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Fear Of Failure And Entrepreneurial Risk Perception

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  • Nabiha Nefzi

    (Carthage University, Bizerte, Tunisia)

Abstract

The present study provides an understanding of the role of fear of failure in entrepreneurial decision making by examining the mediating role of appraisal dimensions through the study of the impact of fear (state and trait) on entrepreneurial risk perception and using the cognitive-motivational-relational process and the Appraisal Tendencies Framework as based theories. Using a sample of students, we confirmed that trait fear is significantly related with higher entrepreneurial risk perception and this relation is mediated by cognitive appraisal dimensions especially the certainty theme. The same relationship is not confirmed for the state fear, even the statistical difference between students in entrepreneurial risk perception due to state fear condition.

Suggested Citation

  • Nabiha Nefzi, 2018. "Fear Of Failure And Entrepreneurial Risk Perception," International Journal of Entrepreneurial Knowledge, Center for International Scientific Research of VSO and VSPP, vol. 6(2), pages 45-58, December.
    • Handle: RePEc:jek:journl:v:6:y:2018:i:2:p:45-58
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    File URL: http://ijek.org/files/IJEK_2-2018v6/IJEK-2-2018,v.6_nefzi,n..pdf
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    References listed on IDEAS

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    1. Cacciotti, Gabriella & Hayton, James C. & Mitchell, J. Robert & Giazitzoglu, Andres, 2016. "A reconceptualization of fear of failure in entrepreneurship," Journal of Business Venturing, Elsevier, vol. 31(3), pages 302-325.
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    9. Isabell M. Welpe & Matthias Spörrle & Dietmar Grichnik & Theresa Michl & David B. Audretsch, 2012. "Emotions and Opportunities: The Interplay of Opportunity Evaluation, Fear, Joy, and Anger as Antecedent of Entrepreneurial Exploitation," Entrepreneurship Theory and Practice, , vol. 36(1), pages 69-96, January.
    10. Gabriella Cacciotti & James C. Hayton, 2014. "Fear of Failure and Entrepreneurship: A review and direction for future research," Research Papers 0024, Enterprise Research Centre.
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