›› 2017, Vol. 29 ›› Issue (4): 47-58.

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Learning from Failure, Entrepreneurial Action Learning and Entrepreneurship Competence——Moderating Effect of Grief Recovery Orientation

Xie Yaping, Liang Surong, Chen Ruijun   

  1. School of Economics and Management, Fuzhou University, Fuzhou 350108
  • Received:2015-03-02 Online:2017-04-28 Published:2017-04-21

Abstract:

Failure is of special learning value, but few studies have examined the relationship between learning from failure and entrepreneurial competence. This paper constructs a conceptual model of the relationship between learning from failure and entrepreneurial competence, with entrepreneurial action learning as a mediator variable and grief recovery orientation as moderating variable, and empirically tests are 358 entrepreneurs who failed before they successfully started up their own business. The study finds that learning from the experiences of daily failures, career failures and entrepreneurship failures are conducive to improving entrepreneurial competence, and counterfactual thinking plays an important role in learning from failure process; entrepreneurial action learning plays a partly mediating role from three dimensions: critical reflection, interactive support and execution application; entrepreneurial competence is the results of "learning from failure-entrepreneurial action learning" double loop learning chain; oscillation orientation positively regulates the relationships of learning from failure, entrepreneurial action learning and entrepreneurial ability. This study is enlightening for those frustrated entrepreneurs to regain confidence and enhance entrepreneurial competence.

Key words: learning from failure, entrepreneurial action learning, entrepreneurship competence, grief recovery orientation