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This open access book investigates the inter-relationship between
the mind and a potential opportunity to explore the psychology of
entrepreneurship. Building on recent research, this book offers a
broad scope investigation of the different aspects of what goes on
in the mind of the (potential) entrepreneur as he or she considers
the pursuit of a potential opportunity, the creation of a new
organization, and/or the selection of an entrepreneurial career.
This book focuses on individuals as the level of analysis and
explores the impact of the organization and the environment only
inasmuch as they impact the individual's cognitions. Readers will
learn why some individuals and managers are able to able to
identify and successfully act upon opportunities in uncertain
environments while others are not. This book applies a cognitive
lens to understand individuals' knowledge, motivation, attention,
identity, and emotions in the entrepreneurial process.
This open access book focuses on explaining differences amongst
organizations regarding various attributes, forms, and outcomes. By
focusing on the "how" of new venture creation and management to
produce well-established organizations, the authors aim to increase
our understanding of the antecedents of most management research
assumptions. New ventures are the source of most newly created jobs
generated in an economy, new industries and markets, innovative
products and services, and new solutions to economic, social, and
environmental problems. However, most management research assumes a
well-established organization as the starting point of their
theorizing. Building on the notion of guided attention, it details
how entrepreneurs can allocate their transient attention to
identify potential opportunities from environmental change and how
entrepreneurs allocate their sustained attention to form beliefs
about radical and incremental opportunities requiring
entrepreneurial action. The authors explain how entrepreneurs build
such communities and engage community members over time to
co-construct potential opportunities for new venture progress.
Using the lean startup framework, they connect the dots between the
theorizing on identifying and co-constructing potential
opportunities and the startup of new ventures. This leads to a new
overarching framework based on are (1) co-creating a startup, (2)
organizing a startup, and (3) performing a startup to bring
together the many disparate threads of research on new ventures.
The authors then theorize on the importance of knowledge in
organizational scaling. Based on cutting-edge research from the
leading entrepreneurship journals, this book expands knowledge on
the cognitive aspect of the new venture creation process.
Providing an important and timely overview of research on the
exciting area of entrepreneurship in biotechnology, The Handbook of
Bioentrepreneurship examines one of the most promising industries
of the 21st century. While genetically engineered food and
biopharmaceuticals have made biotechnology part of our everyday
life, starting a bioventure is among the most complex and risky
entrepreneurial tasks given long development cycles, high
technological and market uncertainty, and high capital intensity.
Providing unparalleled in-depth and detailed analysis, this
Handbook sheds light on business models and strategies, financing,
cooperation networks between firms and universities, among other
issues. With new developments in biotechnology increasingly in the
news, this is an important source for readers interested in public
policy, entrepreneurship, and business in the 21st century.
This book investigates an entrepreneurial approach to building new
theories. It provides a rich understanding of how specific tools
facilitate aspects of the theorizing process and offers a clearer
big picture of the process of building important new
entrepreneurship theories. The authors show that anthropomorphizing
has been a critically important tool for developing influential
entrepreneurship theories. They reveal how scholars build on their
rich and highly accessible understanding of humans (i.e., the self
and others) to make guesses and sense of entrepreneurial anomalies,
articulate theoretical mechanisms to build more robust
entrepreneurship theories, and create plausible stories that
facilitate sensegiving. Further, they offer a framework that guides
entrepreneurship scholars in finding a balance to maximize their
contributions and guides reviewers and editors in managing the
revise-and-resubmit process to advance the entrepreneurship field.
Finally, they present lean scholarship as an approach to developing
a portfolio of high-quality, high-impact papers. Lean scholarship
starts with an entrepreneurial mindset and involves creating a
minimum viable paper, exploring its validity, adding a plausible
paper to one's portfolio, and managing the portfolio by
periodically deciding whether to persevere, pivot, or terminate
each paper. This seminal work will appeal to entrepreneurship
researchers, both those new to the field as well as seasoned
veterans, who want to learn more about the tools that can be used
to generate new knowledge about new ventures and other
entrepreneurship topics. This is an open access book.
This book is open access under a CC BY 4.0 license.In this book,
the authors present a challenge for future research to build a
stronger, more complete understanding of entrepreneurial phenomena.
They argue that this more complete picture of entrepreneurial
phenomena will likely come from scholars who undertake at least
some trailblazing projects; from scholars who broaden the range of
research questions, the potential outcomes of entrepreneurial
action, and the selection and combination of research methods; and
from researchers who avoid the endless debates about the margins of
the field and its sub-fields or about whether one theoretical or
philosophical lens is superior to another. This book offers
suggestions for future research through a variety of topics
including prosocial action, innovation, family business,
sustainability and development, and the financial, social, and
psychological costs of failure. It promises to make an important
contribution to the development of the field and help academics,
organizations, and society make useful contributions to the
generation of entrepreneurial research.
This open access book investigates the inter-relationship between
the mind and a potential opportunity to explore the psychology of
entrepreneurship. Building on recent research, this book offers a
broad scope investigation of the different aspects of what goes on
in the mind of the (potential) entrepreneur as he or she considers
the pursuit of a potential opportunity, the creation of a new
organization, and/or the selection of an entrepreneurial career.
