Experiments on Entrepreneurial Decision Making

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Publisher : Now Publishers Inc
ISBN 13 : 1601981988
Total Pages : 69 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Experiments on Entrepreneurial Decision Making by : Christian Schade

Download or read book Experiments on Entrepreneurial Decision Making written by Christian Schade and published by Now Publishers Inc. This book was released on 2009 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experiments on Entrepreneurial Decision Making defines the structure of a decision-making process including examples, suggests a classification of experiments, explains different experimental designs, describes quality criteria of experiments and addresses the differences between economic and psychological experiments.

Trailblazing in Entrepreneurship

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Publisher : Springer
ISBN 13 : 3319487019
Total Pages : 299 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Trailblazing in Entrepreneurship by : Dean A. Shepherd

Download or read book Trailblazing in Entrepreneurship written by Dean A. Shepherd and published by Springer. This book was released on 2017-01-21 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license.In this book, the authors present a challenge for future research to build a stronger, more complete understanding of entrepreneurial phenomena. They argue that this more complete picture of entrepreneurial phenomena will likely come from scholars who undertake at least some trailblazing projects; from scholars who broaden the range of research questions, the potential outcomes of entrepreneurial action, and the selection and combination of research methods; and from researchers who avoid the endless debates about the margins of the field and its sub-fields or about whether one theoretical or philosophical lens is superior to another. This book offers suggestions for future research through a variety of topics including prosocial action, innovation, family business, sustainability and development, and the financial, social, and psychological costs of failure. It promises to make an important contribution to the development of the field and help academics, organizations, and society make useful contributions to the generation of entrepreneurial research.

Decision Making in Entrepreneurship

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Publisher : Edward Elgar Publishing
ISBN 13 : 1784716049
Total Pages : 502 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Decision Making in Entrepreneurship by : Dean A. Shepherd

Download or read book Decision Making in Entrepreneurship written by Dean A. Shepherd and published by Edward Elgar Publishing. This book was released on 2016-11-25 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Dean Shepherd focuses on the varying topics of entrepreneurship unified through conjoint analysis. Although the topic of entrepreneurial decision making is broad, in doing so, he reveals the mechanisms that come into play during the entrepreneurial decision-making process.

Experiments in decision-making under Risk

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Author :
Publisher : Rozenberg Publishers
ISBN 13 : 903610145X
Total Pages : 171 pages
Book Rating : 4.0/5 (361 download)

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Book Synopsis Experiments in decision-making under Risk by : Michał Wiktor Krawczyk

Download or read book Experiments in decision-making under Risk written by Michał Wiktor Krawczyk and published by Rozenberg Publishers. This book was released on 2009 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Entrepreneurial Dynamics

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Publisher : SAGE Publications
ISBN 13 : 1452261954
Total Pages : 609 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis Handbook of Entrepreneurial Dynamics by : William B Gartner

