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A round of dancing and then one more: embedding intuition in the ballet of entrepreneurial decision making
International Entrepreneurship and Management Journal ( IF 6.2 ) Pub Date : 2021-05-12 , DOI: 10.1007/s11365-021-00752-8
Mohammad Fakhar Manesh , Giulia Flamini , Damiano Petrolo , Rocco Palumbo

The dance metaphor allows us to figuratively depict entrepreneurial decision making processes. Being conventionally conceived of as a sequence of purposeful behaviors rooted in a rational cognition process, entrepreneurial decision making can be featured as a ‘ballet’. This interpretation puts in the background the improvisational nature of decision making, which revokes ‘lindy hop’ as a dance style. The article intends to illuminate the role of intuition, highlighting its overlap with rationality in the entrepreneurial decision making dance. For this purpose, a bibliometric analysis followed by an interpretive literature review advances a comprehensive report of 66 peer-reviewed journal articles published from 1995 to 2019, constructing evidence on the nature of entrepreneurial decision making and on the interplay between intuition and rationality. Literature is categorized in five clusters, which are reciprocally intertwined. Firstly, intuition is unconsciously used as a strategy to deal with the uncertainty that inherently affects entrepreneurial ventures. Secondly, intuition is rooted in the entrepreneurs’ impulsivity, that echoes the role of emotions in decision making. Thirdly, the merge of rationality and intuition improves the entrepreneurs’ ability to keep up with the erratic rhythm of the decision making dance. Fourthly, the mix of intuition and rationality serves as a catalyst of entrepreneurs’ ability to thrive in complex and unpredictable environments. Fifthly, intuition generates drawbacks on entrepreneurs’ meta-cognitive knowledge, which should be carefully recognized. Embracing the dance metaphor, intuition turns out to be crucial to make entrepreneurs able to fill in the gap between rationality and uncertainty.



中文翻译:

一轮又一轮的舞蹈:将直觉嵌入到企业决策的芭蕾舞中

舞蹈的隐喻使我们能够形象地描绘企业家的决策过程。传统上,企业家决策被认为是植根于理性认知过程中的一系列有目的的行为,因此可以被称为“芭蕾”。这种解释将决策的即兴性作为背景,使“ lindy hop”成为一种舞蹈风格。本文旨在阐明直觉的作用,强调直觉在企业家决策舞蹈中与理性的重叠。为此,文献计量分析加上解释性文献综述可以得出一份全面的报告,其中包括1995年至2019年出版的66篇同行评审期刊文章,建立有关企业家决策性质以及直觉与理性之间相互作用的证据。文献分为五个类,它们相互交织在一起。首先,直觉被无意识地用作应对固有影响企业家风险的不确定性的策略。其次,直觉根植于企业家的冲动性,这与情感在决策中的作用相呼应。第三,理性与直觉的结合提高了企业家的能力,以跟上决策舞蹈不稳定的节奏。第四,直觉与理性的结合促进了企业家在复杂且不可预测的环境中壮成长的能力。第五,直觉会给企业家的元认知知识带来弊端,应该仔细识别。拥抱舞蹈的隐喻,直觉对于使企业家能够填补理性与不确定性之间的鸿沟至关重要。

更新日期:2021-05-12
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