Entrepreneurs act in environments of great risk and high uncertainty, and as a result, failure is a common occurrence. For this volume, Professor Shepherd has made a judicious selection of published articles, which explore the antecedents to and potential outcomes of entrepreneurial failure. By understanding these causes and consequences, entrepreneurs may become better able to manage failure, to reduce its costs and to capitalize on its benefits. With an insightful original introduction by the editor, the book provides an authoritative guide to current scholarly debate in this topical area and lays a foundation for future study.
Contents: Acknowledgements Introduction Dean A. Shepherd PART I ANTECEDENTS OF ENTREPRENEURIAL FAILURE A Initial Conditions 1. Mark Fichman and Daniel A. Levinthal (1991), 'Honeymoons and the Liability of Adolescence: A New Perspective on Duration Dependence in Social and Organizational Relationships' 2. Anand Swaminathan (1996), 'Environmental Conditions at Founding and Organizational Mortality: A Trial-by-Fire Model' 3. Steven W. Bradley, Howard Aldrich, Dean A. Shepherd and Johan Wiklund (2011), 'Resources, Environmental Change, and Survival: Asymmetric Paths of Young Independent and Subsidiary Organizations' B Managerial and Strategic 4. Stewart Thornhill and Raphael Amit (2003), 'Learning About Failure: Bankruptcy, Firm Age, and the Resource-Based View' 5. Dean A. Shepherd, Evan J. Douglas and Mark Shanley (2000), 'New Venture Survival: Ignorance, External Shocks, and Risk Reduction Strategies' 6. Mathew L.A. Hayward, Dean A. Shepherd and Dale Griffin (2006), 'A Hubris Theory of Entrepreneurship' 7. Johan Wiklund and Dean A. Shepherd (2011), 'Where to From Here?, EO-as-Experimentation, Failure, and Distribution of Outcomes' C Financial Predictors 8. Erkki K. Laitinen (1992), 'Prediction of Failure of a Newly Founded Firm' 9. Johan Wiklund, Ted Baker and Dean Shepherd (2010), 'The Age-Effect of Financial Indicators as Buffers against the Liability of Newness' D Evolutionary 10. Howard Aldrich and Ellen R. Auster (1986), 'Even Dwarfs Started Small: Liabilities of Age and Size and Their Strategic Implications' 11. Josef Bruderl and Rudolf Schussler (1990), 'Organizational Mortality: The Liabilities of Newness and Adolescence' 12. Howard E. Aldrich and Martha Argelia Martinez (2001), 'Many are Called, but Few are Chosen: An Evolutionary Perspective for the Study of Entrepreneurship' PART II CONSEQUENCES OF ENTREPRENEURIAL FAILURE A Learning from Failure (General) 13. Rita Gunther McGrath (1999), 'Falling Forward: Real Options Reasoning and Entrepreneurial Failure' 14. Mark D. Cannon and Amy C. Edmondson (2005), 'Failing to Learn and Learning to Fail (Intelligently): How Great Organizations Put Failure to Work to Innovate and Improve' 15. Deniz Ucbasaran, Paul Westhead and Mike Wright (2009), 'The Extent and Nature of Opportunity Identification by Experienced Entrepreneurs' B Motivation to Try Again 16. Deniz Ucbasaran, Paul Westhead, Mike Wright and Manuel Flores (2010), 'The Nature of Entrepreneurial Experience, Business Failure and Comparative Optimism' 17. Ronald K. Mitchell, J. Robert Mitchell and J. Brock Smith (2008), 'Inside Opportunity Formation: Enterprise Failure, Cognition, and the Creation of Opportunities' 18. Ian J. Walsh and Jean M. Bartunek (2011), 'Cheating the Fates: Organizational Foundings in the Wake of Demise' C Consequences of Business Failure 19. Dean A. Shepherd (2003), 'Learning from Business Failure: Propositions of Grief Recovery for the Self-Employed' 20. Dean A. Shepherd (2004), 'Educating Entrepreneurship Students About Emotion and Learning From Failure' 21. Dean A. Shepherd (2009), 'Grief Recovery from the Loss of a Family Business: A Multi- and Meso-Level Theory' 22. Jason Cope (2011), 'Entrepreneurial Learning from Failure: An Interpretative Phenomenological Analysis' D Consequences of Project Failure 23. Dean A. Shepherd and Melissa S. Cardon (2009), 'Negative Emotional Reactions to Project Failure and the Self-Compassion to Learn from the Experience' 24. Dean A. Shepherd, Jeffrey G. Covin and Donald F. Kuratko (2009), 'Project Failure from Corporate Entrepreneurship: Managing the Grief Process' 25. Dean A. Shepherd, Holger Patzelt and Marcus Wolfe (2011), 'Moving Forward from Project Failure: Negative Emotions, Affective Commitment, and Learning from the Experience' 26. Andrew C. Corbett, Heidi M. Neck and Dawn R. DeTienne (2007), 'How Corporate Entrepreneurs Learn from Fledgling Innovation Initiatives: Cognition and the Development of a Termination Script' E Blame and Stigm
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