Premature Entrepreneurial Exit: Exploring the Role of Goal Setting Bias
Matthijs Hammer
A chapter in Proceedings of FIKUSZ '14, 2014, pp 97-106 from Óbuda University, Keleti Faculty of Business and Management
Abstract:
The stimulation of entrepreneurship and the support to venture creation is widely introduced in governmental policy plans. Despite the good intentions, the failure rate of start-ups remains the same. Research on entrepreneurial exit and the design of effective prevention measures seem to be at a dead end. New perspectives might generate an impetus to this field. In this paper the goal setting theory is explored. The findings indicate that there are designations that a bias in goal setting effect premature entrepreneurial exit. In this paper important recommendations for further research are given.
Keywords: Entrepreneurial exit; Goal Setting (search for similar items in EconPapers)
Date: 2014
ISBN: 978-615-5460-28-9
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Persistent link: https://EconPapers.repec.org/RePEc:pkk:sfyr14:97-106
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