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...

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VerfasserInnen: Singh, Smita (VerfasserIn) ; Corner, Patricia Doyle (VerfasserIn) ; Pavlovich, Kathryn (VerfasserIn)
Medienart: Elektronisch Aufsatz
Sprache:Englisch
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Veröffentlicht: International Association of Management, Spirituality & Religion [2016]
In: Journal of management, spirituality & religion
Jahr: 2016, Band: 13, Heft: 1, Seiten: 24-49
RelBib Classification:AG Religiöses Leben; materielle Religion
CB Christliche Existenz; Spiritualität
ZA Sozialwissenschaften
ZD Psychologie
weitere Schlagwörter:B Spirituality
B Narrative
B spiritual transformation for entrepreneurs
B entrepreneurial failure
B positive failure outcomes
B Qualitative Research
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Zusammenfassung: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.
ISSN:1942-258X
Enthält:Enthalten in: Journal of management, spirituality & religion
Persistent identifiers:DOI: 10.1080/14766086.2015.1029961