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«Sense of failure» and «sense of success» among entrepreneurs : the identification and promomtion of neglected twin entrepreneurial competencies

Fritz Oser & Thierry Volery

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abstract Most of the current courses and textbooks in entrepreneurship focus on promoting start-up desirability and feasibility. We call for a more balanced approach to entrepreneurship education and training by developing a sense of success and a sense of failure among would-be entrepreneurs. The sense of success acts of a promotion of entrepreneurial behaviour and encompasses elements such as the start-up intentions, expectations and ability. Conversely, the sense of failure acts as prevention and draws on negative experience, responsibility and awareness of pitfalls. We posit that the combination of both senses can reduce the large number of business failures which leads to huge economic, political and psychological losses. In addition, this approach might help failed entrepreneurs to come to terms with their grief and re-start a venture.
   
type journal paper
   
keywords
   
language English
kind of paper journal article
date of appearance 16-8-2012
journal Empirical Research in Vocational Education and Training
publisher Sense Publishers (Rotterdam)
ISSN 1877-6337
ISSN (online) 1877-6345
volume of journal 4
number of issue 01/2012
page(s) 27-44
review external review
   
citation Oser, F., & Volery, T. (2012). «Sense of failure» and «sense of success» among entrepreneurs: the identification and promomtion of neglected twin entrepreneurial competencies. Empirical Research in Vocational Education and Training, 4(01/2012), 27-44.