Opportunity Evaluation under Risky Conditions: The Cognitive Processes of Entrepreneurs

By Hean Tat Keh, Maw Der Foo, Boon Chong Lim. 2002

739 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/f619a310c714c0fc37b28db15c39a0afaaf88ade

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Citations in the corpus

Fear of failure as a mediator of the relationship between obstacles and nascent entrepreneurial activity—An experimental approach ☆ (2017, background): “The main advantage of case studies is that all participants are exposed to an identical set of information (Keh et al., 2002).”
Experiential Learning within the Process of Opportunity Identification and Exploitation (2005, background): “Keh et al. (2002) argue that cognitive biases have a direct impact on how entrepreneurs evaluate opportunities.”
The role of entrepreneurial orientation in service firms: empirical evidence from Austria (2013, background): “Risk-taking within the entrepreneurship framework is not reckless, but rather controlled and calculated (Keh, Foo, & Lim, 2002 ; Morris et al .”
Academic entrepreneurship (re)defined: significance and implications for the scholarship of higher education (2010, background): “However, entrepreneurs have not been depicted as careless risk-takers, but instead have been described as individuals who are capable of developing sophisticated strategies for identifying and minimizing risks associated with potential market opportunities ( Keh et al. 2002 ).”
The Importance of Being Emotional : How do Emotions Affect Entrepreneurial Opportunity Evaluation and Exploitation? (2010, methodology): “Many additional studies have analyzed other cognitive heuristics, such as the planning fallacy (e.g. Keh et al., 2002), the illusion of control (e.g. Keh et al., 2002; Simon and Houghton, 2002), the belief in the law of small numbers (e.g. Keh et al., 2002; Simon and Houghton, 2002), reasoning by…”
The formation and interplay of social capital in crowdfunded social ventures (2014, background): “Therefore, as risk seems to be one important factor when it comes to opportunity exploitation (Keh, Foo, and Lim 2002), this may change the way risky opportunities are dealt with in CF.”
The Study of Bias in Entrepreneurship (2017, background): “Prior research has often attributed empirical nonfindings to measurement issues (e.g., Keh et al., 2002).”