developed for the analysis of the content according to the adopted theoretical model. Findings Differently abled entrepreneurs show similar traits as the non-disabled entrepreneurs. They are also found to be more resilient and persistent while dealing with the challenges of failure, stress and uncertainty. Difficult conditions and experiences of discrimination indirectly prepare them for tackling challenges while pursuing entrepreneurship. People close to differently abled entrepreneurs play a critical role in shaping and supporting their ventures. Research limitations/implications Owing to the lack of authentic information available on disabled entrepreneurs, the study does not include different entrepreneurs with more disabilities such as hearing impairment, speech impairment and mental illness. The study also focuses on the entrepreneurs of Ahmedabad City, Gujarat because of the similar reason. Originality/value This paper is an original submission and contributes towards understanding the differently abled entrepreneurs.
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Pascucci, Tancredi, Brizeida Raquel Hernández-Sánchez, and José Carlos Sánchez-García. "Cooperation and Environmental Responsibility as Positive Factors for Entrepreneurial Resilience." Sustainability 14, no. 1 (December 31, 2021): 424. http://dx.doi.org/10.3390/su14010424.
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In this review, we study the state of entrepreneurial education as it applies to business resilience. We consider records over the last 20 years about entrepreneurial resilience that consider their social impact and focus on sustainability. The aim of the study was to determine whether an enterprise that stresses social impact and sustainability rather than profits could reinforce entrepreneurial resilience. The importance of this study is that it offers a more complex description of entrepreneurial resilience by connecting social and environmental sensitivity with a profit-oriented logic. We found a mild incremental rise in, first, the years of the 2000s and a jump by 2010. We then used VosViewer to create a cluster map from the record list of WOS, creating three clusters of: “education and sustainability”, “entrepreneurship and social impact” and “innovation”, and these three clusters were related to superior entrepreneurial resilience. This approach should be adopted in real time to be able to adapt to socio-economic crises, adopting a functional approach based on cooperativeness and awareness of complexity.
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Singh, Smita, and Patricia Corner. "Spirituality and Entrepreneurial Failure." Academy of Management Proceedings 2014, no. 1 (January 2014): 17060. http://dx.doi.org/10.5465/ambpp.2014.17060abstract.
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Singh, Smita, Patricia Doyle Corner, and Kathryn Pavlovich. "Spirituality and entrepreneurial failure." Journal of Management, Spirituality & Religion 13, no. 1 (May 22, 2015): 24–49. http://dx.doi.org/10.1080/14766086.2015.1029961.
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Singh, Smita, Patricia Corner, and Kathryn Pavlovich. "Coping with entrepreneurial failure." Journal of Management & Organization 13, no. 4 (November 2007): 331–44. http://dx.doi.org/10.1017/s1833367200003588.
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AbstractResearch on entrepreneurship focuses predominantly on success which ignores the high failure rate of new ventures and precludes a holistic view of the entrepreneurial process. The current study addresses failure by asking three research questions: how do entrepreneurs experience failure, how do they cope with it, and what do they learn from it? Rich interview data is analyzed using multiple frameworks from the literature. Findings suggest that more coping and learning occurs in the economic aspect of failed entrepreneurs' lives in comparison to the social, psychological and physiological aspects. Findings also provide a proposition for testing in future research: Type of coping engaged in by failing entrepreneurs is related to the kind of learning experienced through failure.
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Singh, Smita, Patricia Corner, and Kathryn Pavlovich. "Coping with entrepreneurial failure." Journal of Management & Organization 13, no. 4 (November 2007): 331–44. http://dx.doi.org/10.5172/jmo.2007.13.4.331.
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AbstractResearch on entrepreneurship focuses predominantly on success which ignores the high failure rate of new ventures and precludes a holistic view of the entrepreneurial process. The current study addresses failure by asking three research questions: how do entrepreneurs experience failure, how do they cope with it, and what do they learn from it? Rich interview data is analyzed using multiple frameworks from the literature. Findings suggest that more coping and learning occurs in the economic aspect of failed entrepreneurs' lives in comparison to the social, psychological and physiological aspects. Findings also provide a proposition for testing in future research: Type of coping engaged in by failing entrepreneurs is related to the kind of learning experienced through failure.
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Veit, Daniel, Mark Bertleff, Moritz Bruckner, and Dennis M. Steininger. "Crowdfunding and Entrepreneurial Failure." International Journal of Entrepreneurial Venturing 14, no. 4 (2022): 1. http://dx.doi.org/10.1504/ijev.2022.10051910.
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Montoro-Fernández, Elisabet, Antonio Ramón Cárdenas-Gutiérrez, and Antonio Bernal-Guerrero. "Entrepreneurial Resilience: A Case Study on University Students." International Journal of Environmental Research and Public Health 19, no. 5 (February 23, 2022): 2589. http://dx.doi.org/10.3390/ijerph19052589.
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Entrepreneurial resilience refers to the capacity to face, overcome and project oneself after suffering life events with a negative impact. Emerging adulthood and the characteristics of university life facilitate the occurrence of stressful situations that can affect well-being. The aim of this phenomenological research is to explore the strategic components of entrepreneurial resilience and how young university students have shaped their entrepreneurial resilience after experiencing negative life events. The present research is a multiple case study that was developed through a mixed methodology. The methodological sequence was quantitative and qualitative, with priority given to the qualitative phase of the research. Ten university students with high levels of resilience were interviewed. The data were analysed using thematic analysis. The results indicate that resilience is built through intrapersonal and exopersonal processes. These processes make up a set of strategic dimensions related to entrepreneurial behaviour that are used for the construction of personal projects.
