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How Past Failure Predicts Subsequent Entrepreneurial Intention: A Comparative Study of Mainland China and Taiwan

Author

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  • Hui He

    (Business school, Beijing Technology and Business University, Beijing 100048, China)

  • Yan Bai

    (Business school, Beijing Technology and Business University, Beijing 100048, China)

  • Xia Xiao

    (College of Business Administration, Capital University of Economics and Business, Beijing 100070, China)

Abstract

Entrepreneurship is the center of economic growth process, and it is context-sensitive. We compare Mainland China and Taiwan by investigating the impact of past failure on individual entrepreneurs. Using a large amount of data from GEM (Global Entrepreneurship Monitor), a logistic regression approach was adopted and most of the major variables in models are correlated positively. We demonstrate that past failure does affect entrepreneurs’ perceived capability and next enterprising activity positively in the two regions. Unlike the moderating role of culture, entrepreneurial motivation exerts a quite different impact on the relationship between past failure and entrepreneurs’ future intention in the two regions. Our results provide not only theoretical implications for context-related entrepreneurial motivation, but practical suggestions for entrepreneurs and policy makers.

Suggested Citation

  • Hui He & Yan Bai & Xia Xiao, 2020. "How Past Failure Predicts Subsequent Entrepreneurial Intention: A Comparative Study of Mainland China and Taiwan," Sustainability, MDPI, vol. 12(6), pages 1-17, March.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:6:p:2331-:d:333419
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    Cited by:

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    2. Graham, Byron & Bonner, Karen, 2022. "One size fits all? Using machine learning to study heterogeneity and dominance in the determinants of early-stage entrepreneurship," Journal of Business Research, Elsevier, vol. 152(C), pages 42-59.
    3. Anton Miglo, 2022. "Theories of Crowdfunding and Token Issues: A Review," JRFM, MDPI, vol. 15(5), pages 1-28, May.
    4. Graham, Byron & Bonner, Karen, 2024. "The role of institutions in early-stage entrepreneurship: An explainable artificial intelligence approach," Journal of Business Research, Elsevier, vol. 175(C).
    5. Junguang Gao & Tao Chen & Thomas Schøtt & Fuzhen Gu, 2022. "Entrepreneurs’ Life Satisfaction Built on Satisfaction with Job and Work–Family Balance: Embedded in Society in China, Finland, and Sweden," Sustainability, MDPI, vol. 14(9), pages 1-21, May.
    6. Syed Abid Hussain & Mohd Shamim & Zubair Ahmad Sofi & Mohd Yasir Arafat & Aamir Hassan, 2022. "Drivers of venture creation in agricultural sector: a GEM data-based study," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 371-384, December.

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