Entrepreneurs act in environments of great risk and high
uncertainty, and as a result, failure is a common occurrence. For
this volume, Professor Shepherd has made a judicious selection of
published articles, which explore the antecedents to and potential
outcomes of entrepreneurial failure. By understanding these causes
and consequences, entrepreneurs may become better able to manage
failure, to reduce its costs and to capitalize on its benefits.
With an insightful original introduction by the editor, the book
provides an authoritative guide to current scholarly debate in this
topical area and lays a foundation for future study.
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