A behavioral model of failure in business

Cristina Mariana ENE (vasile), Cosmin Viziniuc and Alexandru Taşnadi
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Cristina Mariana ENE (vasile): The Bucharest University of Economic Studies, Romania
Cosmin Viziniuc: The Bucharest University of Economic Studies, Romania
Alexandru Taşnadi: The Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2019, vol. XXVI, issue 3(620), Autumn, 151-158

Abstract: The authors start from the idea that those who do not encounter any failure in their business are not real entrepreneurs. Using a causal determinism type of analysis, we identify the factors that lead towards failure and the stages of its development. At the end, we present a couple of reflections regarding the regaining of moral by the entrepreneur after failure.

Keywords: failure; risk; bankruptcy; attitude; experience. (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxvi:y:2019:i:3(620):p:151-158

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