Business Failure and Entrepreneurship: Emergence, Evolution and Future Research

Walsh, Grace S. and Cunningham, James (2016) Business Failure and Entrepreneurship: Emergence, Evolution and Future Research. Foundation and Trends in Entrepreneurship, 12 (3). now, pp. 163-285. ISBN 9781680831566

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Abstract

Business failure research has been the focus of renewed interest in the entrepreneurship field. It is complex, being both a sign of economic vibrancy and the source of great individual trauma. An understanding of these complexities is important to academics, practitioners and regulators. This monograph provides a review of the literature to date. It charts the emergence of business failure research in the finance literature through to its recent development within the contemporary entrepreneurship field. The multidisciplinary nature of business failure research is explored through incorporation of studies from accountancy, information systems, social psychology, general management, economics and entrepreneurship. Research on the topic is diverse; the lack of a universally accepted definition of failure coupled with the absence of an underpinning theory has resulted in an expansive range of studies. The aim of this review is to provide a comprehensive and critical review of business failure research, bridge the gap between the various perspectives, and develop a cohesive understanding of the phenomena, upon which future studies can be based.

Item Type: Book
Additional Information: Published as an article in Foundations and Trends in Entrepreneurship and separately as a monograph. Publisher permits self-archiving PB 16-8-16.
Uncontrolled Keywords: Business Failure, Learning, Attribution, Process Models, Recovery, Costs of Failure, Methodology, Grief, Fear, Sensemaking, Passion
Subjects: N100 Business studies
N200 Management studies
N300 Finance
N900 Others in Business and Administrative studies
Department: Faculties > Business and Law > Newcastle Business School > Business and Management
Related URLs:
Depositing User: James Cunningham
Date Deposited: 16 Aug 2016 09:53
Last Modified: 14 Nov 2016 11:54
URI: http://nrl.northumbria.ac.uk/id/eprint/27567

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