Phenomenological Insights into Entrepreneurial Failure Cases in Türkiye

Abstract

The concept of entrepreneurial failure holds global significance, providing valuable insights into entrepreneurship’s multifaceted challenges and consequences. This issue is similarly essential for Türkiye, whose self-employment rate is falling rapidly. This study explores the micro-level impact of entrepreneurial failure on entrepreneurs, employing interpretative phenomenological analysis (IPA) with a sample of six Turkish participants who have experienced failure in their entrepreneurial pursuits. The study’s findings reveal unique patterns within social contexts; notable differences emerge between immediate and broader social settings. Moreover, this yields implications in the aftermath of failure and learning. This study provides insights into understanding entrepreneurial failure as an experience by emphasizing the importance of specific social dynamics and relationships in the failure process.

Keywords

• entrepreneurship
• entrepreneurial failure
• consequences
• ipa