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phenomenon at organizational and societal level. Failure is the most highly motivated individuals’ only steps to success. … entrepreneurial individual success and, of course, to promote and develop entrepreneurship. As such, this paper focuses on this topic …
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The main purpose of this paper is to investigate the relationship between knowledge-based innovation in an economy and new firm creation or company bankruptcy, as outcomes of the entrepreneurial process. Based on panel estimations for 16 regions in Poland, each of six years (2003-2008), the...
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Objective: The objective of the article is to investigate how cognitive framing of initiative failure affects strategic … intention to make explorative and exploitative choices in response to initiative failure. The study finds that – under the … condition of uncertainty - the experience of initiative failure increases entrepreneurs’ (decreases managers’) willingness to …
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