Volume 14 addresses the central issue of entrepreneurial action:
while many factors are important to the phenomenon of
entrepreneurship, entrepreneurship does not happen until someone
takes action! Leading scholars address this through cutting edge
thinking on entrepreneurial action via concepts such as
'world-making' and entrepreneurial agency. Two empirical chapters
examine how conditions of uncertainty shape the action that
underlies opportunity creation and how specific venture creation
actions effect nascent entrepreneurial efforts. An integrative
model of the cognitive processes provides new insights regarding
the importance of inflection points. The role of institutions in
entrepreneurial action is examined in the case of state-sponsored
social protection and university-based technology transfer systems.
Applying effectual and linear models of entrepreneurial action in
college classrooms is also explored. The final chapter examines the
conceptual foundations and research challenges that lie ahead for
scholars investigating entrepreneurial action.
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