Journal ArticleDOI
Entrepreneurship and growth
Mike Wright,Ileana Stigliani +1 more
TLDR
The authors of as discussed by the authors suggest that there is a greater need to understand the processes that underlie entrepreneurial growth and how the entrepreneur's cognitive processes shape growth, how they access and configure resources to achieve growth, and whether these are influenced by a wider variety of contextual dimensions than previously recognised.Abstract:
The entrepreneurial growth literature is extensive, but research focusing on questions such as how firms grow, why they grow according to different patterns, how the decisions about growing or not growing are made, and the contextual dimensions within which growth takes place, has been neglected. This annual review article explores such issues: it suggests that there is a greater need to understand the processes that underlie entrepreneurial growth. In particular, we need to know more about how the entrepreneur’s cognitive processes shape growth (i.e. microfoundations of growth), how they access and configure resources to achieve growth (i.e. the resource orchestration underpinning growth), whether these are influenced by a wider variety of contextual dimensions than previously recognised, and how these influence different patterns and types of growth.read more
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The importance of entrepreneurship, opportunity, and governance for latin america: prosperity index trends between 2009 and 2014
TL;DR: In this paper, the authors analyzed how entrepreneurship, opportunity, and good governance are key elements to promote prosperity in the Latin American and Caribbean region, and discussed how the enhancement of entrepreneurial activities, backed up by improvement in technological infrastructure, can only produce lasting, positive results in Latin America if inequality of opportunity is reduced, while good governance is promoted.
Journal ArticleDOI
Firm growth through disruption: Insights into internal dynamics
TL;DR: In this article , a case study of a small firm illustrates that small firms grow by responding to non-routine disruptions, i.e., disruptions that cannot be resolved using current knowledge, and the internal dynamics of growth, occurring in the ebb and flow movement as individuals build new growth pathways in response to disruptions.
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Activating assets of foreignness in compressed developing markets: evidence from New Zealand SMEs entering the Chinese market
TL;DR: In this article , the authors identify three main mechanisms for such activation: conforming to home-country institutions, creating distancing narratives and accentuating foreignness, and demonstrate that SMEs can benefit from contrasting country practices and norms between home and host countries.
References
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Judgment Under Uncertainty: Heuristics and Biases
Amos Tversky,Daniel Kahneman +1 more
TL;DR: The authors described three heuristics that are employed in making judgements under uncertainty: representativeness, availability of instances or scenarios, and adjustment from an anchor, which is usually employed in numerical prediction when a relevant value is available.
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Sensemaking in organizations
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Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance
TL;DR: In this paper, the authors draw on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability.
Journal ArticleDOI
Unskilled and unaware of it: How difficulties in recognizing one's own incompetence lead to inflated self-assessments.
Justin Kruger,David Dunning +1 more
TL;DR: Across 4 studies, the authors found that participants scoring in the bottom quartile on tests of humor, grammar, and logic grossly overestimated their test performance and ability.