Learning from Business Failure: Propositions of Grief Recovery for the Self-Employed

By Dean A. Shepherd. 2003

1,058 citations recorded by the source corpus.

Subfields: Clinical Psychology, Social Psychology

View Paper: https://www.semanticscholar.org/paper/644230a628b5b020723bd32fa46973230234dcb3

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Clinical Psychology

In Social Psychology

Citations in the corpus

Mental disorders in the entrepreneurship context : When Being Different Can Be an Advantage (2018, background): “Entrepreneurial failure often causes feelings of loss and negative emotions (i.e., grief) (Shepherd, 2003; Shepherd et al., 2016), and these feelings can further exacerbate some symptoms of mental disorders.”
A portfolio perspective on entrepreneurship and economic development (2015, positive): “Moreover, because most new ventures start small and stay small, they are seen as not creating a lot of jobs or wealth (Birley and Westhead 1990; Sexton and Bowman-Upton 1991; Wiklund and Shepherd 2003).”
Prior knowledge and social networks in the exploitation of entrepreneurial opportunities (2010, background): “More recently, authors like Petkova (2008), Shepherd (2003) , and Minniti and Bygrave (2001) call attention to the learning generated by entrepreneurial failure.”
Moving forward: Balancing the financial and emotional costs of business failure (2009, background): “Some may use the delay for anticipatory grieving but are not good at it. For example, Shepherd (2003) proposed that grief recovery over business failure is enhanced when the individual oscillates between a loss — confronting the loss, revisiting the events before and at the time of the death, and ”
Impact of founder experience on exit intentions (2012, background): “First, we provide evidence that entrepreneurs have specific exit strategies, many of them focused on positive harvest outcomes, indicating the importance of entrepreneurial exit, which is distinct from the extant focus on firm exit or firm failures (e.g., Shepherd 2003 ).”
Emotional Arousal and Entrepreneurial Outcomes: Combining Qualitative Methods to Elaborate Theory (2015, background): “…of joy (Welpe et al., 2012) and passion (Breugst et al., 2012; Cardon, 2008; Cardon et al., 2005, 2009, 2013; Chen et al., 2009; Drnovsek et al., 2009;Mitteness et al., 2012) as well as the negative emotions of grief (Shepherd, 2003, 2009), envy (Biniari, 2012), fear and anger (Welpe et al., 2012).”
Industry and Startup Experience on Entrepreneur Forecast Performance in New Firms (2014, positive): “13 find it unpleasant to revisit the poor performance or inaccurate evaluation of their new businesses or find it difficult to objectivity evaluate previous venturing due to positive or negative emotional responses (Shepherd 2003).”
Entrepreneurial Failure: A Synthesis and Conceptual Framework of its Effects (2020, methodology): “Indirect effects cover successive forms, from grief, through learning to recovery (Shepherd, 2003; Shepherd and Cardon, 2009).”
Should We Require Every New Venture to Be a Hybrid Organization (2016, background): “This stress of running a business can lead to strain on families, isolation, depression, and bankruptcy (Begley and Boyd, 1988; Boyd and Gumpert, 1983; Gumpert and Boyd, 1984; Shepherd, 2003).”
The Effects of Business Failure Experience on Successive Entrepreneurial Engagements: An Evolutionary Phase Model (2018, background): “However, an emerging stream of entrepreneurship research suggests that entrepreneurial business failure is a widespread phenomenon (Mathias, Williams, & Smith, 2015; McGrath, 1999; Shepherd, 2003).”
Making it personal: : Opportunity individuation and the shaping of opportunity beliefs (2014, background): “For entrepreneurs, prior experience with entrepreneurship has proven to be an especially salient consideration that guides and constrains subsequent entrepreneurial activities (Shepherd, 2003).”
Beyond Affective Valence: Untangling Valence and Activation Influences on Opportunity Identification (2015, background): “…that considers curvilinear relationships in entrepreneurship is growing (e.g., Baron et al., 2011, 2012; Cardon, Wincent, Singh, & Drnovsek, 2009; Shepherd, 2003; Shepherd, Wiklund, & Haynie, 2009), we are still searching for more complex, nonlinear relationships that more accurately depict how…”
Organizational response to adversity: Fusing crisis management and resilience research streams (2017, background): “First, negative emotions can be generated in those facing adversity, providing a clear signal that “somethingwentwrong here” that requires attention and action (McGrath, 1999; Shepherd, 2003).”
Self-Compassion When Coping With Venture Obstacles: Loving-Kindness Meditation and Entrepreneurial Fear of Failure (2019, background): “We therefore hope to encourage a stream of exciting research on the relationship between self- compassion and entrepreneurship- relevant psychological constructs such as stress, anxiety, and grief (Cardon et al., 2012; Frese & Gielnik, 2014; Rauch et al., 2018; Shepherd, 2003).”