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Entrepreneurial Failure: Structuring a Widely Overlooked Field of Research

Author

Listed:
  • Czakon Wojciech

    (Jagiellonian University in Krakow, Krakow, Małopolska, Poland)

  • Klimas Patrycja

    (Wroclaw University of Economics and Business, Wroclaw, Lower Silesia, Poland)

  • Tiberius Victor

    (Universität Potsdam, Potsdam, Brandenburg, Germany)

  • Ferreira João

    (Department of Management and Economics, Universidade of Beira Interior, Covilhã, Portugal)

  • Veiga Pedro M.

    (Department of Management and Economics, Universidade of Beira Interior, Covilhã, Portugal)

  • Kraus Sascha

    (Faculty of Economics & Management, Free University of Bozen-Bolzano, Bolzano, Italy)

Abstract

Although entrepreneurial failure (EF) is a fairly recent topic in entrepreneurship literature, the number of publications has been growing dynamically and particularly rapidly. Our systematic review maps and integrates the research on EF based on a multi-method approach to give structure and consistency to this fragmented field of research. The results reveal that the field revolves around six thematic clusters of EF: 1) Soft underpinnings of EF, 2) Contextuality of EF, 3) Perception of EF, 4) Two-sided effects of EF, 5) Multi-stage EF effects, and 6) Institutional drivers of EF. An integrative framework of the positive and negative effects of entrepreneurial failure is proposed, and a research agenda is suggested.

Suggested Citation

  • Czakon Wojciech & Klimas Patrycja & Tiberius Victor & Ferreira João & Veiga Pedro M. & Kraus Sascha, 2024. "Entrepreneurial Failure: Structuring a Widely Overlooked Field of Research," Entrepreneurship Research Journal, De Gruyter, vol. 14(3), pages 951-984.
    • Handle: RePEc:bpj:erjour:v:14:y:2024:i:3:p:951-984:n:1005
    DOI: 10.1515/erj-2021-0328
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