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Journal ArticleDOI

Life After Business Failure The Process and Consequences of Business Failure for Entrepreneurs

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TLDR
In this paper, the authors examine the financial, social, and psychological costs of failure, highlighting factors that may influence the magnitude of these costs (including individual responses to managing these costs).
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This article is published in Journal of Management.The article was published on 2013-01-01. It has received 514 citations till now. The article focuses on the topics: Business failure & Entrepreneurship.

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Attributes of legitimate venture failure impressions

TL;DR: In this article, the authors investigated the effectiveness of impression management strategies available to entrepreneurs to foster social legitimacy with stakeholders following venture failure and found that the most effective strategy proves to be the entrepreneurs distancing themselves from the failure, in that they attribute the failure to external factors that are not under the entrepreneurs' volitional control, and brought about by circumstances that are unlikely to reoccur.
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Bouncing Back from Failure: Entrepreneurial Resilience and the Internationalisation of Subsequent Ventures Created by Serial Entrepreneurs

TL;DR: In this paper, the authors examined the impact over international propensity of past negative entrepreneurial experience for those who re-enter into entrepreneurial activity referred to as resilient serial entrepreneurs and highlighted the link between the past entrepreneurial experience of resilient entrepreneurs and their subsequent propensity towards international markets.
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Do you plead guilty? Exploring entrepreneurs’ sensemaking-behavior link after business failure

TL;DR: In this article, the authors explore how the perceived cause of business failure influences an entrepreneur's decision to start another business or to abandon entrepreneurship, and find that the attributional dimensions of locus of causality, controllability, and stability explain a large proportion of novice, serial, and portfolio entrepreneurs' subsequent behavior in terms of abandoning entrepreneurial activity after business failure.
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Gender gaps and reentry into entrepreneurial ecosystems after business failure

TL;DR: The authors investigated the variance in gender gaps related to the reentry decisions of 8171 entrepreneurs from 35 countries who experienced business failures and found evidence of persisting gender gaps that vary across ecosystem conditions of public stigma of business failure and public fear of failure, which shed new light on ecosystem inefficiencies that arise from multiple interactions between entrepreneurs and institutions.
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Corporate Crisis and Sustainable Reorganization: Evidence from Bankrupt Austrian SMEs

TL;DR: In this paper, the authors identify factors and resources that a small and medium-sized enterprise (SME) should consider to avoid bankruptcy and failure, since bankruptcies are costly and disruptive.
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The psychology of interpersonal relations

TL;DR: The psychology of interpersonal relations as mentioned in this paper, The psychology in interpersonal relations, The Psychology of interpersonal relationships, کتابخانه دیجیتال و فن اطلاعات دانشگاه امام صادق(ع)
Book

Sensemaking in organizations

Karl E. Weick
TL;DR: The Nature of Sensemaking Seven properties of sensemaking Sensemaking in Organizations Occasions for Sensemaking The Substance of Sense-making Belief-Driven Processes of Sense Making Action-driven Processes on Sensemaking.
Journal ArticleDOI

Social cognitive theory: An agentic perspective

TL;DR: Social cognitive theory distinguishes among three modes of agency: direct personal agency, proxy agency that relies on others to act on one's behest to secure desired outcomes, and collective agency exercised through socially coordinative and interdependent effort.
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