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Advances in Psychological Science    2016, Vol. 24 Issue (7) : 1009-1019     DOI: 10.3724/SP.J.1042.2016.01009
Conceptual Framework |
The mechanism underlying entrepreneurial failure and subsequent entrepreneurial intentions
DING Guifeng1; HOU Liang1; ZHANG Lu1; ZHANG Li1; WANG Man1; GU Xixi2
(1 Institute of Psychology and Behavior, Henan University, Kaifeng 475001, China) (2 The Department of Psychology, Hofstra University, Hempstead 11549, USA)
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Abstract  

Along with the increasing support from our government, more and more new businesses are emerging, but the failure rate of these new businesses is very high. Sustaining subsequent entrepreneurial intention after encountering a failure in entrepreneurship is a realistic problem that needs to be solved urgently. A few methods including transverse survey, longitudinal comparison and scene simulation will be discussed in this project. Mediated moderation effect of achievement goal orientation and self-compassion in the relationship between the entrepreneurial failure and subsequent entrepreneurial intention will be analyzed.In addition,the multiple mediating effects of social comparison,learning from entrepreneurial failure and entrepreneurial self-efficacy in the relationship between entrepreneurial failure,and subsequent entrepreneurial intention will also be analyzed. This project has important theoretical significance according to the above design.Entrepreneurs can be guided to learn from suitable role models through upward social comparison in the practice, this help stimulate entrepreneurs to start new businesses again. Moreover, entrepreneurs can be induced to escape from negative emotion by self-compassion intervention,and increase the intention to run a company again, So the results of this project research will have critical practical significance.Social comparison and self-compassion intervention research has distinctive Chinese culture features.

Keywords entrepreneurial failure      learning from entrepreneurial failure      subsequent entrepreneurial intention      social comparison      self compassion     
Corresponding Authors: DING Guifeng, E-mail: dgfhnu@163.com   
Issue Date: 15 July 2016
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DING Guifeng
HOU Liang
ZHANG Lu
ZHANG Li
WANG Man
GU Xixi
Cite this article:   
DING Guifeng,HOU Liang,ZHANG Lu, et al. The mechanism underlying entrepreneurial failure and subsequent entrepreneurial intentions[J]. Advances in Psychological Science, 2016, 24(7): 1009-1019.
URL:  
http://journal.psych.ac.cn/xlkxjz/EN/10.3724/SP.J.1042.2016.01009     OR     http://journal.psych.ac.cn/xlkxjz/EN/Y2016/V24/I7/1009
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