Spirituality and entrepreneurial failure
The paper examines how spirituality, an inner awareness especially of a greater force or power beyond the individual self, affected entrepreneurs' experience of an important but under-researched part of the entrepreneurial process - venture failure. We implement a qualitative, narrative researc...
| Authors: | ; ; |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
International Association of Management, Spirituality & Religion
[2016]
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| In: |
Journal of management, spirituality & religion
Year: 2016, Volume: 13, Issue: 1, Pages: 24-49 |
| IxTheo Classification: | AG Religious life; material religion CB Christian life; spirituality ZA Social sciences ZD Psychology |
| Further subjects: | B
Spirituality
B Narrative B spiritual transformation for entrepreneurs B entrepreneurial failure B positive failure outcomes B Qualitative Research |
| Online Access: |
Presumably Free Access Volltext (Resolving-System) Volltext (doi) |
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| 520 | |a The paper examines how spirituality, an inner awareness especially of a greater force or power beyond the individual self, affected entrepreneurs' experience of an important but under-researched part of the entrepreneurial process - venture failure. We implement a qualitative, narrative research design and present a collective narrative of nine entrepreneurs whose spirituality played a role in experiencing venture failure. Unexpectedly, findings revealed entrepreneurs engaging deeply with failure instead of indulging in the self-deception and denial suggested by research that applies psychological theories to venture failure. Furthermore, findings provided a rare, positive outcome from failure - entrepreneurs' spirituality deepened through experiencing this negative life event. Finally, results indicate how spirituality influenced entrepreneurs' decisions about founding future ventures after failure. | ||
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