Unpacking the uncertainty construct: Implications for entrepreneurial action

By A. McKelvie, J. Haynie, V. Gustavsson. 2011

455 citations recorded by the source corpus.

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

View Paper: https://www.semanticscholar.org/paper/e231d3c578e4b2f9621b50c893b214ed92c99fc4

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Citations in the corpus

When passion fades: disentangling the temporal dynamics of entrepreneurial passion for founding (2016, background): “When starting out, founders face significant uncertainties regarding customer demand (e.g., customer preferences, willingness to pay), technology and competition (McKelvie et al., 2011; McMullen and Shepherd, 2006).”
Thinking About Entrepreneurial Decision Making (2015, background): “McKelvie, Haynie, and Gustavsson (2011) analyzed more than 2,800 opportunity assessments, focusing primarily on a decision maker’s willingness to act on an opportunity in the face of various manifestations of environmental uncertainty.”
The Right People in the Wrong Places: The Paradox of Entrepreneurial Entry and Successful Opportunity Realization (2015, background): “, effect uncertainty), or the consequences of particular response choices (i.e., response uncertainty; McKelvie et al., 2011; Milliken, 1987).”
Entrepreneurial alertness as a pathway to strategic decisions and organizational performance (2018, background): “Other studies have focused on decision makers’ attempts to assess and reduce the uncertainty associated with a disruption, which can also influence the propensity to make strategic changes (McKelvie et al., 2011; St. John et al., 2003).”
Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship (2017, background): “…on (relate to) several important existing theoretical perspectives and research streams in entrepreneurship—for example, entrepreneurial uncertainty (McKelvie et al., 2011; McMullen & Shepherd, 2006), opportunity creation (Alvarez et al., 2013), effectuation (Sarasvathy, 2001), narratives (Garud…”
A Dynamic Model of Entrepreneurial Uncertainty and Business Opportunity Identification: Exploration as a Mediator and Entrepreneurial Self-Efficacy as a Moderator (2017, background): “Participants were confronted with pairs of statements referring to high versus low uncertainty and they had to indicate a mark closer to the statement that best represented their current situation on a 5-point scale (McKelvie et al., 2011).”
Evaluating the impact of prior experience in entrepreneurial intention (2015, unknown): “…perspective, individual knowledge has been suggested to influence venture performance and survival options (Clercq and Arenius 2006), as well as a potential influence in the decision-making processes and in the perception of control of entrepreneurs in uncertain contexts (McKelvie et al. 2011).”
Understanding dynamics of strategic decision-making in venture creation : a process study of effectuation and causation (2015, background): “specifically, uncertainty is defined as a lack of knowledge and therefore an inability to predict a state, effect or response of the environment relative to the venture’s own actions (McKelvie et al., 2011; Milliken, 1987).”
Entrepreneurial uncertainty during the Covid-19 crisis: Mapping the temporal dynamics of entrepreneurial finance (2020, background): “Adopting a “wait and see” approach is often viewed as a preferable course of action when faced with periods of uncertainty which may explain their greater vulnerability to shock events in these smaller investors (McKelvie et al., 2011).”
Uncertainty, Knowledge Problems, and Entrepreneurial Action (2018, background): “…contemporary research on entrepreneurial action under conditions of uncertainty generally suggests that perceived effect uncertainty (i.e., perceived uncertainties about the effects of uncertainty on the entrepreneur/firm) exerts a negative effect on entrepreneurial action (McKelvie et al., 2011).”
Perceived uncertainty and behavioral logic: Temporality and unanticipated consequences in the new venture creation process (2019, methodology): “objectively and subjectively measured uncertainties (McKelvie et al., 2011).”
From entrepreneurial intentions to actions: Self-control and action-related doubt, fear, and aversion (2015, background): “Research on nascent entrepreneurship in the United States shows some people lingering for long periods in what Reynolds (2000) referred to as the still-trying phase.”
How do resilience and self-efficacy relate to entrepreneurial intentions in countries with varying degrees of fragility? A six-country study (2020, background): “…suggests that adversity negatively affects the willingness to exert long-term effort or invest resources into uncertain endeavours such as new business activities (Brück et al., 2011; Bullough et al., 2014; Desai et al., 2013; McKelvie et al., 2011; Solymossy, 2005; Webb et al., 2020).”
Best Practice Recommendations for Designing and Implementing Experimental Vignette Methodology Studies (2014, background): “As a second illustration, McKelvie, Haynie, and Gustavsson (2011) addressed the impact of uncertainty in the decision-making processes of entrepreneurs.”
Making it personal: : Opportunity individuation and the shaping of opportunity beliefs (2014, methodology): “We test our model using a conjoint experiment (cf. Choi and Shepherd, 2004; McKelvie et al., 2011; Mitchell and Shepherd, 2010) for which we ask a sample of entrepreneurs to form beliefs about an opportunity based on the characteristics of the industry environment surrounding the opportunity.”