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The Role of Fear for Entrepreneurial Venture Creation

Causes of Failure before and after Foundation

  • Book
  • © 2015

Overview

Authors:
  1. Philipp K. Berger

    1. Universität Bremen, Bremen, Germany

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  • Publication in the field of economic sciences
  • Includes supplementary material: sn.pub/extras

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Table of contents (8 chapters)

  1. Front Matter

    Pages I-XIX
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  2. Concept of the research endeavor

    • Philipp K. Berger
    Pages 1-7

  3. Methodology and cognitive approach of the research endeavor

    • Philipp K. Berger
    Pages 9-14

  4. Theoretical foundation of the research endeavor

    • Philipp K. Berger
    Pages 15-47

  5. Overview of existing research

    • Philipp K. Berger
    Pages 49-82

  6. Entrepreneurial failure over time - the Entrepreneurial Funnel

    • Philipp K. Berger
    Pages 83-116

  7. Conceptualization of empirical research

    • Philipp K. Berger
    Pages 117-158

  8. Empirical findings

    • Philipp K. Berger
    Pages 159-256

  9. Final summary and outlook

    • Philipp K. Berger
    Pages 257-270

  10. Back Matter

    Pages 271-297
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Keywords

About this book

Based on theory and an empirical survey, Philipp K. Berger measures the amount of fear for different groups of entrepreneurs. He draws parallels to Prospect Theory revealing the components of fear and shows, that entrepreneurial fear is a rather rational subconscious evaluation of the situation. Furthermore, he identifies the root causes of this fear – the fear of failure – and the underlying reasons, why potential entrepreneurs think they might fail. A comparison to actual company failure shows, that potential entrepreneurs both over-rate certain potential pitfalls and under-estimate other blind spots. The attributes of the individuals also have an influence on their fear, clustering them into rather fearful and rather fearless entrepreneurs. Based on the generated insights, the book concludes with concrete recommendations to improve the entrepreneurial activity in a country.

Authors and Affiliations

  • Universität Bremen, Bremen, Germany

    Philipp K. Berger

About the author

Philipp K. Berger is a researcher for entrepreneurship at the University of Bremen. He is an entrepreneur himself and has a previous career as a manager.

Bibliographic Information

  • Book Title: The Role of Fear for Entrepreneurial Venture Creation

  • Book Subtitle: Causes of Failure before and after Foundation

  • Authors: Philipp K. Berger

  • DOI: https://doi.org/10.1007/978-3-658-09000-5

  • Publisher: Springer Gabler Wiesbaden

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Springer Fachmedien Wiesbaden 2015

  • Softcover ISBN: 978-3-658-08999-3Published: 18 March 2015

  • eBook ISBN: 978-3-658-09000-5Published: 10 March 2015

  • Edition Number: 1

  • Number of Pages: XIX, 297

  • Number of Illustrations: 62 b/w illustrations

  • Topics: Entrepreneurship, Innovation/Technology Management, Management

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