Boso, N orcid.org/0000-0001-7043-4793, Adeleye, I, Donbesuur, F et al. (1 more author) (2019) Do entrepreneurs always benefit from business failure experience? Journal of Business Research, 98. pp. 370-379. ISSN 0148-2963
Abstract
Business failure and its effect on entrepreneurial engagement has attracted substantial scholarly attention in entrepreneurship research. We contend that knowledge is lacking on the entrepreneurial learning mechanism and entrepreneurial alertness condition under which business failure experience influences new venture performance. In an empirical examination of 240 entrepreneurs operating in multiple industries in a sub-Saharan African country, we use a longitudinal data set to show that business failure experience does not always influence new venture performance. Rather, business failure experience influences new venture performance when it is channelled through entrepreneurial learning under conditions of increasing levels of entrepreneurial learning and a greater degree of alertness to new business opportunities. We discuss these findings and provide avenues for extending this emerging area of scholarly research.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2018 Elsevier Inc. This is an author produced version of a paper published in Journal of Business Research. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Business failure experience; Learning from failure; Entrepreneurial alertness; New venture performance; Sub-Saharan Africa |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Marketing Division (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 20 Feb 2018 11:11 |
Last Modified: | 15 Aug 2019 00:42 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jbusres.2018.01.063 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:127679 |