Chapter 16: Reflections: Entrepreneurial learning

Piening, E. P., Thies, F., Wessel, M., & Benlian, A. (2021). ‘Searching for success—entrepreneurs’ responses to crowdfunding failure.’ Entrepreneurship Theory and Practice45(3), 626–657.

This study focuses on how entrepreneurs respond to failures. Based on over 65,000 crowdfunding projects, this study specifically examines how negative performance feedback influences entrepreneurs’ search distance. Our results reveal that the severity and persistence of failure have a U-shaped and inverted U-shaped relationship with search distance, respectively.

Haneberg, D. H. and Aadland, T. (2019). ‘Learning in venture creation in higher education’. Industry and Higher Education, 34, (3): 121-137.

This article explores how students learn from venture creation in higher education, by comparing students who pursue venturing throughout their entrepreneurship education programme and those who exit venturing halfway through. The findings highlight the importance of situated and social learning in action-based entrepreneurship education.

Cope, J. (2003) ‘Entrepreneurial learning and critical reflection: discontinuous events as triggers for ‘higher-level’ learning’. Management Learning, 34, 4: 429–50.

This article discusses the effect of critical, discontinuous events on learning during the entrepreneurial process. These events have the capacity to stimulate distinctive forms of ‘higher-level’ learning, compared with more routinised, habitual, ‘lower-level’ learning. This has implications for entrepreneurs to engage in critical self-reflection.