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We provide empirical evidence that uncertainty (rather than risk) and optimism are distinctive characteristics of high … entrepreneurial entry predation model with uncertainty. We show that entrepreneurial optimism can mitigate problems associated with …
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Entrepreneurs' exposure to economic uncertainty from regulation, monetary policy, and taxation is exacerbated by the … inflexibility of capital asset commitments. Entrepreneurs adapt to uncertainty by reducing asset specificity. While the mainstream … approach tends to focus on reduced aggregate investment resulting from uncertainty, the effects cannot be fully comprehended …
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This Article explores the relationship between framing, necessitarian discourse and risk entrepreneurialism. The most … themselves. Entrepreneurs pursue risk-taking when the likelihood of harm to themselves is quite high if they don’t take the risk … probability environments.This pattern of behavior not only mirrors the choice architecture of prospect theory, but it also …
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talent, learn from experience. As a consequence, both optimistic bias in talent beliefs and uncertainty diminish with … optimistic than employees, and both optimism and uncertainty diminish with experience …
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