Entrepreneurial failure: Statistical and psychological explanations

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The Role of Accelerator Designs in Mitigating Bounded Rationality in New Ventures (2018, background): “A fundamental challenge for new ventures is accessing, interpreting, and processing the information needed to recognize and realize an opportunity (Stinchcombe, 1965; Artinger and Powell, 2016).”
Entrepreneurial Failure: A Synthesis and Conceptual Framework of its Effects (2020, background): “Researchers examined multiple types of causes, such as statistical versus psychological (Artinger and Powell, 2016) or objective versus subjective ones (Jenkins and McKelvie, 2016).”
Designing Entrepreneurship Experiments (2017, methodology): “The cognitive and emotional effects of business failure provide good examples (Artinger & Powell, 2015; Shepherd & Patzelt, 2015).”
Psychological capital and the startup capital–entrepreneurial success relationship (2016, background): “Empirical evidence in Artinger and Powell (2015) study shows that entrepreneurs’ overconfidence is an antecedent of venture failure.”
The Effects of Business Failure Experience on Successive Entrepreneurial Engagements: An Evolutionary Phase Model (2018, background): “Given the prevalence of reported cases of business failures (Artinger & Powell, 2016), scholars are concerned about the dearth of scholarly research on the drivers and consequences of entrepreneurial business failure (Mantere, Aula, Schildt, & Vaara, 2013), with some contemporary entrepreneurship…”