Overoptimism and the Performance of Entrepreneurial Firms

By Robert A. Lowe, Arvids A. Ziedonis. Management Sciences, 2006

373 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/65912d23ebf962cbddaeec7bfac93c1b47394566

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Citations in the corpus

Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach (2021, background): “We note that many who set the goal to start up a venture never progress from planning to action (the intention–behavior gap problem in entrepreneurship) and that positive illusions and optimism are common among intended entrepreneurs (Lowe & Ziedonis, 2006).”
What I See, What I Do (2015, background): “…& Tate, 2008), greater acquisition premiums (Hayward & Hambrick, 1997), higher chances of venture failure (Hayward et al., 2006), poorer performance (Lowe & Ziedonis, 2006), investment distortions (Malmendier & Tate, 2005), and excessive risk taking (Li & Tang, 2010; Simon & Houghton, 2003).”
The Process of Creative Construction: Knowledge Spillovers, Entrepreneurship and Economic Growth (2007, neutral): “Similarly, research on academic entrepreneurship highlights differences in scientist likelihood to create start-ups rather than license their technology, particularly when they perceive the true value of their invention is not recognized by existing fi rms (Lowe and Ziedonis, 2006).”
Entrepreneurs' Optimism And New Venture Performance: A Social Cognitive Perspective (2009, background): “As noted earlier, entrepreneurs tend to range from moderate to very high in optimism (Abdelsamad & Kindling, 1978; Busenitz & Barney, 1997; Cooper et al., 1988; de Meza & Southey, 1996; Fraser & Greene, 2006; Lowe & Ziedonis, 2006; Simon et al., 2000).”
What is the value of entrepreneurship? A review of recent research (2007, neutral): “The second measure of commercialization, i.e. the generation of sales with a given innovation, is analyzed by Lowe and Ziedonis (2006) and Dechenaux et al. (2003).”
Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature (2018, background): “Hayter (2011) and Lowe et al. (2006) also examine post-establishment entrepreneurial motivations related to spinoff growth; Schillo (2018) examines firm-level ambitions and strategies.”
Does self‐efficacy affect entrepreneurial investment? (2009, background): “First, it contributes to the literature that investigates the relationship between psychology and entrepreneurship (e.g., Lowe & Ziedonis, 2006).”
Rural entrepreneurship in place: an integrated framework (2019, background): “…and decision-making is based on a rather concrete and realistic assessment of current and future needs, which differs fromwhat is normally observed in more traditional start-ups where growth expectations and temporal scales are in many cases over-optimistic (Lowe and Ziedonis 2006).”
Academic Entrepreneurs: Organizational Change at the Individual Level (2008, background): “First, as noted by Lowe and Ziedonis (2006) , most faculty members, as with other types of entrepreneurs, greatly overestimate the value of their ideas.”
The performance of university spin-offs: an exploratory analysis using venture capital data (2009, background): “offs appears to be the most widely used among researchers (see, e.g., Clarysse et al. 2007; Link and Scott 2005; Lockett et al. 2005; Lockett and Wright 2005; Lowe and Ziedonis 2006; O’Shea et al. 2005; Siegel et al. 2007; Wright et al. 2006; Zahra et al. 2007).”