An Empirical Study into the Impact of Entrepreneurial Failures on Subsequent Entrepreneurial Intention

As entrepreneurial activities are becoming more and more popular in China these years, considering the relative low success rate of entrepreneurship, it is of great importance that we study the influence of entrepreneurial failure on entrepreneurs' future entrepreneurial intentions and decisions. This article provides an empirical view of the relationship between entrepreneurial failures and subsequent entrepreneurial intention by studying into 159 Chinese entrepreneurs who have entrepreneurial failure experience before, and comes to a solid conclusion of the impacting relationship, hoping to provide researches a new perspective for future studies.