Analysing embeddedness dimensions in the context of entrepreneurial failures
DOI:
https://doi.org/10.14267/VEZTUD.2025.09.01Keywords:
entrepreneurial failure, social embeddedness, context, frameworkAbstract
In entrepreneurship research, embeddedness has received a lot of criticism recently, and there is a lack of studies investigating the embeddedness of entrepreneurial failures. The central research question is how the authors can describe the context of entrepreneurial failures using the framework of social embeddedness. Based on an analysis of international literature on entrepreneurial failures and the results of in-depth interview research, the study formalizes a four-dimensional model (cognitive, cultural, structural, and political). Based on the results, the four embeddedness dimensions are interconnected; therefore, examining them together is strongly recommended. It was confirmed that embeddedness can only be examined dynamically, as it changes over time, and entrepreneurs can consciously influence their embeddedness. The proposed model was tested regarding failure but can be easily adapted to other entrepreneurship topics. The findings reveal that it is more important to describe the context experienced by entrepreneurs than to characterize it based on statistical data.Downloads
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