An investigation of hindsight bias in nascent venture activity

By Gavin Cassar, Justin B. Craig. 2009

155 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/974c535601ee1158217d65e806669486c7d7a903

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Citations in the corpus

Heuristics, learning and the business angel investment decision-making process (2015, background): “A major gap in this literature on angel investing and decision-making is evidence on learning from experience, although there is some evidence on this for entrepreneurs (Parker 2006; Cassar and Craig 2009; Fern, Cardinal, and O’Neill 2012) and venture capital investors (De Clercq and Sapienza 2005).”
Social support timing and persistence in nascent entrepreneurship: exploring when instrumental and emotional support is most effective (2017, background): “2009), or optimistic (Cassar and Craig 2009) and may objectively require less exchanged emotional support.”
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…”
Life After Business Failure (2013, background): “, failure events) during the entrepreneurial process can stimulate distinctive forms of higher-level learning that prove fundamental to the entrepreneur in both personal and business terms (Cope, 2011). For higher-level learning to occur, Cope (2011) calls for critical reflection whereby personal as”
Thinking About Entrepreneurial Decision Making (2015, background): “Indeed, when assessing their experiences, nascent entrepreneurs have been found to exhibit a hindsight bias: They systematically recall a lower initial assessment of venture success after the decision to quit than before this decision (Cassar & Craig, 2009).”
Why Create Value for Others? An Exploration of Social Entrepreneurial Motives (2016, background): “It is important to note that at the time of the interviews all study participants were operating successful ventures, which introduces the risk of recall and survivorship bias (Cassar 2004; Cassar and Craig 2009).”