THE ENTREPRENEUR'S ROAD: FAILURE CONCEPTS

Radostin Vazov

Abstract


The aim of this paper is to analyze entrepreneurial failures and to outline a framework for future research. While the main goal of all entrepreneurial concepts is the successful use of entrepreneurial opportunities, failure is not necessarily a totally negative result, as some failures can lay the foundation for success. This road from failure to success can be seen in the development of new products in corporations as well as in the entrepreneurs themselves.

Keywords


entrepreneurship, entrepreneurial failures

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