Uncertainty, Knowledge Problems, and Entrepreneurial Action

By David M. Townsend, Richard A. Hunt, Jeffery S. McMullen, S. Sarasvathy. The Academy of Management Annals, 2018

366 citations recorded by the source corpus.

Whether new business ventures emerge in the context of start-ups or corporate giants, one of the enduring and fundamental assumptions underlying theories of entrepreneurial action is that entrepren...

Subfields: Accounting, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/b5792d859f943040f35ebff2cae025500451385b

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Citations in the corpus

To Shape or Adapt: Knowledge Problems, Epistemologies, and Strategic Postures under Knightian Uncertainty (2020, background): “Second, much of the discussion of uncertainty has emphasized the absence of knowledge, and the related states of doubt (McMullen & Shepherd, 2006) and unknowingness (Packard et al., 2017; Townsend et al., 2018) that limit the ability of strategists to predict outcomes (Wiltbank, Dew, Read, & Sarasva”
What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency (2020, background): “Indeed, this notion—that is, that entrepreneurs make decisions and subsequently act in the face of inherently uncertain, even unknowable, futures—is one of the most closely held assumptions in entrepreneurship (Sarasvathy et al., 2003; Townsend et al., 2018).”