...Charlene Lew; Sean Smith Purpose The study aims to develop a distinct and parsimonious scale of affordable loss. The affordable loss heuristic explains a way of reasoning in entrepreneurial investment decision-making in uncertainty. Design/methodology/approach The scale development process...

... effectuation research and suggests that individual psychological traits affect AL behaviors at the firm level, though the patterns of the relationship vary with both the type of narcissism and contexts. The authors treat AL as a general behavioral orientation toward AL decision-making (e.g. McKelvie et...

... decision-making process separately from managerial decision making (De Winnaar and Scholtz, 2020).A crucial topic deals with the individual attitude towards risk, viewed as a major dimension of entrepreneurial style (Kerr et al., 2018 ; Sharma, 2022). The literature has acknowledged that any...

... variable that can help explain the lack of coherent findings. The results supported this conceptualization, providing empirical evidence for the oft-quoted adage “invest in people, not ideas.” Emotion Decision making Entrepreneurs Passion is an invaluable asset for entrepreneurs (e.g...

... stages, providing quantitative insight into the contribution of social incubators and social start-ups. (2) It reveals the profile of founding teams in the highest-ranked business sectors. Decision making Entrepreneurship Start-ups seek to lead the market in the short term by offering novel...

... engine marketing (SEM) strategies), social media marketing, social ads, social selling, websites and online reputation optimization. Finally, the third category consists of the following aspects: digital innovation, digital tools, innovative marketing, knowledge discovery and online decision making...

...Rainer Hensel; Ronald Visser Little is known about the underlying mechanisms of the effectuation framework. Moreover, evidence-based insights are offered to entrepreneurs that intent to mobilise effectual behaviours. Entrepreneurs Innovation Decision making Human capital...

... but they are not sufficiently persuasive on their own. The paper offers insight into the criteria that investors take into account in order to evaluate entrepreneurial projects, as well as on the strategies that entrepreneurs should develop to build a successful business pitch. Decision making Entrepreneurship...

... heretofore unarticulated differences, as well as similarities, between entrepreneurs and managers. Entrepreneurs Decision making Cognition Opportunity recognition The purpose of this paper is to expand the recent lines of inquiry into entrepreneurial cognition by focusing on the structure...

... investors) to provide a framework for explaining crowdfunders’ decision making. The paper also offers nuances by taking into account the different audiences’ motivations to fund a project. Decision making Discourse Crowdfunding Emotion Acquiring funds is a crucial activity for entrepreneurs...

.... Decision making Small business Family firms Artisan entrepreneurship The findings show that nearly half of artisanal businesses (45.4 per cent) comprise only the owners and no employee, while 54.6 per cent employ one to three workers. Also, some artisanal ventures were more gender-specific than...

... acting as an innovative entrepreneur and subjective values of innovation, the results suggest that entrepreneurs’ expectations are primarily driven by their internal perceptions of reality. Entrepreneurs Growth Decision making Entrepreneurial orientation Motivation Small firm/new venture strategy...

...). In particular, a number of influential case studies document escalation choices as products of group decision making, most notably, the US government's protracted engagement in the Vietnam War (Staw, 1976), the construction of Shoreham nuclear power plant (Ross and Staw, 1993), project Taurus on the London...

... moderating factor that impacts the effect of these emotions on the investment decision. Practical implications – To understand the role of their emotions in investment decisions under different levels of uncertainty may help entrepreneurs to improve the quality of their decision making. Originality...

...David Douglas Edited by Patrick A.M.   Vermeulen and Petru L.   Curs¸eu . Entrepreneurial Strategic Decision‐Making: A Cognitive Perspective . Cheltenham, UK & Northampton, MA, USA : Edward Elgar   2008 . , ISBN: 978 1 84720 903 0 © Emerald Group Publishing Limited...

...David Douglas Purpose To provide a qualitative, in‐depth, naturalistic, empirical inquiry into entrepreneurial decision‐making, through the application of grounded theory methodology. Design/methodology/approach Application of original Glaser and Strauss grounded theory methodological approach...

... might be the enhanced influence opportunity upon the franchisor’s decision making that arises from owning multiple outlets. Second, a potential franchisee may be interested in engaging in multi‐unit franchising in the anticipation of scale efficiencies, i.e. efficiencies that arise because of the size...

... for the enterprise owner in developing a competitive advantage through service quality management. © MCB UP Limited 1999 Competitive advantage Decision making Marketing Service quality Small firms It is acknowledged that small firms cannot compete with larger organisations in terms...

...David Kirk This paper examines the entrepreneurial decision making of two manufacturing enterprises, a Scottish telecommunications component producer and a Polish marine pump manufacturer. Although identified as located in contrasting situations of environmental context and organisational...

... that a better understanding of Shackle’s decision‐making theory is useful, particularly now there is renewed interest in entrepreneurship. Since we have established the link between decision making and entrepreneurship, and have argued that an adequate theory of entrepreneurship must be construed in a dynamic...