Download or read book Handbook of Entrepreneurial Dynamics written by William B Gartner and published by SAGE Publications. This book was released on 2004-06-21 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This important Handbook of Entrepreneurial Dynamics reports on the Panel Study of Entrepreneurial Dynamics (PSED), the most comprehensive scientifically representative study to date of nascent entrepreneurs. The book is unique because the study identified individuals in the process of creating new businesses to understand how, at its very source, people move from considering the option of starting a new business to its actual founding. This has never been done before in the history of entrepreneurship research... I cannot recommend this book more strongly to entrepreneurship scholars and those interested in where entrepreneurs come from and how they move from their initial idea to new venture founding." --Claudia Bird Schoonhoven, University of California, Irvine "This Handbook makes a terrific contribution to understanding entrepreneurship and new business creation. Its 38 chapters report major findings from the Panel Study of Entrepreneurial Dynamics (PSED), an unprecedented research program involving more than a hundred researchers from 10 countries. This Handbook is ′must reading′ for anyone interested in entrepreneurship research." --Andrew H. Van de Ven, Carlson School of Management, University of Minnesota Entrepreneurial activity provides profound positive benefits across an important set of measures of social and economic well-being, much of it concentrated in new economic sectors such as information technology. Yet, even though entrepreneurship has been shown to provide many benefits, it is surprising that there has not been a systematic study of the entrepreneurial process. The Handbook of Entrepreneurial Dynamics: The Process of Business Creation fills this gap by offering theories, ideas, and measures that can be used to explore and understand the factors that encompass and influence the creation of new businesses. The chapters in the handbook provide the rationale for questionnaires used in the Panel Study of Entrepreneurial Dynamics (PSED). The PSED is a research program that was initiated to provide systematic, reliable, and generalizable data on important features of the new business creation process. The PSED includes information on the proportion and characteristics of the adult population involved in efforts to start businesses, the activities and characteristics that comprise the nature of the business start-up process, and the proportion and characteristics of those business start-up efforts that actually become new businesses. The handbook also describes the PSED data collection process; provides documentation of the interview schedules, codebooks, data preparation and weighting scheme; as well as offers examples of how analyses of PSED data might be conducted. The authors identify specific measures that can be used to operationalize theory as well as provide evidence from the PSED data sets on these measures′ reliability and validity. The Handbook of Entrepreneurial Dynamics is ideal for a sizeable audience, including graduate students, academics, and librarians in schools of business and management who need a comprehensive reference on business creation. In addition, researchers and policy makers at the federal, state, and local level will find this an invaluable reference covering all of the factors involved in new venture formation. Key Features: * Considers categories of data not available prior to the PSED * Includes a comprehensive overview of theories about new business formation * Provides demographics of nascent entrepreneurs * Analyzes the cognitive characteristics of nascent entrepreneurs * Explores all of the processes of new business formation

A Scientific Approach to Entrepreneurial Decision-making

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Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis A Scientific Approach to Entrepreneurial Decision-making by : Arnaldo Camuffo

Download or read book A Scientific Approach to Entrepreneurial Decision-making written by Arnaldo Camuffo and published by . This book was released on 2017 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classical approach to collecting and elaborating information to make entrepreneurial decisions combines search heuristics such as trial and error, effectuation, and confirmatory search. This paper develops a framework for exploring the implications of a more scientific approach to entrepreneurial decision making. The panel sample of our randomized control trial includes 116 Italian startups and 16 data points over a period of about one year. Both the treatment and control groups receive 10 sessions of general training on how to obtain feedback from the market and gauge the feasibility of their idea. We teach the treated startups to develop frameworks for predicting the performance of their idea and to conduct rigorous tests of their hypotheses very much like scientists do in their research. We let the firms in the control group, instead, follow their intuitions about how to assess their idea, which has typically produced fairly standard search heuristics. We find that entrepreneurs who behave like scientists perform better, pivot to a greater extent to a different idea, and do not drop out less than the control group in the early stages of the startup. These results are consistent with the main prediction of our theory: a scientific approach improves precision -- it reduces the odds of pursuing projects with false positive returns, and raises the odds of pursuing projects with false negative returns.

Entrepreneurship Under Radical Uncertainty - A Cognitive Perspective on Experimenting in the Unknown

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Author :
Publisher : Bob Bastian
ISBN 13 :
Total Pages : 251 pages
Book Rating : 4./5 ( download)

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Book Synopsis Entrepreneurship Under Radical Uncertainty - A Cognitive Perspective on Experimenting in the Unknown by : Bob Bastian

Download or read book Entrepreneurship Under Radical Uncertainty - A Cognitive Perspective on Experimenting in the Unknown written by Bob Bastian and published by Bob Bastian. This book was released on with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurs move their venture creation process from an uncertain, unknown future toward somewhat more certain and knowable. To support present actions about future outcomes on this journey, entrepreneurs essentially need to understand what they know and don’t know yet. Individuals, however, are not destined to have a complete awareness of their ignorance. It is precisely unawareness why a certain opportunity has not yet been exploited, but decisions require fast strategies to simplify information and not lose the opportunity. Thus, knowledge only might not naturally advance opportunities. This book provides insights about how entrepreneurs cope with this apparent contradiction. Based on qualitative and experimental insights, the book explores the relevance of knowing what you don’t know with the help of the science of self-awareness. A key point is that metacognition plays an essential role to overcome cognitive barriers to come to logical judgments and decisions.

