Entrepreneurial Risk and Market Entry

By Brian Wu, Anne Marie Knott. Management Sciences, 2006

313 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/b9955b21df3235466f01c3491e5eb87378231cd7

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Citations in the corpus

Unpacking the uncertainty construct: Implications for entrepreneurial action (2011, background): “Similarly, Wu and Knott (2006) demonstrate that the level of uncertainty represented in the environment is related to entrepreneurs' market entry decisions.”
The Study of Bias in Entrepreneurship (2017, background): “This line of reasoning is also in line with evidence in many industries that involve high risk-taking, such as banking and market entry, where greater overconfidence causes failures (Camerer & Lovallo, 1999; Wu & Knott, 2006).”
Theories of the Firm-Market Boundary (2011, unknown): “A wide range of literature on entrepreneurial entry (e.g., Agarwal, Ganco, & Ziedonis, 2009; Wu & Knott, 2006) and the migration of talent in response to high-powered incentives (e.g., Hamilton, 2000; Zenger, 1994; also see Agarwal, Campbell, Franco, & Ganco, 2011; Elfenbein, Hamilton, & Zenger,…”
Venturing for Others with Heart and Head: How Compassion Encourages Social Entrepreneurship (2012, background): “…the emotional connection that characterizes compassion overrides a traditional mode of processing costs and benefits and thereby gives way to a prosocial costbenefit analysis that overcomes the typical individual's reluctance to engage in activities with higher personal risk (Wu & Knott, 2006).”
Uncertainty, Knowledge Problems, and Entrepreneurial Action (2018, background): “This distinction is important as several key articles demonstrate that entrepreneurs display different attitudes toward exogenous (outside the influence of entrepreneurs) versus endogenous (entrepreneurs can influence) sources of uncertainty (Forbes, 2007; Wu & Knott, 2006).”
A Cross-Disciplinary Exploration of Entrepreneurship Research (2007, background): “Although entrepreneurs possess a higher risk-taking propensity than nonentrepreneurs, entrepreneurs may actually be risk averse in how they choose to exploit an opportunity (Wu & Knott, 2006).”
Entrepreneurial failure: Statistical and psychological explanations (2016, background): “Wu and Knott (2006) argued that entrepreneurs distinguish between two uncertainties – uncertainty in their own skills and uncertainty in market demand – and are risk-seeking with respect to their own skills but risk-averse with respect to market uncertainty.”
Entrepreneurship in emerging economies (2020, unknown): “Extant research has separately examined firm-level exit and individual entrepreneurs’ exit, the former referring to the trade, sale, or dissolution of a new venture and the latter to the activity of the founding entrepreneurs (Aggarwal & Hsu, 2014; Wu & Knott, 2006).”
Thinking About Entrepreneurial Decision Making (2015, background): “…appears to be higher for entrepreneurs who are young, run ventures with lower levels of decision comprehensiveness, run ventures that are not financed by external equity (Forbes, 2005a), and perceive the uncertainty surrounding their abilities and market demand to be equivalent (Wu & Knott, 2006).”
The Impact of Regional Age Structure on Entrepreneurship (2009, background): “…potential information asymmetries regarding whether the entrepreneur is purposely exaggerating his or her prospects when trying to obtain financing (Amit, Glosten, and Muller 1990) and to detect cases in which entrepreneurs are overly optimistic (Camerer and Lovallo 1999; Wu and Knott 2006).”
Risk and rationality in entrepreneurial processes (2007, background): “Combining insights from prior research, Wu and Knott (2006) proposed that entrepreneurs are risk averse regarding demand uncertainty but overconfi dent regarding their own ability, resulting in apparent risk seeking behavior.”
Risk Tolerance and Entrepreneurship (2013, background): “Generally they find no differences (Shane et al., 2003, Wu & Knott, 2006), but see also Cramer et al. (2002) and Dohmen et al. (2009).”
Is Failure Good (2005, result): “These experimental findings are corroborated by empirical data (Wu and Knott 2004).”