Regional Economics Commons^™

What Will The Neighbors Think? Perceptions Of Failure Intolerance On Individual Entrepreneurial Intention In The Rural Midwest, Brock M. Stout

Dissertations

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 …