Work

Rising from Failure, Staying Down, or More of the Same? An Inductive Study of Entrepreneurial Reentry

Year: 2019

Type: article

Abstract: Drawing on a multiyear qualitative study, we explore the phenomenon of reentry into venturing after a failure. The primary finding and contribution of this study is a pathway by which interactions of failure attributions and emotions lead to effective entrepreneurial reentry in the aftermath of a failure. Specifically, we identify three trajectories of reentry: separation (reentry with minimal modifications), reinforcement (no reentry), and metamorphosis (reentry with substantial modifications). We describe the differences between the trajectories and detail three dimensions of our primary contribution: negative emotions are not necessarily an obstacle to reentry, as previously thought; perceived controllability is critical in explaining reentry; and the evolution of attributional/emotional responses over time as a result of the interplay between these concepts is central to explaining effective reentry.

Source: Academy of Management Discoveries

DOI: 10.5465/amd.2018.0047

Authors: Trenton Alma Williams, Sara Thorgren, Ida Lindh

Institutions: Indiana University Bloomington, Indiana University, Luleå University of Technology, Skellefteå Municipality

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2943922017

FWCI: 10.02

Cites: 87

Cited by: 50

Related to: 10