IDEAS home Printed from https://ideas.repec.org/a/ids/ijeven/v9y2017i2p160-180.html
   My bibliography  Save this article

How does entrepreneurs' psychological ownership affect their grief after failure?

Author

Listed:
  • Dan K. Hsu
  • Katrin Burmeister-Lamp
  • Michelle Hong

Abstract

What determines the level of grief that entrepreneurs feel after failure? Drawing on regulatory focus theory and the psychological ownership (PO) literature, this paper examines the effect of different components of PO the failed entrepreneurs have had toward the prior venture on their grief levels. It is argued that PO has two components: promotive PO, which is driven by the individual's achievement needs, and preventative PO, which is driven by the safety needs. Surveying 150 individuals with business failure experience, this study found that individuals with stronger promotive PO toward the prior venture felt less grief while individuals with greater preventative PO incurred stronger grief feelings.

Suggested Citation

  • Dan K. Hsu & Katrin Burmeister-Lamp & Michelle Hong, 2017. "How does entrepreneurs' psychological ownership affect their grief after failure?," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 9(2), pages 160-180.
  • Handle: RePEc:ids:ijeven:v:9:y:2017:i:2:p:160-180
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=86483
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeven:v:9:y:2017:i:2:p:160-180. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carmel O'Grady). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=123 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.