Titel: A Learning Perspective on Business Failure: A Qualitative Study of Austrian Entrepreneurs

Entrepreneurial failure is an emerging field of research. Dynamic models, which cover the entire process of failure, remain rare. The study aims to get a better understanding of the process of business failure, while analysing the phenomenon through a learning lens. We use a dynamic perspective on entrepreneurial learning proposed by Jason Cope, which puts emphasis on the processual nature of learning and addresses learning in the context of critical life experiences. Semi-structured interviews with 18 entrepreneurs from knowledge-intensive sectors in Austria, who experienced business failure, constitute the basis for qualitative content analysis. Business failure revealed itself to be a unique opportunity to learn for these entrepreneurs. They particularly learned in the fields of management of product development, hedging of start-up capital and strategic management. Further, they emphasized important learnings in the area of personal development. Five entrepreneurs from our sample launched a new business again and reported about achieving growth in terms of company size. With the study, we hope to contribute to the entrepreneurship research on failure by providing a comprehensive picture of experiencing and learning from failure through investigating this phenomenon from the pre-failure stage until re-engagement, especially in the context of high-potential entrepreneurs.

Publikationstyp: Beitrag in Sammelwerk (Autorenschaft)
Art der Veröffentlichung Online Publikation
Erschienen in: Academy of Management Annual Meeting Proceedings 2018
Academy of Management Annual Meeting Proceedings 2018
zur Publikation
 ( Academy of Management; G. Atinc )
Erscheinungsdatum: 09.07.2018
Titel der Serie: -
Bandnummer: -
Erstveröffentlichung: Ja
Version: -
Seite: S. 11684


ISSN: 2151-6561
DOI: -
AC-Nummer: -
Open Access
  • Online verfügbar (nicht Open Access)


Organisation Adresse
Fakultät für Wirtschaftswissenschaften
Institut für Innovationsmanagement und Unternehmensgründung
Universitätsstraße 65-67
9020 Klagenfurt
  -994050 , -994081
zur Organisation
Universitätsstraße 65-67
AT - 9020  Klagenfurt
Fakultät für Kulturwissenschaften
Institut für Psychologie
Abteilung für Entwicklungspsychologie
Universitätsstrasse 65-67
9020 Klagenfurt
  +43 463 2700 991604
zur Organisation
Universitätsstrasse 65-67
AT - 9020  Klagenfurt


  • 5020 - Wirtschaftswissenschaften
  • Unternehmertum
Peer Reviewed
  • Ja
  • Science to Science (Qualitätsindikator: I)
Klassifikationsraster der zugeordneten Organisationseinheiten:
Arbeitsgruppen Keine Arbeitsgruppe ausgewählt


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