When fear of failure leads to intentions to act entrepreneurially: Insights from threat appraisals and coping efficacy

Sammanfattning

Calls in the entrepreneurship literature have advocated theory development and empirical studies exploring fear of failure. Often viewed as an inhibitory factor towards entrepreneurial activity, contemporary research has suggested that fear of failure can also motivate entrepreneurial activity. To explore this issue, we draw on Protection Motivation Theory to conceptualise and operationalise fear of failure. We find support for the notion that fear of failure prompts the adoption of entrepreneurial strategies, provided the entrepreneur believes they have the ability to act entrepreneurially, and that by so doing, their financial situation will improve. Our approach extends the literature on fear of failure in an entrepreneurship context by disentangling cognitive and behavioural aspects focusing not only on threat appraisals, but also on how entrepreneurs cope with them.

Nyckelord

emotions; entrepreneurship; fear of failure; Protection Motivation Theory; Swedish farmers

Publicerad i

International Small Business Journal
2021, volym: 39, nummer: 5, artikelnummer: 0266242620967006

SLU författare

• Hunter, Erik

  • Institutionen för människa och samhälle, Sveriges lantbruksuniversitet
    

• Mark-Herbert, Cecilia

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    

Globala målen (SDG)

SDG9 Hållbar industri, innovationer och infrastruktur
SDG17 Genomförande och globalt partnerskap

UKÄ forskningsämne

Företagsekonomi

Publikationens identifierare

• DOI: https://doi.org/10.1177/0266242620967006

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/109260