Moving forward: Balancing the financial and emotional costs of business failure

By Dean A. Shepherd, Johan Wiklund, J. Haynie. 2009

517 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/245004c5b0cabdbcd6b125e49d5127c8e1f6b610

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In Accounting

In Management of Technology and Innovation

In Organizational Behavior and Human Resource Management

Citations in the corpus

Entrepreneurial fear of failure: Scale development and validation (2020, background): “In such a context, where the information about necessary tasks, evaluation criteria, and competencies is ill-defined, difficult to interpret and potentially indeterminate (Shepherd et al., 2009; Ucbasaran et al., 2013), failure is not simply seen or experienced as an all or nothing outcome but begin”
The Effects of General and Specific Human Capital on Long–Term Growth and Failure of Newly Founded Businesses (2013, unknown): “However, owners may delay venture closure to some extent (Shepherd et al., 2009).”
A portfolio perspective on entrepreneurship and economic development (2015, unknown): “Lastly, if we return to the concept of failure of many of these small ventures, what are its implications in the aggregate? New venture failure is actually not well conceptualized, understood, or properly tracked across the globe (Shepherd et al. 2009).”
Practice Makes Perfect: Entrepreneurial-Experience Curves and Venture Performance (2014, unknown): “…efforts, why experience does not always lead to increased performance outcomes, and how it produces both positive-and negative-performance outcomes (e.g. Chandler, 1996; Eesley and Roberts, 2012; Gartner and Starr, 1999; Parker, 2012; Rerup, 2005; Shepherd et al., 2009; Ucbasaran et al., 2009).”
Making it personal: : Opportunity individuation and the shaping of opportunity beliefs (2014, background): “However, it is clear that business failure is an emotional experience that impacts future judgments and decisions (Hayward et al., 2010; Shepherd et al., 2009; Ucbasaran et al., 2010).”
Causal ascriptions and perceived learning from entrepreneurial failure (2015, background): “Yet such learning is not complete until a person is able to test the ideas they think they have learned (perceived learning) by applying them to a new venture (Jenkins 2012; Shepherd et al. 2009).”
Entrepreneurial Failure: A Synthesis and Conceptual Framework of its Effects (2020, background): “Learning effects: The individual‐level positives of entrepreneurial failure Scholars agree that it is crucial to recognise failure as part of a learning journey, and to understand it as the mechanism underlying the dynamic sense‐making process (Shepherd et al., 2009, 2016).”
The Causes of the Failure of New Small and Medium Enterprises in South Africa (2014, background): “This is consistent with the view of Markman et al. (2007) that personal perseverance is related to a person’s capability to persist in the face of difficulties, risks, and failure.”
Entrepreneurial resilience and venture failure (2017, background): “If corroborated, our findings challenge the implicit assumption that recovery is the pathway taken after failure (Cope, 2011; Shepherd, 2003; Shepherd et al., 2009; Ucbasaran et al., 2013; Yamakawa et al., 2015).”
What do we really mean when we talk about ‘exit’? A critical review of research on entrepreneurial exit (2014, unknown): “…ventures are singled out as the reason for entrepreneurs’ exit decisions, research has theorised on conditions underlying coping with, recovering from and potentially learning from such events (Cope, 2011; Jenkins et al., 2012; Shepherd et al., 2009), but to date there are few empirical studies.”