Narcissism and learning from entrepreneurial failure
By Yiran Liu, Yong Li, Xiling Hao, Yuli Zhang. Journal of Business Venturing, 2019
147 citations recorded by the source corpus.
Abstract Failure of a prior business provides an opportunity for an entrepreneur to learn in the subsequent entrepreneurial endeavor, but learning from failure is not guaranteed. Why do some entrepreneurs learn less from failure than others? In this study, we propose that a narcissistic personality can create cognitive and motivational obstacles to learning. We further posit that the inhibiting effect of narcissism will be more salient when the costs of failure, especially social costs, are higher. Our analysis with a survey sample of startups provides the initial empirical evidence about the negative impact of narcissism on learning from entrepreneurial failure. The study adds to research on learning from failure and narcissism in entrepreneurship.
Subfields: Clinical Psychology, Management of Technology and Innovation, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/8165f6550e0d51532c52bbc4885f8cb63ed746f1
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In Clinical Psychology
In Management of Technology and Innovation
Citations in the corpus
- Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach (2021, background): “Some may be motivated by false images, phantasies, and selfaggrandizing illusions (Hmieleski & Lerner, 2016; Liu et al., 2019), or even antisocial concerns (Baumol, 1996; Ryff, 2019).”