theoretic foundation of entrepreneurship on an analytical standard comparable to that of traditional decision theory. Second, in … many other evolutionary economists have assigned to entrepreneurship, including: the dichotomy between innovation and …This paper shifts the focus to the microeconomic and decision theoretic foundation of evolutionary processes: It argues …

Entrepreneurship scholars are interested in understanding and describing how entrepreneurs make decisions under … for entrepreneurial decision-making. We examine a range of decision theories, ranking them in an order starting from EUT … main components and underlying concepts as they apply to entrepreneurial decision making. …

entrepreneurs and 37 MBA students to think aloud continuously as they solved typical decision-making problems in creating a new …