This book focuses on individuals as the level of analysis and
explores the impact of the organization and the environment only
inasmuch as they impact the individual's cognitions. Readers will
learn why some individuals and managers are able to able to
identify and successfully act upon opportunities in uncertain
environments while others are not. This book applies a cognitive
lens to understand individuals' knowledge, motivation, attention,
identity, and emotions in the entrepreneurial process.
This book is open access under a CC BY 4.0 license.In this book,
the authors present a challenge for future research to build a
stronger, more complete understanding of entrepreneurial phenomena.
They argue that this more complete picture of entrepreneurial
phenomena will likely come from scholars who undertake at least
some trailblazing projects; from scholars who broaden the range of
research questions, the potential outcomes of entrepreneurial
action, and the selection and combination of research methods; and
from researchers who avoid the endless debates about the margins of
the field and its sub-fields or about whether one theoretical or
philosophical lens is superior to another. This book offers
suggestions for future research through a variety of topics
including prosocial action, innovation, family business,
sustainability and development, and the financial, social, and
psychological costs of failure. It promises to make an important
contribution to the development of the field and help academics,
organizations, and society make useful contributions to the
generation of entrepreneurial research.
Learning from Entrepreneurial Failure provides an important
counterweight to the multitude of books that focus on
entrepreneurial success. Failure is by far the most common scenario
for new ventures and a critical part of the entrepreneurial process
is learning from failure and having the motivation to try again.
This book examines the various obstacles to learning from failure
and explores how they can be overcome. A range of topics are
discussed that include: why some people have a more negative
emotional reaction to failure than others and how these negative
emotions can be managed; why some people delay the decision to
terminate a poorly performing entrepreneurial venture; anti-failure
biases and stigmatism in organizations and society; and the role
that the emotional content of narratives plays in the sense-making
process. This thought-provoking book will appeal to academic
researchers, graduate students and professionals in the fields of
entrepreneurship and industrial psychology.
Providing an important and timely overview of research on the
exciting area of entrepreneurship in biotechnology, The Handbook of
Bioentrepreneurship examines one of the most promising industries
of the 21st century. While genetically engineered food and
biopharmaceuticals have made biotechnology part of our everyday
life, starting a bioventure is among the most complex and risky
entrepreneurial tasks given long development cycles, high
technological and market uncertainty, and high capital intensity.
Providing unparalleled in-depth and detailed analysis, this
Handbook sheds light on business models and strategies, financing,
cooperation networks between firms and universities, among other
issues. With new developments in biotechnology increasingly in the
news, this is an important source for readers interested in public
policy, entrepreneurship, and business in the 21st century.
This book investigates an entrepreneurial approach to building new
theories. It provides a rich understanding of how specific tools
facilitate aspects of the theorizing process and offers a clearer
big picture of the process of building important new
entrepreneurship theories. The authors show that anthropomorphizing
has been a critically important tool for developing influential
entrepreneurship theories. They reveal how scholars build on their
rich and highly accessible understanding of humans (i.e., the self
and others) to make guesses and sense of entrepreneurial anomalies,
articulate theoretical mechanisms to build more robust
entrepreneurship theories, and create plausible stories that
facilitate sensegiving. Further, they offer a framework that guides
entrepreneurship scholars in finding a balance to maximize their
contributions and guides reviewers and editors in managing the
revise-and-resubmit process to advance the entrepreneurship field.
Finally, they present lean scholarship as an approach to developing
a portfolio of high-quality, high-impact papers. Lean scholarship
starts with an entrepreneurial mindset and involves creating a
minimum viable paper, exploring its validity, adding a plausible
paper to one's portfolio, and managing the portfolio by
periodically deciding whether to persevere, pivot, or terminate
each paper. This seminal work will appeal to entrepreneurship
researchers, both those new to the field as well as seasoned
veterans, who want to learn more about the tools that can be used
to generate new knowledge about new ventures and other
entrepreneurship topics. This is an open access book.
Learning from Entrepreneurial Failure provides an important
counterweight to the multitude of books that focus on
entrepreneurial success. Failure is by far the most common scenario
for new ventures and a critical part of the entrepreneurial process
is learning from failure and having the motivation to try again.
This book examines the various obstacles to learning from failure
and explores how they can be overcome. A range of topics are
discussed that include: why some people have a more negative
emotional reaction to failure than others and how these negative
emotions can be managed; why some people delay the decision to
terminate a poorly performing entrepreneurial venture; anti-failure
biases and stigmatism in organizations and society; and the role
that the emotional content of narratives plays in the sense-making
process. This thought-provoking book will appeal to academic
researchers, graduate students and professionals in the fields of
entrepreneurship and industrial psychology.
Biotechnology Entrepreneurship reviews past research on
biotechnology at different levels of analysis. The goal is to
highlight important research streams that scholars have pursued
over the last two decades and illustrate some key findings. After
an introduction, the authors introduce some key definitions and
concepts which are necessary for readers new to the field of
biotechnology entrepreneurship to understand the studies
subsequently introduced. The monograph summarizes work on
biotechnology entrepreneurship at the regional level and extends
the review to the firm and individual levels of analysis,
respectively. Finally, it highlights future research opportunities
in the field of biotechnology entrepreneurship and draws final
conclusions.
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