Entrepreneurship and the Stigma of Failure

By A. Landier. 2005

236 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/168e10b4d096d530487439753e55b1a82df2ca4b

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Citations in the corpus

Stigma and business failure: implications for entrepreneurs’ career choices (2014, background): “Landier (2005), for example, quotes an engineer in Silicon Valley in the United States who states: “here in Silicon Valley it is the mark of the entrepreneurial spirit (p. 24).””
Entrepreneurial role models, fear of failure, and institutional approval of entrepreneurship: a tale of two regions (2016, background): “In the case that their businesses would fail, these people will probably face stigmatization and little support to re-enter entrepreneurship (Metzger, 2006) or even paid employment in the community (Landier, 2005).”
Bankruptcy Law and Entrepreneurship Development: A Real Options Perspective (2007, background): “For example, approximately 50 percent of American entrepreneurs who had filed Chapter 7 liquidation bankruptcy for their start-ups in 1989 –1993 resumed a new venture by 1993 (Landier, 2001).”
Moving forward: Balancing the financial and emotional costs of business failure (2009, background): “Although it is reported that some venture capitalists view business failure as a badge of honor ( Landier, 2004 ), most investors view it as a blight on a entrepreneur's track record making it more difficult and/or more costly to acquire equity and debt capital (Lee et al., 2007).”
Bankruptcy Codes and Innovation (2009, unknown): “In another related paper, Landier (2006) considers a setting with endogenous cost of entrepreneurial failure and shows that there might be multiple equilibria, one that fosters experimentation and one that promotes conservatism.”
Individual responses to firm failure : Appraisals, grief, and the influence of prior failure experience (2014, background): “For example, Cope (2011) found that entrepreneurs who experienced failure in the Silicon Valley – where tolerance of failure is high (Landier, 2005) – also felt emotional and financial loss as a result of failure.”
Local Industrial Conditions and Entrepreneurship: How Much of the Spatial Distribution Can We Explain? (2009, methodology): “We then turn to the agglomeration hypotheses of Marshall (1920) and Chinitz (1961).”
Venture failure, stigma, and impression management: A self‐verification, self‐determination view (2011, background): “Although it is reported that some venture capitalists view business failure as a badge of honor (Landier, 2004), many other stakeholders view it as a blight on an entrepreneur’s record, making it more diffi cult and/or more costly to access capital (Lee, Peng, and Barney, 2007).”
Consequences of cultural practices for entrepreneurial behaviors (2013, unknown): “…orderly and consistent world of regular employment, and subsequently fails with the entrepreneurial venture, we may expect the social stigma of such failure to be particularly harsh in rule-based societies, and re-entry to the rule-based employment world consequently more difficult (Landier, 2005).”
Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines (2015, unknown): “Miracky (1993) further extends the work of Glaeser et al.”
Entrepreneurial exit and entrepreneurial engagement (2011, background): “Another example of a model describing the strategic choices behind business dynamics is that of Landier (2005), which has the distinctions of rendering the stigma of failure endogenous and of establishing a link between entrepreneurial ability and the likelihood of exit followed by reentry.”