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Once bitten, twice shy? The relationship between business failure experience and entrepreneurial collaboration

Amankwah-Amoah, Joseph, Adomako, Samuel, Berko, Damoah Obi (2021) Once bitten, twice shy? The relationship between business failure experience and entrepreneurial collaboration. Journal of Business Research, 139 . pp. 983-992. ISSN 0148-2963. (doi:10.1016/j.jbusres.2021.10.044) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:90968)

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This paper draws on entrepreneurial failure and firm collaboration literature to conduct two studies on serial entrepreneurs in a developing economy. In Study 1, we used qualitative semistructured interviews to derive insights from 16 entrepreneurs with prior business failure

experience. We observed that business failure experience incentivizes some serial entrepreneurs to collaborate with other entrepreneurs, and this phenomenon is shaped by religious orientation. In Study 2, we conducted a survey of 421 serial entrepreneurs to empirically test the effect of business failure experience and entrepreneurial collaboration. We also examined the moderating role of religious and family orientations on this relationship. The results from the survey revealed a positive relationship between entrepreneurs’ business failure experience and entrepreneurial collaboration. In addition, our results indicate that the positive impact of business failure experience on entrepreneurial collaboration is stronger among entrepreneurs leading non-family firms than family firms. Among firms led by non-religious oriented entrepreneurs, business failure experience was signficantly positively related to collaboration. Theoretical and practical implications are considered.

Item Type: Article
DOI/Identification number: 10.1016/j.jbusres.2021.10.044
Uncontrolled keywords: Africa; business failure experience; religious orientation; entrepreneurial collaboration; Ghana
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business
Depositing User: Joseph Amankwah-Amoah
Date Deposited: 19 Oct 2021 11:55 UTC
Last Modified: 02 Nov 2021 16:59 UTC
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