|
|
|
| Study on the Influence of Entrepreneurial Failure on Risk Decision of Restarting Business:Based on Series Mediation Model |
| Yang Junping,Zhang Mengjie,Bao Shiyun |
| (School of Economics and Management, Zhejiang Sci-tech University, Hangzhou 310000, China) |
|
|
|
|
Abstract Entrepreneurship is a powerful catalyst for economic growth, but it is accompanied by huge risks and challenges.Failure is inevitable, and re-entrepreneurship after failure is also of great research value.In the past, most studies on entrepreneurial failure regarded failure as a fixed fact and analyzed the causes, impacts and countermeasures of failure, ignoring the impact of what happened to entrepreneurs in the process of failure on their subsequent entrepreneurial activities.Based on this, from the perspective of time, entrepreneurial failure is divided into failure premonition before the actual occurrence of failure and failure cost after the actual occurrence of failure.In combination with entrepreneurs’ sense of self-efficacy, a series mediation model is constructed.The results show that failure premonition can promote the risk decision of restarting business, while failure cost can inhibit the risk decision of restarting business.Failure cost and self-efficacy play an intermediary role between failure premonition and risk decision of restarting business respectively.The mediating effect of failure cost and self-efficacy between failure premonition and risk decision is not significant.The research enriches the application scope of the re-entrepreneurship risk decision theory and provides reference for the entrepreneurs who are facing the dilemma of failure or have already started re-entrepreneurship activities.
|
|
Received: 16 May 2020
|
|
|
|
|
|
| [1] 何永清，潘杰义.再创业绩效影响因素的多案例分析[J].科学学研究,2018,36(8):1432-1441.[2] YIN Y, WANG Y, EVANS J A, et al.Quantifying dynamics of failure across science, startups, and security [J].Nature, 2019,575: 190-194.[3] 黎常.失败归因对创业者再创业行为选择的影响研究[J].科研管理,2019,40(8):145-155.[4] 徐骏辉, 赵兴庐, 张建琦.创业过程视角下创业能力对创业绩效的影响路径研究[J].中山大学学报(社会科学版), 2017, 57(1): 181-190.[5] SHEPHERD D A, WILLIAMS T A, PATZELT H.Thinking about entrepreneurial decision making: review and research agenda[J].Journal of Management, 2015, 41(1): 11-46.[6] WILSON T D,GILBERT D T.Affective forecasting:knowing what to want[J].Current Directions in Psychological Science, 2005, 14: 131-134.[7] BOYD N G, VOZIKIS G S.The influence of self-efficacy on the development of entrepreneurial intentions and actions[J].Entrepreneurship Theory and Practice, 1994, 18(1): 63-90.[8] 杨特，赵文红，吕斯尧.创业失败经历对失败学习行为影响：失败归因的作用[J].研究与发展管理,2019,31(4):4-15.[9] ZHAO H, SEIBERT S E, LUMPLIN G T.The relationship of personality to entrepreneurial intentions and performance: a meta-analytic review[J].Journal of Management,2010(2): 381-404.[10] SHEPHERD D A, WIKLUND J, HAYNIE J M.Moving forward: balancing the financial and emotional costs of business failure[J].Journal of Business Venturing, 2009, 24(2): 134-148.[11] SHEPHERD D A, CARDON M S.Negative emotional reactions to project failure and self-compassion to learn from experience[J].Journal of Management Studies, 2009, 46(6): 923-949.