Fear of failure as a positive force

Keywords

Loading...
Thumbnail Image

Issue Date

2020-08-28

Language

en

Document type

Journal Title

Journal ISSN

Volume Title

Publisher

Title

ISSN

Volume

Issue

Startpage

Endpage

DOI

Abstract

This study aims to determine the structure of the relationship between fear of failure and entrepreneurial action and which coping strategies best contribute to a positive effect of that relation. More specifically, this study examines how entrepreneurs can convert fear of failure into a positive effect on entrepreneurial action. The objective of this research lead to the research question: “Which coping strategies will be best to yield a positive effect from Fear of Failure on Entrepreneurial Action?” In order to provide an answer to this question, semi-structured interviews are conducted with ten entrepreneurs who have at least five years of experience. The interviews showed that problem-focused coping strategies are best to yield a positive effect from fear of failure on entrepreneurial action. Emotion-focused coping strategies can provide a positive effect from fear of failure on entrepreneurial action when it involves social support and a safety net. Avoidance-focused coping strategies do not lead to a positive effect from fear of failure on entrepreneurial action. need for achievement is favourable to obtain a positive emotional response to fear of failure. These findings provide entrepreneurs tools to deal with fear of failure, which leads to more entrepreneurial action.

Description

Citation

Supervisor

Faculty

Faculteit der Managementwetenschappen