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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
business, management and accounting
Entrepreneurial Failure: A Synthesis and Conceptual Framework of its Effects
European Management Review, Volume 18, No. 1, Year 2021
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Description
Failure is not the outcome which entrepreneurs strive for when they start their businesses. However, thousands of entrepreneurs fail each year, experiencing painful and damaging consequences in their professional and private lives. Current knowledge on entrepreneurial failure is quite fragmentary. Our study aims at integrating knowledge on the effects of entrepreneurial failure. Departing from a systematic literature review, we develop a multilevel framework of entrepreneurial failure effects which categorises: (1) their manifestations over time; (2) the directness of the link to the failure event; (3) the degree of impact on the failed entrepreneur; and (4) the level of long-term outcomes generated. Our findings reveal a broad scope of multilevel impacts of entrepreneurial failure. © 2020 The Authors. European Management Review published by John Wiley & Sons Ltd on behalf of European Academy of Management (EURAM)
Authors & Co-Authors
Klimas, Patrycja
Poland, Wroclaw
Uniwersytet Ekonomiczny we Wrocławiu
Czakon, Wojciech
Poland, Krakow
Uniwersytet Jagielloński
Kraus, Sascha
United Kingdom, Durham
Durham University Business School
Maâlaoui, Adnane
Unknown Affiliation
Statistics
Citations: 48
Authors: 4
Affiliations: 4
Identifiers
Doi:
10.1111/emre.12426
ISSN:
17404754
Study Approach
Systematic review