Entrepreneurial expertise and the use of control
Author
Dew, Nicholas
Read, Stuart
Sarasvathy, Saras D.
Wiltbank, Robert
Date
2015-04-28Metadata
Show full item recordAbstract
Significant evidence has accumulated describing the importance of expertise. As this
knowledge is extended, it is critical to understand when expertise matters and how. We
unpack expertise in entrepreneurial decision making by presenting 412 founder/entrepreneur
subjects with a unique tool involving four scenarios so we can measure an
element of theoretical relevance to expertise in the entrepreneurial domain, efficacy at
applying control and prediction strategies to situations which vary in environmental
predictability and controllability. Results show that entrepreneurial expertise yields significant
decision-making improvements in the situational use of control strategies – those
strategies conceptually associated with uncertain new ventures, products and markets.
Description
The article of record as published may be found at http://doi.org/10.1016/j.jbvi.2015.09.001
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Collections
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