Examining incubated and nonincubated startups from fear of failure and entrepreneurial well-being during crises

IF 3 Q2 MANAGEMENT
Donard Games, Dessy Kurnia Sari, Venny Darlis, Danny Hidayat, Bader Albatati
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引用次数: 0

Abstract

Purpose

This research aimed to examine entrepreneurial fear of failure and entrepreneurial well-being from the perspectives of incubated and nonincubated startups during crises.

Design/methodology/approach

Data were collected by distributing online questionnaires to 152 respondents comprising 43 incubated and 109 nonincubated startups in Indonesia. A multivariate discriminant analysis procedure was used to examine the interrelationships between both groups at the discovery, validation, customer creation and construction stages.

Findings

The result showed a significant difference between these startups at various stages, which was analyzed to provide insights into the relevant dimensions of fear of failure for startups. The essence of entrepreneurial well-being during crises is in accordance with the role of business incubators in an emerging market economy.

Practical implications

Startups need to innovate in order to grow while considering other factors such as work-life balance and financial resource availability. This is important to ensure they have sufficient motivating dosage of fear of failure.

Originality/value

The present study evaluates incubated and nonincubated startups in an emerging market economy by using both the entrepreneurial fear of failure and well-being to capture possible differences between groups. The context of pandemic crises helps us formulate appropriate approaches taken by incubators and startups in the future crises.

从危机期间对失败的恐惧和创业幸福感出发,考察孵化型和非孵化型初创企业
目的 本研究旨在从已孵化和未孵化初创企业的角度,探讨危机期间创业者对失败的恐惧和创业幸福感。结果表明,这些初创企业在不同阶段存在显著差异,通过分析这些差异,可以深入了解初创企业害怕失败的相关维度。危机期间创业者幸福感的本质符合企业孵化器在新兴市场经济中的作用。本研究通过使用创业者对失败的恐惧和幸福感来捕捉不同群体之间可能存在的差异,从而对新兴市场经济中已接受孵化和未接受孵化的初创企业进行评估。大流行病危机的背景有助于我们制定孵化器和初创企业在未来危机中采取的适当方法。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
4.60
自引率
0.00%
发文量
17
审稿时长
30 weeks
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