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Keywords: Environmental hostility
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Journal Articles
The value of cognitive bias: exploring the role of overconfidence and illusion of control in driving business model innovation
Available to Purchase
Journal:
Chinese Management Studies
Chinese Management Studies 1–25.
Published: 31 October 2025
... the hypotheses. Findings The results reveal that overconfidence ( OC ) and illusion of control ( IC ) positively affect BMI, and effectuation ( EF ) mediates the relationship between OC/ IC and BMI . In addition, environmental hostility is found to moderate the effects of OC/IC/ EF on BMI...
