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How can biases affect entrepreneurial decision making? toward a behavioral approach to unicorns
School of Economics, Department of Management and Law, Tor Vergata University of Rome, Rome, Italy.ORCID-id: 0000-0002-3050-0554
School of Economics, Department of Management and Law, Tor Vergata University of Rome, Rome, Italy.ORCID-id: 0000-0002-3181-8003
School of Economics, Department of Management and Law, Tor Vergata University of Rome, Rome, Italy.
Örebro universitet, Handelshögskolan vid Örebro Universitet.ORCID-id: 0000-0001-9964-7717
2022 (engelsk)Inngår i: The International Entrepreneurship and Management Journal, ISSN 1554-7191, E-ISSN 1555-1938, Vol. 18, nr 2, s. 693-711Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

How can cognitive biases affect the birth and evolution of entrepreneurial ventures? In Entrepreneurial Decision Making (EDM), this lively research question remains largely unaddressed when the world of Unicorns, as a per se entrepreneurial species, is considered. Thus, through this conceptual article, we aim to contribute toward knowledge creation in this context. We start by proposing a conceptual framework of Unicorns’ EDM based on a behavioral approach. Through three propositions, this novel framework advances how the birth, transition, and consolidation of a Unicorn may be explained by the sequentially intertwined occurrence of biases, from which establishment and legitimization eventually emerge. We complement the framework with examples from the social media industry and then discuss its main implications for theory and practice.

sted, utgiver, år, opplag, sider
Springer, 2022. Vol. 18, nr 2, s. 693-711
Emneord [en]
Entrepreneurial decision making, Cognition, Biases, Unicorns, Conceptual
HSV kategori
Forskningsprogram
Företagsekonomi
Identifikatorer
URN: urn:nbn:se:oru:diva-95930DOI: 10.1007/s11365-021-00772-4ISI: 000730075800004Scopus ID: 2-s2.0-85121285542OAI: oai:DiVA.org:oru-95930DiVA, id: diva2:1619815
Merknad

Funding agency:

Universita degli Studi di Roma Tor Vergata within the CRUICARE Agreement

Tilgjengelig fra: 2021-12-14 Laget: 2021-12-14 Sist oppdatert: 2022-06-14bibliografisk kontrollert

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Kask, Johan

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