• Summary
  • Contents
  • Subject index

The Handbook of 21st Century Management provides authoritative insight into the key issues for students in college or corporate courses with a particular emphasis on the current structure of the topic in the literature, key threads of discussion and research on the topic, and emerging trends. This resource is useful in structuring exciting and meaningful papers and presentations and assists readers in deciding on management areas to take elective coursework in or to orient themselves towards for a career. Indeed, familiarity with many of the topics in this Handbook would be very useful in job interviews for positions in business.

Chapter 7: Entrepreneur Resilience: What Makes Entrepreneurs Start Another Business after Failure?

Entrepreneur Resilience: What Makes Entrepreneurs Start Another Business after Failure?
Entrepreneur resilience: What makes entrepreneurs start another business after failure?

We shall finally try to round off our picture of the entrepreneurship in the same manner in which we always, in science as well as in practical life, try to understand human behavior, viz. by analyzing the characteristic motives of his conduct. Any attempt to do this must of course meet with all those objections against the economist's intrusion into ‘psychology’ which have been made familiar by a long series of writers … There may be rational conduct even in the absence of rational motive. But as soon as we really wish to penetrate into motivation, the problem proves by no means simple.

Joseph A.Schumpeter, 1883–1950

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