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From Negative Emotions to Personal Growth: Failure and Re-entry into Entrepreneurship

Shore, A, Pittaway, L and Bortolotti, T (2023) From Negative Emotions to Personal Growth: Failure and Re-entry into Entrepreneurship. British Journal of Management. pp. 1-20. ISSN 1045-3172

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Abstract

This study explores how entrepreneurs’ extent of experience of business failure affects the level of negative emotional response (NER) they experience, moderating the level of personal growth that occurs after business failure. Contrary to common assumption, the study finds no significant relationship between the extent of failure experience and the level of NER. The results show that many entrepreneurs demonstrate personal growth following business failure, however, the extent of failure experience and the level of NER. This interaction moderates the level of personal growth for the entrepreneur and suggests that high levels of failure experience interfere with the level of personal growth obtained. The study contributes to theory by providing insights into the processes and consequences of entrepreneurial failure. In particular, the study brings together key threads of debate on personal growth and failure to develop and test conceptual arguments, and further explores the way entrepreneurship scholars think about emotion, business failure and its impact on the individual and society.

Item Type: Article
Uncontrolled Keywords: 1503 Business and Management; 1505 Marketing; Business & Management
Subjects: B Philosophy. Psychology. Religion > BF Psychology
H Social Sciences > HF Commerce > HF5001 Business
Divisions: Liverpool Business School
Publisher: Wiley
SWORD Depositor: A Symplectic
Date Deposited: 29 Jan 2024 16:33
Last Modified: 29 Jan 2024 16:45
DOI or ID number: 10.1111/1467-8551.12785
URI: https://researchonline.ljmu.ac.uk/id/eprint/22467
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