Date of Award
Fall 12-2015
Degree Type
Dissertation
Degree Name
Doctor of Philosophy (PhD)
Department
Human Capital Development
School
Interdisciplinary Studies and Professional Development
Committee Chair
Heather Annulis
Committee Chair Department
Human Capital Development
Committee Member 2
Cyndi Gaudet
Committee Member 2 Department
Human Capital Development
Committee Member 3
Dale Lunsford
Committee Member 3 Department
Human Capital Development
Committee Member 4
Quincy Brown
Committee Member 4 Department
Human Capital Development
Abstract
Entrepreneurship is increasingly considered the most efficacious economic development intervention, but employing research-informed efforts is important. Extensive literature links the perception of a local culture’s intolerance of business failure to extinguishing of entrepreneurial intention in a community. Some research refutes that link. This study investigated the influence of perceived failure intolerance (PFI) on entrepreneurial intention—and the influence of self-efficacy on perceived failure intolerance—in the rural Midwestern United States. The study employed a modified Delphi methodology to analyze the decision-making processes of potential entrepreneurs as interpreted by experts in rural entrepreneurship. The study provides data about the interaction of human capital and entrepreneurship, for more effective support of potential entrepreneurs. The study concludes that PFI is not a critical hindrance to entrepreneurial intention in potential entrepreneurs in the rural Midwest, but PFI can discourage certain types of people from becoming potential entrepreneurs. Communities can intervene to increase the likelihood of developing collective entrepreneurial intention.
ORCID ID
0000-0003-0052-8713
Copyright
2015, Brock M. Stout
Recommended Citation
Stout, Brock M., "What Will the Neighbors Think? Perceptions of Failure Intolerance on Individual Entrepreneurial Intention in the Rural Midwest" (2015). Dissertations. 197.
https://aquila.usm.edu/dissertations/197