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Project failure from corporate entrepreneurship: Managing the grief process

Listed author(s):
  • Shepherd, Dean A.
  • Covin, Jeffrey G.
  • Kuratko, Donald F.
Registered author(s):

    In this paper, we complement social cognitive theory with psychological theories on grief in our discussion of two approaches to grief management - grief regulation and grief normalization - that hold promise for enabling corporate entrepreneurs to cope with negative emotions induced by project failure. We propose that to the extent that organizational members have high self-efficacy for recovering from grief over project failure, or this coping self-efficacy can be built through the social support offered by the organizational environment, regulating rather than eliminating, grief via normalization processes will explain superior learning and motivational outcomes.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0883-9026(08)00015-3
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    Article provided by Elsevier in its journal Journal of Business Venturing.

    Volume (Year): 24 (2009)
    Issue (Month): 6 (November)
    Pages: 588-600

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    Handle: RePEc:eee:jbvent:v:24:y:2009:i:6:p:588-600
    Contact details of provider: Web page: http://www.elsevier.com/locate/jbusvent

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    1. McGrath, Rita Gunther, 1995. "Advantage from adversity: Learning from disappointment in internal corporate ventures," Journal of Business Venturing, Elsevier, vol. 10(2), pages 121-142, March.
    2. Bandura, Albert, 1991. "Social cognitive theory of self-regulation," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 248-287, December.
    3. Rerup, Claus, 2005. "Learning from past experience: Footnotes on mindfulness and habitual entrepreneurship," Scandinavian Journal of Management, Elsevier, vol. 21(4), pages 451-472, December.
    4. Maidique, Modesto A. & Zirger, Billie Jo, 1985. "The new product learning cycle," Research Policy, Elsevier, vol. 14(6), pages 299-313, December.
    5. Zahra, Shaker A., 1993. "Environment, corporate entrepreneurship, and financial performance: A taxonomic approach," Journal of Business Venturing, Elsevier, vol. 8(4), pages 319-340, July.
    6. Forbes, Daniel P., 2005. "Are some entrepreneurs more overconfident than others?," Journal of Business Venturing, Elsevier, vol. 20(5), pages 623-640, September.
    7. Rita Gunther McGrath & Ming-Hone Tsai & S. Venkataraman & I. C. MacMillan, 1996. "Innovation, Competitive Advantage and Rent: A Model and Test," Management Science, INFORMS, vol. 42(3), pages 389-403, March.
    8. Miller, Danny, 1992. "The icarus paradox: How exceptional companies bring about their own downfall," Business Horizons, Elsevier, vol. 35(1), pages 24-35.
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