Risk and rationality in entrepreneurial processes

By Kent D. Miller. 2007

277 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/fb68237310e58a864dc1e1fba6a3e95b7cf974b5

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Citations in the corpus

A Study of Entrepreneurial Intention of University Students (2014, background): “Assigning probability to future state can be time consuming, but it can be a critical skill which can enable entrepreneurs to secure resources in an volatile environment (Miller 2007).”
Uncertainty Types and Transitions in the Entrepreneurial Process (2017, background): ““Rationality” assumes that options and outcomes are known, from which an optimal choice is made (Miller 2007; see also von Neumann and Morgenstern 1944; Savage 1954; Kahneman and Tversky 1979; Ariely 2009).”
How Do Risk Attitudes Differ within the Group of Entrepreneurs? The Role of Motivation and Procedural Utility (2015, unknown): “Because risk taking is considered a crucial aspect of entrepreneurial behavior (Douglas and Shepherd 2002; Forlani and Mullins 2000; Ibrahim and Ellis 1993; Kan and Tsai 2006; Miller 2007; Moensted 2007; Van Gelderen, Frese, and Thurik 2000), we suggest treating necessity entrepreneurs as a separate”
The role of entrepreneurs in firm-level innovation: Joint effects of positive affect, creativity, and environmental dynamism (2011, background): “Dynamism refers to the extent to which environments in which new ventures operate are subject to unpredictable and rapid change—and thus, to high levels of uncertainty (Dess and Beard, 1984; Miller, 2007).”
Regulatory focus and new venture performance: A study of entrepreneurial opportunity exploitation under conditions of risk versus uncertainty (2008, background): “…has begun to move toward a perspective that views entrepreneurial opportunities as highly heterogeneous in nature (Alvarez and Barney, 2007; Miller, 2007; Sarasvathy et al., 2003)—a perspective in which the nature of opportunities varies based upon key differences in environmental…”
Entrepreneurs and innovation: The contingent role of institutional factors (2018, background): “Overall, psychological factors provide entrepreneurs with the necessary courage to start an innovative entrepreneurial activity (Miller, 2007).”
The Concept of “Opportunity” in Entrepreneurship Research: Past Accomplishments and Future Challenges (2010, background): “…influence solutions to communicative, behavioral, and value uncertainties in recognizing and selecting opportunities for multinational enterprises Miller (2007) Entrepreneurial risk Unique conceptualizations of risk and rationality are associated with opportunity recognition, discovery,…”
Entrepreneurial Opportunities and Poverty Alleviation (2014, background): “Alvarez and Barney (2007), Miller (2007), and others (Buenstorf, 2007; Sarasvathy, Dew, Velamuri, & Venkataraman, 2003) have described various types of opportunities; the kinds of human capital, property rights, and financial capital needed to exploit them; and their potential for generating…”
Discovery and Creation: Alternative Theories of Entrepreneurial Action (2007, background): “Rather, under uncertainty, even entrepreneurs with a great deal of time, or with unusual analytical abilities, will not be Organizações em contexto, Ano 3, n. 6, dezembro 2007 135 able to estimate the relevant probability distributions (Dunning, Heath and Suls, 2004; Miller, 2007).”
Forming and Exploiting Opportunities: The Implications of Discovery and Creation Processes for Entrepreneurial and Organizational Research (2013, background): “…Ruef 2006, Alvarez and Barney 2007, McMullen and Shepherd 2006, Shane 2003, Shane and Venkataraman 2000) does not mean there is consensus on how to study these issues (Aldrich and Ruef 2006, Buenstorf 2007, Gloria-Palermo 1999, Klein 2008, Miller 2007, Sarasvathy et al. 2003, Venkataraman 2003).”
Integrating variable risk preferences, trust, and transaction cost economics – 25 years on: reflections in memory of Oliver Williamson (2021, background): “In the strategy literature, Miller (2007) offers a valuable perspective on risk and uncertainty by considering three entrepreneurial processes: opportunity recognition, opportunity discovery, and opportunity creation.”
Opportunity Discovery, Entrepreneurial Action, and Economic Organization (2008, background): ““[E]ntrepreneurial boldness and imagination 8 Miller (2007) distinguishes further between opportunity recognition, opportunity discovery, and opportunity creation.”
Capabilities and strategic entrepreneurship in public organizations (2013, background): “The ways in which capabilities shape an organization’s behavior—and particularly its growth—were the subject of theorizing by Penrose (1959). These ideas, which were conceived primarily with reference to large corporations, were subsequently linked to ideas in evolutionary economics (developed prima”