The theoretical literature identifies three important entrepreneurial dimensions,namely discovering new opportunities, responsiveness to uncertainty, and coordination of a firm.In the empirical literature, past experience has been identified as having an important influenceon organizational...

Recently, it has been suggested that the process of economic development should ideally be viewed as a socioeconomictransformation. Such a view requires a comprehensive understanding of how agents learn and changetheir behaviour. However, these aspects have only been inadequately addressed in...