Failure learning: fast and furious or keep calm and carry on

The research provides new insights into entrepreneurial failure learning. The ability to learn is a crucial skill in a rapidly changing environment and there is the need for a greater facility of apperception, asking for mixed methods to study the phenomenon. Interpretative phenomenological analysis...

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Bibliographic Details
Published inICSB World Conference Proceedings pp. 1 - 10
Main Author Heinze, Ilka
Format Conference Proceeding
LanguageEnglish
Published Washington International Council for Small Business (ICSB) 01.01.2019
Subjects
Business failures
Decision making
Entrepreneurs
Entrepreneurship
Learning
Narratives
Personality
Personality traits
Europe
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Summary:The research provides new insights into entrepreneurial failure learning. The ability to learn is a crucial skill in a rapidly changing environment and there is the need for a greater facility of apperception, asking for mixed methods to study the phenomenon. Interpretative phenomenological analysis (IPA) highlights several complex experiences, either strengthening or reducing failure learning. Additionally, a Q-sort design discovers factors representing shared ways of failure learning. The last part of the study compares social styles with failure learning strategies. The findings are relevant for scholars and entrepreneurship educators taking an interest in failure learning.