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1 – 10 of over 81000
Article
Publication date: 10 April 2019

Chang Heon Lee and Ananth Chiravuri

Serial crowdfunding is becoming a common phenomenon as entrepreneurs repeatedly return to online crowdfunding to raise capital. In this study, the authors focus attention on…

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Abstract

Purpose

Serial crowdfunding is becoming a common phenomenon as entrepreneurs repeatedly return to online crowdfunding to raise capital. In this study, the authors focus attention on serial crowdfunders, that is, entrepreneurs who experience launching more than one crowdfunding project. The purpose of this paper is to investigate the role of past experience on subsequent crowdfunding performance. This study also examines whether initial success vs initial failure leads serial crowdfunders to engage in more explorative behaviors (i.e. switching industry) and to take exploitative actions (i.e. adjusting campaign strategies in terms of goal setting and funding option).

Design/methodology/approach

Data on serial crowdfunding projects was retrieved from Indiegogo platform. The logistic regression models are estimated to assess the impact of past entrepreneurial experience on subsequent crowdfunding decisions, and to estimate the effects of the three strategies on subsequent funding performance.

Findings

The results show that serial creators who experienced successful initial crowdfunding are more likely to explore a new industry or product category in the crowdfunding market and to set a higher target capital for the subsequent campaign when they change a project category.

Originality/value

Despite the fact that there are a considerably large number of serial crowdfunders in crowdfunding market, relatively little research has been conducted to investigate the presence of learning benefits from a previous to a subsequent crowdfunding project. Two competing hypotheses, drawn from the attribution theory and hubris theory of entrepreneurship, were tested in this study to determine the impact of prior success vs failure experience on both subsequent crowdfunding decisions and funding performance.

Details

Internet Research, vol. 29 no. 5
Type: Research Article
ISSN: 1066-2243

Keywords

Article
Publication date: 1 February 1980

DAN E. INBAR

The classical dichotomy between success and failure is hardly applicable in the analysis of organisational behaviour, performance and outcomes in complex social roles, such as…

Abstract

The classical dichotomy between success and failure is hardly applicable in the analysis of organisational behaviour, performance and outcomes in complex social roles, such as those in education. A unique approach has to be developed. Hence, a threefold classification has been pursued here: unequivocal failure, “satisficing”, and unequivocal success. Although viewed as existing along a continuum, they are marked out by failure and success thresholds. Four basic role climates, transpiring from four basic failuresuccess configurations, have been identified and analysed: “apathetic”, “frustrating”, “tense”, and “tranquil” role climates, from which preliminary hypotheses of organisational behaviour have been derived. Application of the analytical framework developed here was restricted to the school principal, a complex role, with many components which are characterised by different and often conflicting role climates. Tentative propositions relating to school principal role climates and organisational behaviour were postulated on the basis of this analytical framework.

Details

Journal of Educational Administration, vol. 18 no. 2
Type: Research Article
ISSN: 0957-8234

Article
Publication date: 1 October 2006

Craig Standing, Andrew Guilfoyle, Chad Lin and Peter E.D. Love

The purpose of this research is to determine how project managers attribute information technology (IT) project success and failure.

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Abstract

Purpose

The purpose of this research is to determine how project managers attribute information technology (IT) project success and failure.

Design/methodology/approach

IT personnel from large Australian organisations completed an adapted version of the Attributional Styles questionnaire, which asked them to attribute causes along a number of attribution dimensions, for IT projects which have either succeeded or failed.

Findings

The results indicate that IT support workers attribute failure to external factors, whilst attributing success to themselves. On the other hand, executive management took a more balanced perspective which attribute success to external factors and only partially to themselves, whereas they attribute significant personal responsibility for failure.

Practical implications

More junior professionals and operational IT employees can learn from their senior professionals in attributing success and failure. Post‐implementation reviews and debriefings conducted by senior IT professionals are ways of passing on their experience in relation to project and self‐evaluations.

Originality/value

This paper takes a well established psychology theory and applies it to the management of information systems (IS)/IT projects. IS/IT research has not examined how IT professionals attribute success and failure within projects.

Details

Industrial Management & Data Systems, vol. 106 no. 8
Type: Research Article
ISSN: 0263-5577

Keywords

Article
Publication date: 11 February 2021

The purpose of this study is to examine formative evaluations of the training programs in order to uncover the configurations of designs which lead to the success of failure of…

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Abstract

Purpose

The purpose of this study is to examine formative evaluations of the training programs in order to uncover the configurations of designs which lead to the success of failure of trainers and trainees and to identify any common designs that generate this success or failure.

