The Game Changers that are changed by the Game (Entrepreneurs’ personal characteristics and learnings from failure)

Sammanfattning: Abstract Problem: While it has been extensively studied which personal characteristics enhance entrepreneurial learning from failure, the mechanisms of how those characteristics contribute to entrepreneurial learning process has not yet been fully understood. Aim: Through a comprehensive model, this research aims to explore how different personal characteristics influence the different stages of experiential learning as defined by Kolb (1984, 2014) with the purpose to contribute to a deeper understanding of entrepreneurial learning from failure, to enhance the effectiveness and efficiency of entrepreneurial activities. Methods: The study was based on a qualitative research design, including comparative case studies of seven successful and four not yet, successful entrepreneurs. Semi-structured in depth interviews were conducted to gather empirical data. Results: The study showed that a mix of cognitive, emotional, and social capabilities and personal motivation and attitude characteristics impact different stages in the entrepreneurial learning process from failure. It was further found that critical realism and social structures had a significant impact on the personal characteristics and learning process. Implications: The study develops a comprehensive model focusing on the intersection of personal characteristics and experiential learning from failure. Based on the study conclusions, recommendations for further research were suggested, pointing to the relevance of exploring social context affecting personal characteristics and the learning process from failure. Keywords: entrepreneurial learning, failure, experiential learning, personal characteristics