Amankwah-Amoah, J, Boso, N orcid.org/0000-0001-7043-4793 and Antwi-Agyei, I (2018) The Effects of Business Failure Experience on Successive Entrepreneurial Engagements: An Evolutionary Phase Model. Group & Organization Management, 43 (4). pp. 648-682. ISSN 1059-6011
Abstract
This study draws insights from the literatures on entrepreneurial learning from failure and organizational imprinting to develop an evolutionary phase model to explain how prior business failure experience influences successive newly started businesses. Using multiple case studies of entrepreneurs located in an institutionally developing society in Sub-Sahara Africa, we uncover four distinctive phases of postentrepreneurial business failure: grief and despair, transition, formation, and legacy phases. We find that while the grieving and transition phases entailed processes of reflecting and learning lessons from the business failure experiences, the formation and legacy phases involve processes of imprinting entrepreneurs’ experiential knowledge on their successive new start-up firms. We conclude by outlining a number of fruitful avenues for future research.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © 2016, The Author(s). This is an author produced version of a paper published in Group & Organization Management. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | business failure; entrepreneurial learning; imprinting; entrepreneurial engagement |
Dates: |
|
Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Marketing Division (LUBS) |
Depositing User: | Symplectic Publications |
Date Deposited: | 24 May 2016 10:38 |
Last Modified: | 04 Jul 2018 12:47 |
Status: | Published |
Publisher: | SAGE Publications |
Identification Number: | 10.1177/1059601116643447 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:99629 |