Design/methodology/approach

Data is taken from an entire calendar year using a 2017 database involving 429 training events by 264 trainers and 2,264 trainees and configurations are identified using a fuzzy set qualitative comparative analysis (fsQCA).

Findings

The results show that for trainers more configurations (five) are shown to lead to success than failure while for trainees fewer (three) lead to success than failure(six). One configuration leading to success and two leading to failure are common to both.

Practical implications

Therefore, this suggests that consideration of configurations which lead to success should be put in place when designing training programs and damaging pathways avoided.

Originality/value

This paper has an original approach as it analyses the success and failure of trainers and trainees concurrently through use of the fsQCA method.

Details

Human Resource Management International Digest , vol. 29 no. 3
Type: Research Article
ISSN: 0967-0734

Keywords

Article
Publication date: 8 June 2021

Sanya Ojo

This study aims to discover how ethnic entrepreneurs actually understand the performance of their business through clarification of key indicators they use in evaluating business…

Abstract

Purpose

This study aims to discover how ethnic entrepreneurs actually understand the performance of their business through clarification of key indicators they use in evaluating business success and failure.

Design/methodology/approach

The attribution of success and failure in business was investigated through in-depth interviews, bolstered by the self-determination theory, with some UK’s Black African entrepreneurs.

Findings

Findings suggest that ethnic entrepreneurs’ attribution of success and failure is not only subjectively constructed but also enacted through cultural symbolism. The combination of cultural and personal values provoked attitudinal idiosyncrasy that construes business failure as success.

Originality/value

The result offers valuable knowledge to academics/practitioners researching success and failure factors in the ethnic entrepreneurship field.

Article
Publication date: 1 April 1985

B.G. Dale and J. Lees

What constitutes a success, survivor, or failure regarding UK quality circle programmes, is not a clear‐cut issue, according to results from four questionnaire‐based surveys…

Abstract

What constitutes a success, survivor, or failure regarding UK quality circle programmes, is not a clear‐cut issue, according to results from four questionnaire‐based surveys carried out by the Department of Management Sciences at UMIST, 1982–4. It is an open question whether some quality circles have a limited life‐span and should be allowed to die off naturally when appropriate; circle activity often appears to resume once labour conditions have stabilised. The success of individual circles seems to depend greatly on how well their members work and integrate together, and how well the circle philosophy has been evolved to fit the company's style. A circle will only work as part of a policy of worker involvement and open management and if it is coupled with a specific long‐term company‐wide commitment to quality.

Details

International Journal of Operations & Production Management, vol. 5 no. 4
Type: Research Article
ISSN: 0144-3577

Keywords

Article
Publication date: 5 March 2018

Samir D. Baidoun, Robert N. Lussier, Maisa Burbar and Sawsan Awashra

The aim of this study is to examine the factors that lead to success or failure of a small business in the West Bank of Palestine.

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Abstract

Purpose

The aim of this study is to examine the factors that lead to success or failure of a small business in the West Bank of Palestine.

Design/methodology/approach

This study methodology is a survey research, testing the Lussier model of business success and failure with a sample of 246 small businesses (90 failed and 156 successful) to better understand the reasons of their success or failure using logistic regression statistical analysis.

Findings

The model is significant (p = 0.000); it will predict a group of businesses as successful or failed more accurately than random guessing 99 per cent of the time. The model will also predict a specific small firm as successful or failed 94 per cent of the time vs. 50 per cent for random guessing. The r-square is very high (r = 0.70), indicating that the model variables are, in fact, significant predictors of success or failure. Results indicate that having adequate capital, keeping good records with financial controls, making plans and getting professional advice on how to manage the firm are the most important factors for the viability and success of small businesses.

Practical implications

With the high rate of small business failure globally, results of this study provide a list of variables that contribute to the success of small firms. Firms that focus on these important factors will increase their odds of success. Thus, avoiding failure, firms better utilize resources that contribute to economic growth.

Originality/value

This is the first study that looks at success and failure of small businesses in Palestine. There is no one single accepted theory that may be applied to small businesses. This paper aims to further contribute to the global validity of Lussier success and failure model moving toward a theory to better understand why some businesses succeed and others fail.

