The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study
Failure is something which most people probably try to avoid. However, even though entrepreneurial failure can put the entrepreneur through emotional, social and financial stress, it can also be viewed as a learning experience (Ucbasaran et al., 2013) and as an opportunity for the entrepreneur to ga...
Main Authors: | , , |
---|---|
Format: | Others |
Language: | English |
Published: |
Högskolan i Jönköping, Internationella Handelshögskolan
2019
|
Subjects: | |
Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-44197 |
id |
ndltd-UPSALLA1-oai-DiVA.org-hj-44197 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-UPSALLA1-oai-DiVA.org-hj-441972019-06-26T22:11:41ZThe Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case studyengAnicic, SandroOrahem Gorge, EtanaPeychev, KirilHögskolan i Jönköping, Internationella HandelshögskolanHögskolan i Jönköping, Internationella HandelshögskolanHögskolan i Jönköping, Internationella Handelshögskolan2019Entrepreneurial FailureEntrepreneurial LearningHuman CapitalBusiness AdministrationFöretagsekonomiFailure is something which most people probably try to avoid. However, even though entrepreneurial failure can put the entrepreneur through emotional, social and financial stress, it can also be viewed as a learning experience (Ucbasaran et al., 2013) and as an opportunity for the entrepreneur to gain human capital like knowledge and skills (Quan & Huy, 2014).The purpose of this thesis is to investigate what impact business failure and human capital have on the entrepreneurial learning of habitual entrepreneurs. Drawing on theory from the field of entrepreneurial failure, human capital and learning, this multiple case study has investigated eight habitual entrepreneurs qualitatively through semi-structured interviews. The findings suggest that entrepreneurial failure is strongly connected to learning regardless of whether the failure is a bankruptcy or a smaller failure, and on the other hand that financial cost after failure can act as a barrier to learning. In addition, the findings suggest that human capital is is both an outcome of learning, in the sense that knowledge and skills increase with learning, but also that human capital is an enhancer of further learning as well. This implies that entrepreneurs on one hand should be aware of the risks of suffering financially after a failure, but on the other hand that failure can potentially be beneficial and positive as well due to the learning, knowledge and skills it generates. Student thesisinfo:eu-repo/semantics/bachelorThesistexthttp://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-44197application/pdfinfo:eu-repo/semantics/openAccess |
collection |
NDLTD |
language |
English |
format |
Others
|
sources |
NDLTD |
topic |
Entrepreneurial Failure Entrepreneurial Learning Human Capital Business Administration Företagsekonomi |
spellingShingle |
Entrepreneurial Failure Entrepreneurial Learning Human Capital Business Administration Företagsekonomi Anicic, Sandro Orahem Gorge, Etana Peychev, Kiril The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
description |
Failure is something which most people probably try to avoid. However, even though entrepreneurial failure can put the entrepreneur through emotional, social and financial stress, it can also be viewed as a learning experience (Ucbasaran et al., 2013) and as an opportunity for the entrepreneur to gain human capital like knowledge and skills (Quan & Huy, 2014).The purpose of this thesis is to investigate what impact business failure and human capital have on the entrepreneurial learning of habitual entrepreneurs. Drawing on theory from the field of entrepreneurial failure, human capital and learning, this multiple case study has investigated eight habitual entrepreneurs qualitatively through semi-structured interviews. The findings suggest that entrepreneurial failure is strongly connected to learning regardless of whether the failure is a bankruptcy or a smaller failure, and on the other hand that financial cost after failure can act as a barrier to learning. In addition, the findings suggest that human capital is is both an outcome of learning, in the sense that knowledge and skills increase with learning, but also that human capital is an enhancer of further learning as well. This implies that entrepreneurs on one hand should be aware of the risks of suffering financially after a failure, but on the other hand that failure can potentially be beneficial and positive as well due to the learning, knowledge and skills it generates. |
author |
Anicic, Sandro Orahem Gorge, Etana Peychev, Kiril |
author_facet |
Anicic, Sandro Orahem Gorge, Etana Peychev, Kiril |
author_sort |
Anicic, Sandro |
title |
The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
title_short |
The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
title_full |
The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
title_fullStr |
The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
title_full_unstemmed |
The Effect of Entrepreneurial Failure and Human Capital on Learning : A multiple case study |
title_sort |
effect of entrepreneurial failure and human capital on learning : a multiple case study |
publisher |
Högskolan i Jönköping, Internationella Handelshögskolan |
publishDate |
2019 |
url |
http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-44197 |
work_keys_str_mv |
AT anicicsandro theeffectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy AT orahemgorgeetana theeffectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy AT peychevkiril theeffectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy AT anicicsandro effectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy AT orahemgorgeetana effectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy AT peychevkiril effectofentrepreneurialfailureandhumancapitalonlearningamultiplecasestudy |
_version_ |
1719209479362314240 |