The DOI matches its Crossref record; 10 of the 10 references it cites were found in a registry or an index.
Falling Forward: Real Options Reasoning and Entrepreneurial Failure
Abstract
Although failure in entrepreneurship is pervasive, theory often reflects an equally pervasive antifailure bias. Here, I use real options reasoning to develop a more balanced perspective on the role of entrepreneurial failure in wealth creation, which emphasizes managing uncertainty by pursuing high-variance outcomes but investing only if conditions are favorable. This can increase profit potential while containing costs. I also offer propositions that suggest how gains from entrepreneurship may be maximized and losses mitigated.
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Citations
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Mental Disorders in the Entrepreneurship Context: When Being Different Can Be An Advantage
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Narcissism and learning from entrepreneurial failure
Liu, Y., Li, Y., Hao, X., & Zhang, Y. (2019) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2019.01.003 · Cited by 172
Towards a taxonomy of entrepreneurial learning experiences among potential entrepreneurs
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How data-driven entrepreneur analyzes imperfect information for business opportunity evaluation
Canakoglu, E., Erzurumlu, S. S., & Erzurumlu, Y. O. (2018) · IEEE Transactions on Engineering Management · doi:10.1109/tem.2018.2826983 · Cited by 47
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Metadata
- Authors
- McGrath, R. G.
- Venue
- The Academy of Management Review
- Publisher
- Academy of Management
- Published
- 1999-01
- Volume
- 24
- Issue
- 1
- Pages
- 13
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2158222839
- Cited by
- 1,476
- References
- 10
- FWCI
- 40.73
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