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Wang, Weilong, Jianlong Wang, Shaersaikai Wulaer, Bing Chen, and Xiaodong Yang. "The Effect of Innovative Entrepreneurial Vitality on Economic Resilience Based on a Spatial Perspective: Economic Policy Uncertainty as a Moderating Variable." Sustainability 13, no. 19 (September 26, 2021): 10677. http://dx.doi.org/10.3390/su131910677.
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This study measured the economic resilience of 269 prefecture-level cities in China by constructing an indicator evaluation system for the resilience, adjustment, and responsiveness of the economic system under external shocks. A dynamic spatial Durbin model and a moderating mediation model were employed to analyze empirically the impact of economic policy uncertainty and innovative entrepreneurial vitality on economic resilience using prefecture-level panel data from 2004 to 2018. The statistical results revealed that there were significant “snowball” effects and spatial spillover characteristics of economic resilience. Under the moderating effect of economic policy uncertainty, innovative entrepreneurial vitality was found to have a significant positive effect on economic resilience. Furthermore, innovative entrepreneurial vitality was found to enhance economic resilience significantly by upgrading the industrial structure, alleviating the income gap, and guiding economic agglomeration in the context of economic policy uncertainty. Moreover, the impacts of innovative entrepreneurial vitality and economic policy uncertainty on economic resilience, respectively, showed significant heterogeneities in terms of the cities’ regions and economic sizes. The above-mentioned results were found to be valid even after a series of robustness tests were carried out.
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Kim, Kyoung Yong, and Riki Takeuchi. "Gender Diversity in Entrepreneurial Teams and Entrepreneurial Failure." Academy of Management Proceedings 2020, no. 1 (August 2020): 11777. http://dx.doi.org/10.5465/ambpp.2020.11777abstract.
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McInnis-Bowers, Cecilia, Denise Linda Parris, and Bella L. Galperin. "Which came first, the chicken or the egg?" Journal of Enterprising Communities: People and Places in the Global Economy 11, no. 1 (March 13, 2017): 39–60. http://dx.doi.org/10.1108/jec-01-2015-0014.
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Purpose This paper aims to explore the relationship between entrepreneurship and resilience in an indigenous context. The overarching research questions are: What are the mechanisms that link entrepreneurial thought and action to resilience in a marginalized context? How can entrepreneurial thought and actions lead to building economic, community and cultural resilience? Design/methodology/approach An exploratory-naturalistic case study methodology was used to examine the entrepreneurial journey of the Boruca. Data were collected from in-depth semi-structured and unstructured interviews among 10 informants over a five-year period. Constant comparative method was used to analyze the data. Findings Due to the need to survive, the Boruca engaged in entrepreneurial thought and action, which, in turn, led to the development of community, cultural and economic resilience. The authors developed a conceptual model to illustrate how individual resiliency gained through entrepreneurial thought and action led to community, cultural and economic resiliency of the Boruca. Research limitations/implications This paper examines the entrepreneurial journey of one of the eight indigenous tribes of Costa Rica. Future research should expand their sample to include the other indigenous contexts. Practical implications From a practical standpoint, this paper suggests the need for entrepreneurial training among indigenous businesses as a key factor in developing resiliency. This is applicable for non-profit, for-profit and public organizations interested in preserving world ethnic cultures and empowering indigenous people. Social implications Gaining deeper and richer insights into the linkages of resilience and entrepreneurial success is important for supporting efforts of those seeking to forge pathways out of poverty. Originality/value This paper suggests a different view of the relationship between resilience and entrepreneurship when the context is outside of the resource-rich context of the developed world.
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Seraj, Abdullah Hamoud Ali, Syed Ali Fazal, and Ali Saleh Alshebami. "Entrepreneurial Competency, Financial Literacy, and Sustainable Performance—Examining the Mediating Role of Entrepreneurial Resilience among Saudi Entrepreneurs." Sustainability 14, no. 17 (August 27, 2022): 10689. http://dx.doi.org/10.3390/su141710689.
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This paper investigated the influence of entrepreneurial competency and financial literacy on sustainable small enterprise performance. We simultaneously investigated the mediating role of entrepreneurial resilience on the association between competence and financial literacy with sustainable business performance. We used a quantitative method for collecting data from 220 small business entrepreneurs in Saudi Arabia using an online questionnaire. The collected data were analysed with the help of PLS-SEM. The results reveal that financial literacy significantly positively affects entrepreneurial competency and resilience. Entrepreneurial competency has a significant positive effect on Saudi SMEs’ entrepreneurial resilience and sustainable performance. Finally, entrepreneurial resilience was simultaneously found to have a considerable impact on sustainable performance while mediating the effect of financial literacy and competency on sustainable performance across Saudi SMEs. In line with Saudi Vision 2030, with its profound focus on entrepreneurship and developing a financially independent entrepreneurial community, this research contributes to creating economic opportunities for local entrepreneurs managing small enterprises. Apart from extending the body of knowledge, this research can support policymakers in formulating relevant strategies to encourage SMEs that have been worst hit by the COVID-19 pandemic to perform sustainably. Several other implications for financial institutions and entrepreneurs have also been drawn.