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A behavioral model of failure in business

Author

Listed:
  • Cristina Mariana ENE (VASILE)

    (The Bucharest University of Economic Studies, Romania)

  • Cosmin VIZINIUC

    (The Bucharest University of Economic Studies, Romania)

  • Alexandru TAŞNADI

    (The Bucharest University of Economic Studies, Romania)

Abstract

The authors start from the idea that those who do not encounter any failure in their business are not real entrepreneurs. Using a causal determinism type of analysis, we identify the factors that lead towards failure and the stages of its development. At the end, we present a couple of reflections regarding the regaining of moral by the entrepreneur after failure.

Suggested Citation

  • Cristina Mariana ENE (VASILE) & Cosmin VIZINIUC & Alexandru TAŞNADI, 2019. "A behavioral model of failure in business," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(620), A), pages 151-158, Autumn.
    • Handle: RePEc:agr:journl:v:xxvi:y:2019:i:3(620):p:151-158
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