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Entrepreneur’s cognitive biases have emerged as one of the central themes in understanding the performance of entrepreneurial firms. Research has shown that entrepreneur’s overconfidence and optimism bias help firm creation, but also contribute to firm failure. Prior studies using cognitive...
Persistent link: https://www.econbiz.de/10010786690
Entrepreneur s cognitive biases have emerged as one of the central themes in understanding the performance of entrepreneurial firms. Research has shown that entrepreneur s overconfidence and optimism bias help firm creation, but also contribute to firm failure. Prior studies using cognitive...
Persistent link: https://www.econbiz.de/10012905478
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Habitual entrepreneurs are a frequent and important phenomenon in entrepreneurship and for the economy. We lack, however, a systematic understanding of the advantages or disadvantages of multiple business ownership and specifically if portfolio and serial entrepreneurs are different in detecting...
Persistent link: https://www.econbiz.de/10011990659
In the entrepreneurship literature, the phenomenon of industry emergence has been largely investigated from an institutional perspective. Appropriate institutions would allow then a group of individual entrepreneurs ("the heroes") to create an industry through innovative ventures. New ventures...
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