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the debate has led to little additional insight in entrepreneurship and we develop the case for abandoning the construct … altogether. Uncertainty is central to entrepreneurship and innovation yet absent from opportunity-based approaches. We offer … instead a “judgment-based view” of entrepreneurship which revolves around the nexus of resource heterogeneity and uncertainty …
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This article outlines why highly confident entrepreneurs of focal ventures are better positioned to start and succeed with another venture; and therefore why overconfidence in one's capabilities functionally persists and pervades amongst entrepreneurs. By combining cognitive perspectives on...
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