Integrated Modeling of Entrepreneurial Failure Antecedents and its Financial, Social and Psychological Consequences

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Parsanejad Mohammadreza; Razavi Seyyed Mostafa; FOROUTAN BAYGI ZEINAB

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Journal Paper

Paper Information

Journal: JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT Year:2019 | Volume:12 | Issue:1 Page(s): 41-59

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Information Journal Paper

Title

Integrated Modeling of Entrepreneurial Failure Antecedents and its Financial, Social and Psychological Consequences

Author(s)

Parsanejad Mohammadreza | Razavi Seyyed Mostafa | FOROUTAN BAYGI ZEINAB | Issue Writer Certificate

Keywords

Antecedents

Consequences

Entrepreneur

Objective Failure

Startup

Abstract

This study aimed at integrated modeling of effective factors on failure and its Consequences on Entrepreneurs. This is an applied research and it analyses the effects of failure and its Consequences based on data collected from university-based Startups in Tehran. Therefore, the responses of 257 randomly selected academic Entrepreneurs were collected by questionnaire, and using structural equation modeling method, the effect of each factor in failure and its Consequences is extracted. In short, based on the results, weaknesses in the team were identified as the most important factor in the failure of Entrepreneurship and then the incorrect strategies, wrong marketing, industry difficulty, weakness in product and financial factors were followed. Among the Consequences of failure, the highest imposed cost was mental and then social and financial costs.

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APA: Copy

Parsanejad, Mohammadreza, Razavi, Seyyed Mostafa, & FOROUTAN BAYGI, ZEINAB. (2019). Integrated Modeling of Entrepreneurial Failure Antecedents and its Financial, Social and Psychological Consequences. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, 12(1 ), 41-59. SID. https://sid.ir/paper/1016115/en

Vancouver: Copy

Parsanejad Mohammadreza, Razavi Seyyed Mostafa, FOROUTAN BAYGI ZEINAB. Integrated Modeling of Entrepreneurial Failure Antecedents and its Financial, Social and Psychological Consequences. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT[Internet]. 2019;12(1 ):41-59. Available from: https://sid.ir/paper/1016115/en

IEEE: Copy

Mohammadreza Parsanejad, Seyyed Mostafa Razavi, and ZEINAB FOROUTAN BAYGI, “Integrated Modeling of Entrepreneurial Failure Antecedents and its Financial, Social and Psychological Consequences,” JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, vol. 12, no. 1 , pp. 41–59, 2019, [Online]. Available: https://sid.ir/paper/1016115/en

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