The influence of entrepreneurial failure experience on subsequent entrepreneurial intention

Abstract

There are an increasing number of researchers realizing the vital importance of entrepreneurial failure's influence on subsequent entrepreneurial intention. Failure provides entrepreneurs a chance to learn and enhance relevant capacities. Through reviewing researchers regarding to failure and intention, this article suggests to expand and deepen the theory of entrepreneurial failure and subsequent intention via viewing failure as a short stage in ongoing entrepreneurial process, which provides researchers a new perspective for future direction.