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題名 Comeback of the Failed Entrepreneur: An Integrated View of Costs, Learning, and Residual Resources Associated with Entrepreneurial Failure
作者 鄭至甫
Jeng, Don Jyh-Fu
Hung, Ta Huy
貢獻者 科管智財所
關鍵詞 Failed entrepreneur ; Entrepreneurial failure costs ; Learning from entrepreneurial failure ; Entrepreneurial resource ; Venture restart intention
日期 2019-04
上傳時間 25-Dec-2019 10:27:35 (UTC+8)
摘要 Although failure can be financially, socially, and psychologically costly, it can promote future entrepreneurial success. This study investigated how failure can be utilized as a springboard for new ventures by considering the cost recognition, learning ability, and resources of entrepreneurs within a social environment. Failure costs, learning outcomes, and residual resources following business failure and how they influence the intention to undertake subsequent entrepreneurial endeavors were considered. With the motivation–opportunity–ability (MOA) framework as a theoretical foundation, we quantitatively analyzed the sample, which comprised 216 entrepreneurs who had experienced business failure. Perceived residual resources were a major factor affecting an entrepreneur’s decision-making in subsequent ventures, even when the entrepreneur had learned from failure and overcome the associated costs. Additionally, the psychological costs incurred exhibited a nonsignificant effect on learning from failure. Based on the MOA framework, failure costs can be regarded as learning opportunities for an entrepreneur as well as drivers promoting the intention to resume business. Such intentions are mediated by the learning ability of entrepreneurs and moderated by motivation in terms of residual resources. This study provides a holistic view re-examining the mechanisms of frustrated entrepreneurs to identify opportunities and evaluate resources.
關聯 Journal of Small Business Strategy, 29:1, pp.30-42
資料類型 article
dc.contributor 科管智財所
dc.creator (作者) 鄭至甫
dc.creator (作者) Jeng, Don Jyh-Fu
dc.creator (作者) Hung, Ta Huy
dc.date (日期) 2019-04
dc.date.accessioned 25-Dec-2019 10:27:35 (UTC+8)-
dc.date.available 25-Dec-2019 10:27:35 (UTC+8)-
dc.date.issued (上傳時間) 25-Dec-2019 10:27:35 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/128006-
dc.description.abstract (摘要) Although failure can be financially, socially, and psychologically costly, it can promote future entrepreneurial success. This study investigated how failure can be utilized as a springboard for new ventures by considering the cost recognition, learning ability, and resources of entrepreneurs within a social environment. Failure costs, learning outcomes, and residual resources following business failure and how they influence the intention to undertake subsequent entrepreneurial endeavors were considered. With the motivation–opportunity–ability (MOA) framework as a theoretical foundation, we quantitatively analyzed the sample, which comprised 216 entrepreneurs who had experienced business failure. Perceived residual resources were a major factor affecting an entrepreneur’s decision-making in subsequent ventures, even when the entrepreneur had learned from failure and overcome the associated costs. Additionally, the psychological costs incurred exhibited a nonsignificant effect on learning from failure. Based on the MOA framework, failure costs can be regarded as learning opportunities for an entrepreneur as well as drivers promoting the intention to resume business. Such intentions are mediated by the learning ability of entrepreneurs and moderated by motivation in terms of residual resources. This study provides a holistic view re-examining the mechanisms of frustrated entrepreneurs to identify opportunities and evaluate resources.
dc.format.extent 607299 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Small Business Strategy, 29:1, pp.30-42
dc.subject (關鍵詞) Failed entrepreneur ; Entrepreneurial failure costs ; Learning from entrepreneurial failure ; Entrepreneurial resource ; Venture restart intention
dc.title (題名) Comeback of the Failed Entrepreneur: An Integrated View of Costs, Learning, and Residual Resources Associated with Entrepreneurial Failure
dc.type (資料類型) article