Entrepreunarial Decision Making Under Ambiguity

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Publisher :
ISBN 13 :
Total Pages : 133 pages
Book Rating : 4.:/5 (113 download)

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Book Synopsis Entrepreunarial Decision Making Under Ambiguity by : Anisa Shyti

Download or read book Entrepreunarial Decision Making Under Ambiguity written by Anisa Shyti and published by . This book was released on 2014 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship scholars have resolved that overconfidence may play a role in entrepreneurial decisions. Although informative, extant research offers limited explanations on the mechanisms through which overconfidence contributes to the observed behavior. Moreover, important aspects of uncertainty and ambiguity, quintessential in entrepreneurial activity, are nearly neglected, and most studies focus on risk. My dissertation investigates entrepreneurs' attitudes towards ambiguity and the impact of overconfidence. Given this goal, I employ modern ambiguity theories and design several experiments, each aimed at responding to a precise research question, contributing to the grand theme of the manuscript. Findings suggest that overconfidence enhances decision makers' proneness to ambiguity, and both phenomena are context-related and likelihood dependent. I also find that entrepreneurs are more optimistic than non- entrepreneurs when deciding both under risk and ambiguity. Yet, entrepreneurs are more pessimistic under ambiguity compared to risk, while non-entrepreneurs do not discriminate between the two. The contribution of my work consists in bringing entrepreneurs where they belong: deciding under ambiguity... in the laboratory or in the wild.

Entrepreneurial Decision-making

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781958773
Total Pages : 176 pages
Book Rating : 4.9/5 (587 download)

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Book Synopsis Entrepreneurial Decision-making by : Veronica Gustafsson

Download or read book Entrepreneurial Decision-making written by Veronica Gustafsson and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This fascinating book aims to provide a deeper understanding of the decision-making processes of entrepreneurs. This is achieved via a comparison of entrepreneurial individuals with different levels of expertise in contexts with varying degrees of potential for entrepreneurial success. This multidisciplinary study is based on entrepreneurship theory and empirical research as well as cognitive psychology. The cognitive perspective provides a link between the entrepreneur and new business creation by focusing on an individual's cognitive behaviour rather than on their personality traits. The essential issues of gathering and application of knowledge and expertise are also addressed: one of the most important implications of the study is that successful entrepreneurial decision-making behaviour can actually be taught and learned. The book concludes, however, that the provision of optimal teaching methods of this decision-making behaviour is a stiff challenge faced by entrepreneurship education. Presenting a novel combination of cognitive psychology and entrepreneurship theory with important practical implications, this book will strongly appeal to those involved in the study of entrepreneurship and cognitive psychology, and business and management. Entrepreneurs themselves will also find much to interest them in this book.

Habitual Entrepreneurs

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Publisher : Now Publishers Inc
ISBN 13 : 1601981120
Total Pages : 154 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Habitual Entrepreneurs by : Deniz Ucbasaran

Download or read book Habitual Entrepreneurs written by Deniz Ucbasaran and published by Now Publishers Inc. This book was released on 2008 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Habitual Entrepreneurs examines the scale of habitual entrepreneurship and uses insights from human capital theory and cognitive theories to present a theoretical case for distinguishing between different types of entrepreneurs with reference to their prior business ownership experience.

