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.

Typ: Angemeldeter Vortrag
Veranstaltung: The 78th Annual Meeting of the Academy of Management (Chicago)
Datum: 14.08.2018


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
  • Science to Science (Qualitätsindikator: I)
Klassifikationsraster der zugeordneten Organisationseinheiten:
  • Überwiegend international
  • Ja
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