Are Individuals Entering Self-Employment Overly-Optimistic? An Empirical Test of Plans and Projections on Nascent Entrepreneur Expectations

By Gavin Cassar. 2009

299 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/15d5dc8e958e2cb1be54e2a0c7e2bc2dee6b8983

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Citations in the corpus

Entrepreneurial alertness: Exploring its psychological antecedents and effects on firm outcomes (2021, result): “Consistent with our logic, prior research indicates that nascent entrepreneurs overestimate the probability that their entrepreneurial activities will lead to a successful new venture and that entrepreneurs overestimate the future sale and employment growth for their businesses (Cassar, 2010).”
The Right People in the Wrong Places: The Paradox of Entrepreneurial Entry and Successful Opportunity Realization (2015, background): “…these ideas, research has shown that entrepreneurs overestimate the likelihood their earlystage entrepreneurial efforts will result in an operating venture and—in cases where ventures are formed—the likelihood their ventures will realize an expected level of revenue and employment (Cassar, 2010).”
Do serial entrepreneurs run successively better-performing businesses? (2013, background): “The PSID also lacks information relating to detailed cognitive dimensions of human capital (Busenitz and Barney, 1997), as well as future expectations (Cassar, 2010; Townsend et al., 2010); reasons for, and types of, closure (Amaral et al.”
Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture (2019, background): “Perceived founding opportunities is a measure of the entrepreneur’s optimism (Cassar 2010).”
Why We Plan: The Impact of Nascent Entrepreneurs' Cognitive Characteristics and Human Capital on Business Planning (2015, background): “In so doing, we contribute to the growing literature that stresses the role of an individual’s characteristics in the strategy and planning process (e.g., Cassar, 2010; Foss et al., 2008; Gavetti and Rivkin, 2007; Hutzschenreuter and Kleindienst, 2006).”
When passion fades: disentangling the temporal dynamics of entrepreneurial passion for founding (2016, background): “Experiencing a decrease in role ambiguity should be more consistent with the general optimistic forecast that nascent entrepreneurs make about the success of their venture (Cassar, 2010).”
Optimism and chance: The elephants in the entrepreneurship room (2011, background): “Empirical support for over-optimism among nascent entrepreneurs is reported by Cassar and Craig (2009) and, when in business, by Cassar (2010).10 Our assumption is that optimistic individuals are attracted into business ownership or self-employment in part because they believe that they have the…”
Thinking About Entrepreneurial Decision Making (2015, background): “Optimism has been found in nascent entrepreneurs’ assessments of the probability that they will actually launch their current concept-stage venture (Cassar, 2010).”
A portfolio perspective on entrepreneurship and economic development (2015, unknown): “The survival venture can also serve as a developmental context that teaches the entrepreneur basic business skills and enables the venture to evolve into a stable lifestyle venture (Cassar 2010).”
Industry and Startup Experience on Entrepreneur Forecast Performance in New Firms (2014, unknown): “These frequencies are consistent with empirical evidence of entrepreneurs’ expectations of future venture outcomes being more favorable than what eventually occurs (Cassar 2010).”
Proactivity, adaptability and boundaryless career attitudes: The mediating role of entrepreneurial alertness (2015, background): “Similarly, besides alertness to opportunities, other cognitive elements such as perceptions of risks (Simon, Houghton, & Aquino, 2000), optimistic bias (Cassar, 2010), and cognitive styles (Brigham, De Castro, & Shepherd, 2007) can also be considered in future studies.”
Affordable loss: behavioral economic aspects of the plunge decision (2009, background): “A second reason why entrepreneurs may underweight upside potential is overconfi dence and overoptimism (Camerer and Lovallo, 1999; Cassar, 2008; Casson, 2005).”
The Study of Bias in Entrepreneurship (2017, background): “Motivational theories reason that overconfidence and overoptimism increase the motivation to initiate entrepreneurial action (Cassar, 2010; Simon & Shrader, 2012), heighten resilience and work effort, and help to cope with setbacks and failures during the entrepreneurial processes (Hayward et al.,…”