Experimentation Works

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Publisher : Harvard Business Press
ISBN 13 : 1633697118
Total Pages : 252 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Experimentation Works by : Stefan H. Thomke

Download or read book Experimentation Works written by Stefan H. Thomke and published by Harvard Business Press. This book was released on 2020-02-18 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don't fly blind. See how the power of experiments works for you. When it comes to improving customer experiences, trying out new business models, or developing new products, even the most experienced managers often get it wrong. They discover that intuition, experience, and big data alone don't work. What does? Running disciplined business experiments. And what if companies roll out new products or introduce new customer experiences without running these experiments? They fly blind. That's what Harvard Business School professor Stefan Thomke shows in this rigorously researched and eye-opening book. It guides you through best practices in business experimentation, illustrates how these practices work at leading companies, and answers some fundamental questions: What makes a good experiment? How do you test in online and brick-and-mortar businesses? In B2B and B2C? How do you build an experimentation culture? Also, best practice means running many experiments. Indeed, some hugely successful companies, such as Amazon, Booking.com, and Microsoft, run tens of thousands of controlled experiments annually, engaging millions of users. Thomke shows us how these and many other organizations prove that experimentation provides significant competitive advantage. How can managers create this capability at their own companies? Essential is developing an experimentation organization that prizes the science of testing and puts the discipline of experimentation at the center of its innovation process. While it once took companies years to develop the tools for such large-scale experiments, advances in technology have put these tools at the fingertips of almost any business professional. By combining the power of software and the rigor of controlled experiments, today's managers can make better decisions, create magical customer experiences, and generate big financial returns. Experimentation Works is your guidebook to a truly new way of thinking and innovating.

Entrepreneurial Strategic Decision-making

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Publisher : Edward Elgar Publishing
ISBN 13 : 1848444036
Total Pages : 261 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis Entrepreneurial Strategic Decision-making by : Patrick Alexander Maria Vermeulen

Download or read book Entrepreneurial Strategic Decision-making written by Patrick Alexander Maria Vermeulen and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a commendable source of reference for entrepreneurship researchers. It offers insight into a number of focused research accounts that may assist other researchers in their entrepreneurship research proposals and execution. . . the literature review section will be of particular value to such early scholars of the field. The book is highly recommended for postgraduate entrepreneurship students and would be worthy of filling a space on any active entrepreneurship researcher s bookshelf. David Douglas, International Journal of Entrepreneurial Behaviour and Research Strategic choices made by entrepreneurs have major consequences for SME performance. This book explores the factors that influence entrepreneurial strategic decisions using a cognitive theoretical framework. The proposed model, based on a dual processing approach, integrates motivation, emotions and information processing modes and is tested in several empirical studies. The results show the model s potential for furthering interesting research agendas in entrepreneurial cognition research. The authors also reveal that entrepreneurial cognitions can be elicited and represented in the form of cognitive maps. The structural complexity of the cognitive maps (cognitive complexity) is an important prerequisite of effective strategic decisions and is a core concept for the advancement of our knowledge in entrepreneurial cognition. The book is an informed and interesting exploration of entrepreneurial cognition with both theoretical and methodological contributions to this field of research. Entrepreneurial Strategic Decision-Making will be of great interest to undergraduate students and academics in the field of entrepreneurship. Policymakers will learn from this book to understand the distinctions between various types of entrepreneurial decision-makers and the way they make strategic decisions.

The Power of Experiments

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Publisher : MIT Press
ISBN 13 : 0262542277
Total Pages : 229 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Power of Experiments by : Michael Luca

