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

Autor: Jiangru Wei, Yuting Chen, Jing Zhang, Yonghua Gong
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Frontiers in Psychology, Vol 10 (2019)
Druh dokumentu: article
ISSN: 1664-1078
DOI: 10.3389/fpsyg.2019.01304
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, 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: Directory of Open Access Journals