To explain under which conditions, problems lead to learning and venture progress,we draw on the concept of error mastery orientation, which reflects a proactive and positive approach toward handling errors
The Role of Entrepreneurial Learning and Error Mastery Orientation
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Dealing with problems can come with severe costs, such as investing time and money that can put further strain on entrepreneurs’ already stretched resources. Additionally, problems can deplete psychological resources, decrease entrepreneurs’ self esteem, and cause negative emotions, such as anxiety and anger.