| NARCISSISM AND LEARNING FROM ENTREPRENEURIAL FAILURE |
Received:October 16, 2017 Revised:October 17, 2017 |
Key Words: learning from failure, entrepreneurship, narcissism, failure costs |
| Author Name | Affiliation | | Yiran Liu | Tianjin University | | Yong Li* | State University of New York at Buffalo | | Xiling Hao | Anhui University of Financea and Economics | | Yuli Zhang | Nankai University |
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Abstract: |
| Failure provides an opportunity for entrepreneurs to learn but learning from failure is not automatic. Why do some entrepreneurs learn less from failure than others? In this study, we propose that a narcissistic personality can be an obstacle to learning from entrepreneurial failure. We further suggest that the costs of failure, especially social costs, will reinforce the adverse impact of narcissism on learning from failure. Our empirical analysis provides supportive evidence. |
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