Details

Journal of Entrepreneurship in Emerging Economies, vol. 10 no. 1
Type: Research Article
ISSN: 2053-4604

Keywords

Article
Publication date: 22 April 2005

Robert N. Lussier

The purpose of this study was to use the Lussier (1995) generic success versus failure (S/F) prediction model to develop a real estate industry specific model (S/F = f[industry…

Abstract

The purpose of this study was to use the Lussier (1995) generic success versus failure (S/F) prediction model to develop a real estate industry specific model (S/F = f[industry experience, age, advisors, planning, capital]). Using logistic regression analysis, the Lussier model (p = .028) and the real estate agency model (p = .001) are significant predictors of business success and failure. The Lussier model accurately predicted 84 percent of the surveyed successful and failed matched pairs agencies as being successful or failed and the real estate model predicted 74 percent. The Lussier model explained 68 percent of the variance of contributing factors to success versus failure and the real estate model explained 56 percent. Implications are discussed.

Details

American Journal of Business, vol. 20 no. 1
Type: Research Article
ISSN: 1935-5181

Keywords

Open Access
Article
Publication date: 27 April 2022

Marco Greco, Serena Strazzullo, Livio Cricelli, Michele Grimaldi and Benito Mignacca

Despite the multiple calls for research on the dark side of open innovation, very few studies have approached the topic so far. This study aims to analyse successful and

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Abstract

Purpose

Despite the multiple calls for research on the dark side of open innovation, very few studies have approached the topic so far. This study aims to analyse successful and unsuccessful open innovation projects.

Design/methodology/approach

This study uses thematic analysis to describe the factors determining their (un)success. The researchers interviewed 27 managers and owners in the manufacturing sector. Then, the respondents were asked to discuss one successful and one unsuccessful open innovation project to explore the differences in triggers and setbacks, focusing on the causes that determined the failures.

Findings

Findings show that many interviewees are reluctant to identify failure cases, which somewhat explains the paucity of studies on the topic, and others do so when the failure is recognised by a third party (such as a public institution not granting funds to the project). This study discussed how this phenomenon is linked with the paradoxical relation between innovation success and failure. It is also found that triggers and setbacks determining the project's (un)success are markedly differently based on the technological intensity of the firm. Implications for scholars and practitioners are also drawn.

Originality/value

This study provides a balanced view between open innovation successes and failures to offer informative recommendations to practitioners. Furthermore, it contributes to filling the scarcity of studies related to risks and failures of open innovation projects. This gap has been addressed by studying the factors that determine the success and unsuccess of an open innovation project.

Details

European Journal of Innovation Management, vol. 25 no. 6
Type: Research Article
ISSN: 1460-1060

Keywords

Article
Publication date: 8 February 2016

Ting-Jui Chou, En-Chung Chang, Yanan Zheng and Xiaofei Tang

The purpose of this study is to explore the effects of priming on consumer emotions and willingness to pay as consumers experience two services with two opposite valences.

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Abstract

Purpose

The purpose of this study is to explore the effects of priming on consumer emotions and willingness to pay as consumers experience two services with two opposite valences.

Design/methodology/approach

A 2 (service experience sequence: failuresuccess, successfailure) × 3(priming: positive, negative, no priming) between-subject experiment was conducted with 230 college students in China.

Findings

Results indicate that when priming information is included, people give greater decision weight to the second service. Specifically, in the failuresuccess scenario, priming information between two services increases positive emotions and decreases negative emotions, raising willingness to pay. In the successfailure scenario, priming information decreases positive emotions and increases negative emotions, thus lowering willingness to pay.

Practical implications

First, if businesses discover the possibility of a service failure, then disclosing negative information is better than whitewashing the truth. Second, services following a campaign of positively framed messages should be carefully rendered. The damage of pre-failure positive priming is most certainly irreparable. Finally, in terms of communication, businesses and service providers should cater to consumers exposed to different levels of information accordingly.

Originality/value

Previous investigations focusing on a single purchase have argued that priming effects should cause consumers of varying tastes to react in a more unified manner to a service. This study extends the research scope to more realistic situations ”sequential service experiences with opposite valences” and asserts that differences in service experiences alter the influence of priming information.

Details

Journal of Services Marketing, vol. 30 no. 1
Type: Research Article
ISSN: 0887-6045

Keywords

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