The DOI matches its Crossref record; 8 of the 8 references it cites were found in a registry or an index.
Entrepreneurial resilience and venture failure
Abstract
This article explores the emotional and psychological functioning of entrepreneurs after venture failure. Accordingly, it investigates the extent to which entrepreneurs exhibit resilience, defined by psychologists as stability in functioning over time, despite experiencing a traumatic event. Entrepreneurial resilience is rarely investigated in the context of failure despite it being a debilitating experience. Our exploration is critical to venture creation as resilience plays a key role in re-entry into entrepreneurship. A qualitative, narrative research design reveals how 11 entrepreneurs functioned after failure. The majority of entrepreneurs show resilience; that is, they exhibit stable levels of functioning. This stability is different from the disruptions in functioning that psychologists label as ‘recovery’ from a severe event. Our findings, therefore, challenge the assumption that recovery is required after venture failure. Implications for re-entry into entrepreneurship and learning from, and coping with, failure are explored.
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Cites
Qualitative Inquiry and Research Design: Choosing Among Five Approaches
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Fredrickson, B. L. (2001) · American Psychologist · doi:10.1037//0003-066x.56.3.218 · Cited by 18,025
Development of a new resilience scale: The Connor-Davidson Resilience Scale (CD-RISC)
Connor, K. M., & Davidson, J. R. T. (2003) · Depression and Anxiety · doi:10.1002/da.10113 · Cited by 11,793
Ordinary magic: Resilience processes in development.
Masten, A. S. (2001) · American Psychologist · doi:10.1037/0003-066x.56.3.227 · Cited by 8,497 · cited 3×
“Researchers labelled these children ‘resilient’, seeking to ascertain what enabled stability in functioning (Bonanno, 2004; Masten, 2001).”
Bonanno, G. A. (2004) · American Psychologist · doi:10.1037/0003-066x.59.1.20 · Cited by 6,851
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Resilience to loss and potential trauma
Bonanno, G. A., Westphal, M., & Mancini, A. D. (2011) · Annual Review of Clinical Psychology · doi:10.1146/annurev-clinpsy-032210-104526 · Cited by 1,250
Uses and abuses of the resilience construct: Loss, trauma, and health-related adversities
Bonanno, G. A. (2012) · Social Science & Medicine · doi:10.1016/j.socscimed.2011.11.022 · Cited by 309
Cited by
Resilience in the Workplace: A Multilevel Review and Synthesis
Hartmann, S., Weiss, M., Newman, A., & Hoegl, M. (2020) · Applied Psychology · doi:10.1111/apps.12191 · Cited by 521
Khurana, I., Dutta, D. K., & Singh Ghura, A. (2022) · Journal of Business Research · doi:10.1016/j.jbusres.2022.06.048 · Cited by 443
Rethinking organizational resilience and strategic renewal in SMEs
Herbane, B. (2019) · Entrepreneurship & Regional Development · doi:10.1080/08985626.2018.1541594 · Cited by 375
Metadata
- Authors
- Corner, P. D., Singh, S., & Pavlovich, K.
- Venue
- International Small Business Journal: Researching Entrepreneurship
- Publisher
- SAGE Publications
- Published
- 2017-02-15
- Volume
- 35
- Issue
- 6
- Pages
- 687-708
- ISSN
- 0266-2426 (ISSN-L)
- 1741-2870
- OpenAlex
- W2588846710
- Cited by
- 241
- References
- 8
- FWCI
- 14.55
- Type
- journal article
- Language
- en
- Open access
- closed
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