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All Journal Jurnal Manajemen dan Kewirausahaan
Pavel Reyes-Mercado
Universidad Anáhuac México
Economics, Econometrics & Finance

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ENTREPRENEURIAL FAILURE AND RESILIENCE: A CONTINUOUS INTERPLAY BETWEEN RIGIDITY AND FLEXIBILITY Alberto Borbolla-Albores; Pavel Reyes-Mercado
Jurnal Manajemen dan Kewirausahaan Vol. 24 No. 1 (2022): MARCH 2022
Publisher : Management Study Program, Faculty of Business and Economics, Petra Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (334.42 KB) | DOI: 10.9744/jmk.24.1.1-14

Abstract

Resilience studies are increasingly relevant to understand business processes. This study aimed to explore how entrepreneurs in Mexico recovered from situations of business failure. Which key factors did move en­trepreneurs to move forward with their ventures rather than desisting after a failure event? Through a qua­litative study that utilized focus groups with entrepreneurs that had faced entrepreneurial failure, discourses, and repre­sen­tations around the failure experience were analyzed. Findings suggested that entrepreneurs lied in a con­tinuum between resilience and resistance, depending on their access assets such as entrepreneurial networks, ecosystems, and pool of knowledge as antecedents of resistance and resilience. The study shed light in the understanding of the role communities surrounding entrepreneurs played in their trajectory, failure, and even­tual recovery.
Co-Authors Alberto Borbolla-Albores