Research on Factors Affecting the Entrepreneurial Learning From Failure: An Interpretive Structure Model

Autor: Yuting Chen, Jing Zhang, Yonghua Gong, Jiangru Wei
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Frontiers in Psychology
Frontiers in Psychology, Vol 10 (2019)
ISSN: 1664-1078
Popis: Based on the interpretive structure model of system dynamics, this paper constructs a hierarchical structure model of factors affecting the entrepreneurial learning from failure, which has been also tested through a case of entrepreneurship. The study finds that: (1) there are 15 factors influencing entrepreneurial learning from failure that play different hierarchical roles; (2) the entrepreneurs’ self-efficacy, as a key influencing factor of entrepreneurial learning from failure, can be cultivated and improved by enriched the entrepreneurs’ successful career experience. In addition, the emotion regulation after the entrepreneurial failure is also a key influencing factor of the entrepreneurial learning from failure and the emotion management is deemed as an important part of entrepreneurship education; (3) the entrepreneurial education may affect the entrepreneurship learning from failure indirectly by affecting the entrepreneurs’ self-efficacy; (4) the economic conditions, the policy support, the industry characteristics and the cultural sensemaking of failure are the macro factors that may affect the entrepreneurship learning from failure.
Databáze: OpenAIRE