The wrong hype on entrepreneural failure

Prof. Dr. Holger Patzelt from the Chair of Entrepreneurship talks to German WirtschaftsWoche magazine about the misleading popularity of failing in an entrepreneural context.

“At the moment failing is extremely popular”, Holger Patzelt mentions, “but it is often forgotten, that there is a very painful experience behind it. For most of those affected, it is no redemption, but mostly depressing, hurtful and degrading.”

The whole article (in German) can be found here

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