The Formation of Opportunity Beliefs: Overcoming Ignorance and Reducing Doubt

By Dean A. Shepherd, Jeffery S. McMullen, P. Jennings. 2007

381 citations recorded by the source corpus.

Subfields: Experimental and Cognitive Psychology, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9126ca24a7d02f5d46b17b3e0c809bfa362f44e3

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In Experimental and Cognitive Psychology

In Management of Technology and Innovation

In Strategy and Management

Citations in the corpus

What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency (2020, background): “Seeing and seizing a potential opportunity to introduce new value necessitates an escape from widespread and personal ignorance and possession of the willingness and ability to bear uncertainty (Shepherd et al., 2007).”
Recognizing Opportunities for Sustainable Development (2011, background): “Differences in prior knowledge may explain variance in entrepreneurs’ direction of attention toward aspects of the natural and communal environment, and thus their recognition of sustainable development opportunities (consistent with Shepherd et al., 2008).”
Fear and Entrepreneurship: A Review and Research Agenda (2015, positive): “Fear and Entrepreneurship for her- or himself, she or he establishes the individual–opportunity nexus, and starts a process of identification with and attachment to the venture (Cardon et al. 2005; Shane and Venkataraman 2000; Shepherd et al. 2007).”
Entrepreneurial mindset: Dispositional beliefs, opportunity beliefs, and entrepreneurial behavior (2021, background): “Two forces undermine belief formation: doubt and ignorance (Shepherd et al., 2007).”
Capital Is Not Enough: Innovation in Developing Economies (2012, background): “Access to this additional information can be combined with current knowledge to discover or create non-obvious opportunities in the market (Shepherd et al., 2007).”
Entrepreneurial judgment as empathic accuracy: a sequential decision-making approach to entrepreneurial action (2013, background): “Entrepreneurial action is a response to judgment exercised under uncertainty about whether investing one’s time, talent, and or treasure in pursuit of a new course of action will provide a utility improvement over the status quo (Shepherd et al., 2007).”
Nascent Entrepreneurs and Venture Emergence: Opportunity Confidence, Human Capital, and Early Planning (2010, background): “In trying to engage particular stakeholders, acquire resources, and achieve certain milestones, nascent entrepreneurs receive pertinent information that helps them update and refine their knowledge and beliefs about the opportunity (Dimov, 2007b; Shepherd et al., 2007).”
Decision Comprehensiveness and Corporate Entrepreneurship: The Moderating Role of Managerial Uncertainty Preferences and Environmental Dynamism (2009, background): “…such as planning departments (Lenz and Engledow, 1986), or competitive intelligence units (Ghoshal and Westney, 1991) that often serve as the information processing function in larger firms, and by so doing, considerably guide decision-makers’ attention and processes (Shepherd et al., 2007).”
What makes student entrepreneurs? On the relevance (and irrelevance) of the university and the regional context for student start-ups (2016, background): “In a theoretical perspective, a person takes first action to set up a new business after he or she has evaluated the risk, uncertainty, and ambiguity of a perceived opportunity in relation to his or her own knowledge and motivation (Shepherd et al., 2007).”