Download or read book The Power of Experiments written by Michael Luca and published by MIT Press. This book was released on 2021-03-02 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: How tech companies like Google, Airbnb, StubHub, and Facebook learn from experiments in our data-driven world—an excellent primer on experimental and behavioral economics Have you logged into Facebook recently? Searched for something on Google? Chosen a movie on Netflix? If so, you've probably been an unwitting participant in a variety of experiments—also known as randomized controlled trials—designed to test the impact of different online experiences. Once an esoteric tool for academic research, the randomized controlled trial has gone mainstream. No tech company worth its salt (or its share price) would dare make major changes to its platform without first running experiments to understand how they would influence user behavior. In this book, Michael Luca and Max Bazerman explain the importance of experiments for decision making in a data-driven world. Luca and Bazerman describe the central role experiments play in the tech sector, drawing lessons and best practices from the experiences of such companies as StubHub, Alibaba, and Uber. Successful experiments can save companies money—eBay, for example, discovered how to cut $50 million from its yearly advertising budget—or bring to light something previously ignored, as when Airbnb was forced to confront rampant discrimination by its hosts. Moving beyond tech, Luca and Bazerman consider experimenting for the social good—different ways that governments are using experiments to influence or “nudge” behavior ranging from voter apathy to school absenteeism. Experiments, they argue, are part of any leader's toolkit. With this book, readers can become part of “the experimental revolution.”

Decision Making in Groups and Networks

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (753 download)

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Book Synopsis Decision Making in Groups and Networks by : Niels D. Große

Download or read book Decision Making in Groups and Networks written by Niels D. Große and published by . This book was released on 2010 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Anatomy of Entrepreneurial Decisions

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Publisher : Springer
ISBN 13 : 3030196852
Total Pages : 330 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis The Anatomy of Entrepreneurial Decisions by : Andrea Caputo

Download or read book The Anatomy of Entrepreneurial Decisions written by Andrea Caputo and published by Springer. This book was released on 2019-08-02 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation, success and long-term survival of enterprises are fundamentally linked to the effectiveness of decision-making processes and negotiation capabilities. This book provides an overview of research into how decisions permeate entrepreneurial ventures throughout their lifecycle. A multidisciplinary approach combining psychology, sociology and political science is used to investigate how entrepreneurs address and deal with decision-making. The respective contributions highlight the latest empirical, theoretical and meta-research, and bridge the gap between literature on entrepreneurship, entrepreneurial and innovative behaviours with that on decision-making and negotiation. This book is one of the first to combine these streams of research, thereby offering a new and insightful addition to the field of entrepreneurship.

Complexity in Entrepreneurship, Innovation and Technology Research

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Publisher : Springer
ISBN 13 : 3319271083
Total Pages : 490 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Complexity in Entrepreneurship, Innovation and Technology Research by : Elisabeth S.C. Berger

Download or read book Complexity in Entrepreneurship, Innovation and Technology Research written by Elisabeth S.C. Berger and published by Springer. This book was released on 2016-02-25 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume discusses the challenge of dealing with complexity in entrepreneurship, innovation and technology research. Businesses as well as entire economies are increasingly being confronted by widespread complex systems. Fields such as entrepreneurship and innovation cannot ignore this reality, especially with their inherent links to diverse research fields and interdisciplinary methods. However, most methods that allow more detailed analyses of complex problems are either neglected in mainstream research or are, at best, still emerging. Against this backdrop, this book provides a forum for the discussion of emergent and neglected methods in the context of complexity in entrepreneurship, innovation and technology research, and also acts as an inspiration for academics across related disciplines to engage more in complexity research.

Empirical International Entrepreneurship

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Publisher : Springer Nature
ISBN 13 : 3030689727
Total Pages : 513 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Empirical International Entrepreneurship by : Vahid Jafari-Sadeghi

Download or read book Empirical International Entrepreneurship written by Vahid Jafari-Sadeghi and published by Springer Nature. This book was released on 2021-05-21 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is focused on the analytical dimension in researching ​international entrepreneurship. It offers a diverse collection of chapters focused on qualitative and quantitative methods that are being practised and can be used by future researchers in the field of international entrepreneurship. The qualitative cluster covers articles, conceptual and empirical chapters as well as literature reviews, whereas the quantitative cluster analyses international entrepreneurship through a broad range of statistical methods such as regressions, panel data, structural equation modelling as well as decision-making and optimisation models in certain and uncertain circumstances. This book is essential reading for researchers, scholars and practitioners who want to learn and implement new methods in analysing entrepreneurial opportunities across national borders.