From riches to rags: a narrative approach to entrepreneurs' experience of venture failure

aut.conference.typeOral Presentation - Paper Presentation
aut.researcherCorner, Patricia
dc.contributor.authorSingh, S
dc.contributor.authorCorner, P
dc.contributor.authorPavlovich, K
dc.date.accessioned2013-09-16T23:27:16Z
dc.date.accessioned2013-09-16T23:27:30Z
dc.date.available2013-09-16T23:27:16Z
dc.date.available2013-09-16T23:27:30Z
dc.date.copyright2013
dc.date.issued2013
dc.description.abstractThis paper investigates entrepreneurs’ experience of stigma associated with venture failure. We implement a narrative approach to understand how stigma was experienced personally by entrepreneurs. Findings draw on the lived experience of 12 entrepreneurs and tell a collective story of what stigma meant and how it affected entrepreneurs’ actions, behaviors, and decisions as they anticipated, enacted, and moved beyond venture failure. Overall the paper shifts the focus of stigma research from the socio-cultural perspective that constitutes the bulk of research to date, to the level of the microprocesses underlying these socio-cultural trends. Importantly, findings show how entrepreneurial failure engendered epiphanies or sudden deep insights for entrepreneurs that ultimately transformed failure from a very negative to a positive life experience. This transformation inspired entrepreneurs to contribute their knowledge gained through failure to future entrepreneurial efforts, even if these efforts were not their own. We discuss implications of findings for failed entrepreneurs’ future start-ups and for the application of learning from venture failure.
dc.identifier.citationAcademy of Management held at Disney World, Lake Buena Vista, Florida, USA, 2013-08-09 to 2013-08-13
dc.identifier.urihttps://hdl.handle.net/10292/5670
dc.publisherAcademy of Management (AOM)
dc.relation.replaceshttp://hdl.handle.net/10292/5669
dc.relation.replaces10292/5669
dc.relation.urihttp://program.aomonline.org/2013/pdf/AOM_2013_Annual_Meeting_Program.pdf
dc.rightsNOTICE: this is the author’s version of a work that was accepted for publication. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in (see Citation). The original publication is available at (see Publisher's Version).
dc.rights.accessrightsOpenAccess
dc.subjectEntrepreneurial failure
dc.subjectFailure stigma
dc.subjectNarrative inquiry
dc.titleFrom riches to rags: a narrative approach to entrepreneurs' experience of venture failure
dc.typeConference Contribution
pubs.elements-id155905
pubs.organisational-data/AUT
pubs.organisational-data/AUT/Business & Law
pubs.organisational-data/AUT/Business & Law/Management
pubs.organisational-data/AUT/Business & Law/Management/Management PBRF 2012
pubs.organisational-data/AUT/Business & Law/NZWRI - NZ Work Research Institute
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