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Is this the end? Investigating firm and individual level outcomes post-failure

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  • Jenkins, Anna
  • McKelvie, Alexander

Abstract

Research into entrepreneurial failure is increasing in prevalence. However, treatment of failure has tended to be at one level of analysis (firm or individual) and generally assumed a level of finality, marking the end of the firm, an opportunity, or, in some cases, entrepreneurial careers. In this paper, we interview 257 failed entrepreneurs and examine individual and firm level outcomes of entrepreneurial failure. Our results show that there are substantial levels of variance in regards to what happens to the firm and the entrepreneur post-bankruptcy. We discuss implications for future theorizing and research questions about entrepreneurial failure.

Suggested Citation

  • Jenkins, Anna & McKelvie, Alexander, 2017. "Is this the end? Investigating firm and individual level outcomes post-failure," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 138-143.
    • Handle: RePEc:eee:jobuve:v:8:y:2017:i:c:p:138-143
    DOI: 10.1016/j.jbvi.2017.10.002
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    References listed on IDEAS

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    Cited by:

    1. Milena Nikolova & Boris Nikolaev & Olga Popova, 2021. "The perceived well-being and health costs of exiting self-employment," Small Business Economics, Springer, vol. 57(4), pages 1819-1836, December.
    2. Roccapriore, Ashley Y. & Imhof, Zoë & Cardon, Melissa S., 2021. "Badge of honor or tolerable reality? How previous firm failure and experience influences investor perceptions," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    3. Nazanin Eftekhari & Bram Timmermans, 2022. "New venture dissolution and the comobility of new venture teams," Small Business Economics, Springer, vol. 59(1), pages 279-298, June.
    4. Jenkins, Anna S, 2021. "Relief and exploration after firm failure: Taking into account pre-failure experiences to understand post-failure responses," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    5. Rohny Saylors & Amrita Lahiri & Benjamin Warnick & Chandresh Baid, 2023. "Looking Back To Venture Forward: Exploring Idea and Identity Work in Public Failure Narratives," Entrepreneurship Theory and Practice, , vol. 47(2), pages 398-429, March.
    6. Waddingham, Jacob A. & Hamrick, Alexander B. & Zachary, Miles A., 2023. "Addressing the entrepreneur in the room: Entrepreneurial exit and impression management tactics in the employment interview context," Journal of Business Venturing Insights, Elsevier, vol. 19(C).

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