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A Study on the Mechanism of the Influence of Fear of Entrepreneurship Failure on Entrepreneurship Exit Intention

In: Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)

Author

Listed:
  • Wenxue Xu

    (Zhejiang Gongshang University, Graduate student, School of Business Administration)

Abstract

Based on the Feeling-as-information theory, this article studies and summarizes the impact mechanism between entrepreneurial failure fear and entrepreneurial exit intention, exploring the positive impact of negative emotions on entrepreneurial exit intention. The study conducted data collection and analysis using entrepreneurs as the research subjects through a questionnaire survey, tested the hypothesis model, and concluded that: (1) the fear of entrepreneurial failure has a negative impact on entrepreneurial exit intention, while also potentially having a positive impact; (2) the fear of entrepreneurial failure promotes entrepreneurial regret, thereby strengthening entrepreneurial exit intention; (3) The fear of entrepreneurial failure will promote the entrepreneurial efforts of entrepreneurs, thereby weakening their willingness to quit and delaying their exit; (4) Entrepreneurial role models negatively regulate the positive relationship between entrepreneurial regret and entrepreneurial exit intention in the fear of entrepreneurial failure.

Suggested Citation

  • Wenxue Xu, 2024. "A Study on the Mechanism of the Influence of Fear of Entrepreneurship Failure on Entrepreneurship Exit Intention," Advances in Economics, Business and Management Research, in: Feng-xia Cao & Satya Narayan Singh & Ahmad Jusoh & Deepanjali Mishra (ed.), Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023), pages 131-143, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-368-9_17
    DOI: 10.2991/978-94-6463-368-9_17
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