Searching for Success - Entrepreneurs’ Responses to Crowdfunding Failure

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dc.identifier.uri Piening, Erk P. eng Thies, Ferdinand eng Wessel, Michael eng Benlian, Alexander eng 2021-12-21T08:46:39Z 2021-12-21T08:46:39Z 2021
dc.identifier.citation Piening, E.P.; Thies, F.; Wessel, M.; Benlian, A.: Searching for Success - Entrepreneurs’ Responses to Crowdfunding Failure. In: Entrepreneurship Theory and Practice 45 (2021), Nr. 3, S. 626-657. DOI: eng
dc.description.abstract In this study, we seek to provide new insights into the process of problemistic search by examining entrepreneurs’ behavioral responses to failures. Using a comprehensive dataset of over 65,000 crowdfunding projects, we specifically explore how negative performance feedback influences entrepreneurs’ search distance. Our results demonstrate that the severity and persistence of failure have a U-shaped and inverted U-shaped relationship with search distance, respectively. Moreover, greater temporal distance between an entrepreneur’s failure experience and a subsequent crowdfunding project is not only associated with increases in search distance, but also attenuates the curvilinear main effects. eng
dc.language.iso eng eng
dc.publisher London : SAGE
dc.relation.ispartofseries Entrepreneurship Theory and Practice 45 (2021), Nr. 3 eng
dc.rights Es gilt deutsches Urheberrecht. Das Dokument darf zum eigenen Gebrauch kostenfrei genutzt, aber nicht im Internet bereitgestellt oder an Außenstehende weitergegeben werden. Dieser Beitrag ist aufgrund einer (DFG-geförderten) Allianz- bzw. Nationallizenz frei zugänglich. eng
dc.subject failure eng
dc.subject problemistic search eng
dc.subject search distance eng
dc.subject entrepreneurs eng
dc.subject crowdfunding eng
dc.subject.ddc 330 | Wirtschaft eng
dc.title Searching for Success - Entrepreneurs’ Responses to Crowdfunding Failure eng
dc.type Article eng
dc.type Text eng
dc.relation.essn 1540-6520
dc.relation.issn 0363-9428
dc.relation.doi 10.1177/1042258720980710
dc.bibliographicCitation.firstPage 626
dc.bibliographicCitation.lastPage 657
dc.description.version publishedVersion eng
tib.accessRights frei zug�nglich eng

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