[12] COPE J.Entrepreneurial learning from failure: an interpretative phenomenological analysis[J].Journal of Business Venturing, 2011, 26(6): 604-623.[13] 于晓宇，汪欣悦.知难而退还是破釜沉舟——转型经济制度环境背景下的创业失败成本研究[J].现代管理科学,2011,30(2):47-50.[14] POLITIS D, GABRIELSSON J.Entrepreneurs' attitudes towards failure: an experiential learning approach[J].International Journal of Entrepreneurial Behavior and Research, 2009, 5(4): 364-383.[15] LUTHANS F, IBRAVEVA E S.Entrepreneurial self-efficacy in central Asian transition enomonics: quantitative and qualitative analyses[J].Journal of International Business Studies, 2006, 37(1): 92-110.[16] TVERSKY A, KAHNEMAN D.The framing of decisions and the psychology of choice[J].Science, 1982, 211: 453-458.[17] 郝喜玲，张玉利.认知视角下创业失败研究述评和未来展望[J].外国经济与管理,2016,38(8):3-14.[18] BYRNE O, SHEPHERD D A.Different strokes for different folks: entrepreneurial narratives of emotion, cognition and making sense of business failure[J].Entrepreneurship Theory and Practice, 2015, 39(2): 375-405.[19] 谢雅萍，陈睿君.创业失败复原研究现状探析与未来展望[J].科技进步与对策,2018,35(3):153-160.[20] 张玉利，郝喜玲，杨俊，等.创业过程中高成本时间失败学习的内在机制研究[J].管理学报,2015,12(7):1021-1027.[21] TUMASIAN A, BRAUN R.In the eye of the beholder: how regulatory focus and self-efficacy interact in influencing opportunity recognition[J].Journal of Business Venturing, 2012, 27(6): 622-636.[22] CARDON M S, STEVENS C E, POTTER D R.Misfortunes or mistakes? cultural sensemaking of entrepreneurial failure[J].Journal of Business Venturing, 2011, 26(1): 79-92.[23] SHRADER R C, SIMON M.Corporate versus independent new ventures: resource, strategy and performance differences[J].Journal of Business Venturing, 1997, 12(1): 47-66.[24] OLSEN R A.Prospect theory as an explanation of risky choice by professional investors: some evidence[J].Review of Financial Economics, 1997, 6(2): 225-232.[25] POST T, ASSEM M J, BALTUSSEN G, et al.Deal or no deal? decision making under risk in a large-payoff game show[J].The American Economic Review, 2008, 18(2): 38-71.[26] 刘永芳，毕玉芳, 王怀勇.情绪和任务框架对自我和预期他人决策时风险偏好的影响[J].心理学报,2010,42(3):317-324.[27] JENNINGS J E, BRUSH C G.Research on women entrepreneurs: challenges to (and from) the broader entrepreneurship literature[J].The Academy of Management Annals, 2013, 7(1): 663-715.[28] FACCIO M, MARCHICA M T, MURA R.CEO gender, corporate risk-taking, and the efficiency of capital allocation[J].Journal of Corporation Finance, 2016, 39 (1): 193-209.[29] 钟卫东，黄兆信.创业者的关系强度、自我效能感与创业绩效关系的实证研究[J].中国科技论坛,2012,28(1):131-137.[30] SMITA S, CORNER P, PAVLOVICH K.Coping with entrepreneurial failure[J].Journal of Management and Organization, 2007, 13(1): 331-344.[31] FORBES D P.The effects of strategic decision making on entrepreneurial self-efficacy[J].Entrepreneurship Theory and Practice, 2005, 29(5): 599-626.[32] 刘嫦娥，黄杰，谢玮.基于串联中介模型的上级无礼行为对员工创造力的影响研究[J].江苏社会科学,2018,39(3):165-174.[33] 林嵩.创业失败综述: 研究传统、前沿议题与未来机会[J].科学学与科学技术管理, 2016, 37(8): 58-67.[34] 杨隽萍, 肖梦云, 于青青.创业失败是否影响再创业风险感知行为——基于认知偏差的研究[J].管理评论, 2020, 32(2): 115-126.[35] 周键,徐凤增.创业者是天生的吗——创业自我效能感的中介效应[J].科技进步与对策,2019,36(19):74-80.[36] 郝喜玲,朱兆珍,刘依冉.失败情境下创业学习、创业知识与再创业绩效关系研究[J].科技进步与对策,2019,36(16):19-25. |
|
|
|
