Moving on: Narrative identity reconstruction after entrepreneurial failure |
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| Institution: | 1. Bayes Business School, City University of London, 106 Bunhill Row, London EC1Y 8TZ, UK;2. INGENIO (CSIC-UPV), Universitat Politécnica de Valencia, Edifici 8E, acc. J, 4ª planta, Ciutat Politècnica de la Innovació (CPI), Camí de Vera, s/n, 46022, Valencia, Spain;3. Saïd Business School, University of Oxford, Park End Street, Oxford OX1 1HP, UK;1. Rheinische Friedrich-Wilhelms-Universität Bonn, Transfer Center enaCom, Brühler Straße 7, 53119 Bonn, Germany;2. Professor of Entrepreneurship and Digital Business Models, Faculty of Law and Economics, University of Bayreuth, Universitätsstraße 30, 95447 Bayreuth, Germany;1. Indiana University, USA;2. Baruch College, USA;1. Research School of Management, Australian National University, Australia;2. Farmer School of Business, Miami University, United States of America;3. Indian Institute of Management, Lucknow, India;1. Department of Industrial Systems Engineering and Management, College of Design and Engineering, National University of Singapore, Singapore;2. King''s Business School, King''s College London, United Kingdom |
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| Abstract: | Despite increasing interest in the narratives of entrepreneurial failure, the understanding of how entrepreneurs reconstruct their identity as they advance from experiences of failure to new ventures remains partial. Based on a narrative analysis of 49 entrepreneurs' experiences, we uncover three narrative types used by entrepreneurs when moving on: shielding, transformation, and authenticity. In particular, we elaborate on how the entrepreneurs employ specific discursive practices in their narratives to deal with three central aspects of identity reconstruction: construction of responsibility, identity transition, and identity validation. Thus, our analysis elucidates the narrative underpinnings of dealing with failure and deepens our understanding of entrepreneurial identity construction in the context of moving on. |
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