How Social Entrepreneurs Respond to Enterprise Failure
Date
Authors
Supervisor
Item type
Journal Article
Degree name
Journal Title
Journal ISSN
Volume Title
Publisher
Taylor and Francis
Abstract
Given that little research examines how social entrepreneurs respond to venture failure, the first aim of this conceptual paper is to explore the cognitive, affective and behavioural responses of social entrepreneurs to the demise of their organisations. The second aim is to explore four factors that contribute to these responses: values, motives, personality, and identity. The third aim is to compare responses to failure in social entrepreneurship to failure in commercial entrepreneurship. Literature was sought that focuses on responses to commercial and social entrepreneurship failure, supported by studies in management, organisational behaviour and social psychology. Despite the paucity of empirical research into how failure social entrepreneurs experience failure, we argue that the dual goals of social entrepreneurs (financial and social) place a more significant burden on them than commercial entrepreneurs when their enterprises fail. While negative responses are common, more constructive reactions are possible. The nature of the responses and their underlying factors are captured in a new model of responses to failure in social entrepreneurship, propositions are presented and several directions for future research are indicated.Description
Source
Journal of Social Entrepreneurship, Retrieved from: https://doi.org/10.1080/19420676.2021.1890189
Publisher's version
Rights statement
Copyright © 2021 Taylor & Francis. Authors retain the right to place his/her pre-publication version of the work on a personal website or institutional repository as an electronic file for personal or professional use, but not for commercial sale or for any systematic external distribution by a third. This is an electronic version of an article published in (see Citation). Journal of Social Entrepreneurship is available online at: www.tandfonline.com with the open URL of your article (see Publisher’s Version).