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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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Journal ArticleDOI

Business failure and institutions in entrepreneurship: a systematic review and research agenda

TL;DR: This article provided a fine-grained and comprehensive review of the relevant literature and developed an agenda to guide future research on business failure and entrepreneurial decisions/behaviors, which is a common outcome for entrepreneurs.
Journal ArticleDOI

Overconfidence: A common psychological attribute of entrepreneurs which leads to firm failure

TL;DR: In this article, a qualitative review of entrepreneurship literature was performed and three formal propositions were developed, namely that the majority of entrepreneurs are overconfident in their personal capabilities and the prospects for their new ventures, which leads to errors in judgment that results in financial underperformance and failure found among most new ventures.

Exploring Leadership Skills for the Sustainability of Small and Medium-Sized Enterprises

TL;DR: Peters et al. as mentioned in this paper explored the leadership skills ownersmanagers used to sustain their businesses for longer than 5 years, and the findings from this study could influence positive social change by providing insights on leadership skills SME leaders could use to sustain operations for the longer term, resulting in reduced failure of SMEs.
DissertationDOI

Media judgment of entrepreneurial failure - implications for founders

TL;DR: In this article, media judgment of entrepreneurial failure implications for founders are discussed, and a discussion of the implications of failure on founders is presented. But no discussion of failures is discussed.
Journal ArticleDOI

Failing and exiting in social and commercial entrepreneurship: The role of situated cognition

TL;DR: In this paper, the authors explore the decision-making process social entrepreneurs go through when faced with a failing venture, in comparison to commercial entrepreneurs, and find that the role of situated cognition points towards the relevance of orientation and intentions to address social needs or maximize profit.
References
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Book

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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