“Why Failed Start-up Projects Can Be a Career Booster: Insights from Economist Prof. Dr. Andreas Engelen”

Failure has a negative connotation in our society. This also applies to founders who have not had the desired success with their project and have given up. It is precisely this fear that certainly keeps many potential founders away. But: can they still have a career in a company as employees afterwards? Andreas Engelen has investigated this question in large numbers of empirical studies – with secondary data and experiments – and with interesting results: failed founders are often particularly successful in subsequent career steps.

Prof. Dr. Andreas Engelen has held the chair for business administration, in particular management, at Heinrich Heine University since 2019. His research deals with topics of strategic and entrepreneurial management. A current focus of his research is on studies that uncover success factors in the emergence of new business – both in the context of established companies and in the startup context.

With their lectures as part of the ‘oeconomicum live’ series, professors from the Faculty of Economics make business tangible. Its goal is to make current and complex economic issues comprehensible for those interested. The focus is on very different issues of business and economic research.

All lectures are public and free of charge – interested parties are welcome! The series of events and further information here.

The series of events as part of the Citizens’ University is planned as a hybrid format, ie participation is either in the university building or from home via Livestream possible.

Deadline:
Tuesday, May 2nd, 2023, 7.30 p.m
University building, Schadowplatz 14, Düsseldorf

For the Livestream:

Next lecture in the series:
06.06.2023
“Exchange Traded Funds (ETF) as a form of investment for private investors”
Univ.-Prof. dr Christoph J. Börner, Chair of Business Administration, esp. Financial Services