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Title

The paradoxical nature of venture failure: the Australian case, first findings

Author(s)

Gulst, Noga;  Maritz, Alex

Abstract

This study combines two research fields: entrepreneurial learning and new venture failure. We explore the paradoxical nature of new venture failure as perceived by a group of CEOs (entrepreneurs and managers) of award winning organisations in Australia, identifying how they define New Venture Failure (NVF) and what they have learned from their failed and/or successful ventures. We explain three different types of entrepreneurial learning: behavioural, cognitive and situative / action learning. We then show how the combination of these learning types is influenced by learning form NVF. A questionnaire was sent to the CEO’s in November 2009; therefore, first findings will be presented at the conference.

Publication type

Conference paper

Research centre

Swinburne University of Technology. Faculty of Business and Enterprise. Australian Graduate School of Entrepreneurship

Source

Proceedings of Regional Frontiers of Entrepreneurship Research 2010: 7th International Australian Graduate School of Entrepreneurship (AGSE) Research Exchange, University of the Sunshine Coast, Queensland, Australia, 02-05 February 2010, pp. 435-447

Publication year

2010

FOR Code(s)

150304 Entrepreneurship

Keyword(s)

Australia;  Entrepreneurial learning;  New venture failure

Publisher

Australian Graduate School of Entrepreneurship, Swinburne University of Technology

ISBN

9780980332865

Publisher URL

http://www.swinburne.edu.au/lib/ir/onlineconferences/agse2010/papers.htm

Copyright

Copyright © 2010 Noga Gulst and Alex Maritz. Proceedings copyright © 2010 Australian Graduate School of Entrepreneurship. Published version of this paper reproduced with the kind permission of the publisher.

Full text

Peer reviewed