Browsing by Author "Mehwish, Heera"

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The Contribution of Entrepreneurial Learning Resilience and Recovery To Venture Success After Failures : Two Case Study Examples
(Kadir Has Üniversitesi, 2018) Mehwish, Heera; Maden-Eyiusta, Ceyda
in the past studies on entrepreneurship are all exploring the successful journey of entrepreneurs. However research on entrepreneurial failure to create a more comprehensive meaning of entrepreneurs’ journey has begun recently. Despite these attempts failure remains a fairly under investigated area and thus it is vital to comprehend the experience of failure in entrepreneurial context. The intention of this thesis is to provide a comprehensive and critical scrutiny of the research on entrepreneurial failure and develop an organized framework of the entrepreneurial failure phenomenon. This thesis analyzes the failure from the standpoint of entrepreneurs who have the experience of failure/abandonment in their venture. Using the philosophical position of explanatory approach two case studies were used as the research method. Failure stories of two entrepreneurs were analyzed and subsequently theoretical themes derived from the findings were integrated into a theoretical model. Findings showed that the failure may affect an entrepreneur both emotionally and psychologically. in this context resilience plays a crucial role in re-entry to business and future venture success. Additionally results revealed that the entrepreneurs are becoming more self-aware after the failures and they come up with different learning outcomes which facilitate the re-emergence and recovery. This study ultimately demonstrates how failure despite being an unwanted experience can be exploited as a foundation to bounce into a substantial venture creation by tapping into one’s values and beliefs inter-personal intra-personal and contextual factors and resources within the social environment.