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The ramifications of effectuation on biases in entrepreneurship – Evidence from a mixed-method approach
Journal of Business Venturing Insights Pub Date : 2021-04-01 , DOI: 10.1016/j.jbvi.2021.e00238
Stephen X. Zhang , Maw-Der Foo , Roberto S. Vassolo

The disconnect between the effectuation literature and the cognitive bias research creates artificial boundaries to inhibit the development of a more integrated understanding of decision-making in entrepreneurship. We analyze the effect of effectuation vis a vis on the biases of overconfidence and illusion of control. We test the effect in both a field survey with entrepreneurs and an experiment. Unraveling the patterns of relationships between effectuation and biases helps ground the burgeoning effectuation theory to more established cognitive science theories and advance the scholarly understanding of entrepreneurial decision-making.



中文翻译:

企业家偏见的影响效应–来自混合方法的证据

绩效文献与认知偏见研究之间的脱节创造了人为的界限,从而阻碍了对企业家决策的更全面理解的发展。我们分析了相对于过度自信和控制错觉的偏见对实现的影响。我们在与企业家进行的实地调查和实验中测试了效果。弄清影响力和偏见之间的关系模式,有助于使迅速发展的影响力理论扎根于更成熟的认知科学理论,并促进学术界对企业家决策的理解。

更新日期:2021-04-02
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