Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Role of Fear for Entrepreneurial Venture Creation: Causes of Failure Before and After Foundation

The Role of Fear for Entrepreneurial Venture Creation: Causes of Failure Before and After Foundation

K. Berger, Philipp

Paperback

Business GeneralManagement

ISBN10: 3658089997
ISBN13: 9783658089993
Publisher: Springer Gabler
Published: Mar 18 2015
Pages: 297
Weight: 0.93
Height: 0.72 Width: 5.83 Depth: 8.27
Language: English
Based on theory and an empirical survey, Philipp K. Berger measures the amount of fear for different groups of entrepreneurs. He draws parallels to Prospect Theory revealing the components of fear and shows, that entrepreneurial fear is a rather rational subconscious evaluation of the situation. Furthermore, he identifies the root causes of this fear - the fear of failure - and the underlying reasons, why potential entrepreneurs think they might fail. A comparison to actual company failure shows, that potential entrepreneurs both over-rate certain potential pitfalls and under-estimate other blind spots. The attributes of the individuals also have an influence on their fear, clustering them into rather fearful and rather fearless entrepreneurs. Based on the generated insights, the book concludes with concrete recommendations to improve the entrepreneurial activity in a country.

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