FAILING FIRMS AND SUCCESSFUL ENTREPRENEURS: SERIAL ENTREPRENEURSHIP AS A SIMPLE MACHINE

Saras D. Sarasvathy

17 citations0/0 files stored

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Entrepreneurship Studies and Influences Firm Innovation and Growth Private Equity and Venture Capital

Abstract

Given what we already know about firm success and failure, namely that most firms fail, can we say anything about the possible success or failure of entrepreneurs? In this paper we argue that irrespective of what we believe the failure rate of firms to be, we can still rigorously understand entrepreneurial success/failure and derive useful prescriptions to improve success rates of entrepreneurs. Particularly, entrepreneurs can use Bayesianism as a control mechanism, instead of as an inference engine.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 17 citations exist upstream.

References

1984Structural Inertia and Organizational Change 2004Social Structure and Organizations 1 2001Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency 1988“Who Is an Entrepreneur?” Is the Wrong Question 1997Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making 2007Fools Rush in? The Institutional Context of Industry Creation*1997Survival of the Fittest? Entrepreneurial Human Capital and the Persistence of Underperforming Firms 1988Entrepreneurship: Past Research and Future Challenges

Cited by

2014Entrepreneurial Training: A Comparative Study across Fifteen European Countries 2011Entrepreneurs' response to failure in early stage technology ventures: A comparative study

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.