"The book is a useful resource for researchers interested in understanding the cognition of entrepreneurs. Doctoral students and newcomers will find the book especially helpful to quickly acquaint themselves with what has been already done in the entrepreneurial cognition research and future possibilities in this field of inquiry." (Swati Oberoi, International Small Business Journal ISBJ, September 21, 2020)
1: Introduction
2: Prior Knowledge and Entrepreneurial Cognition
3: Motivation and Entrepreneurial Cognition
4: Attention and Entrepreneurial Cognition
5: Entrepreneurial Identity
6: Emotion and Entrepreneurial Cognition
7: Conclusion
Dean A. Shepherd is the Ray and Milann Siegfried Professor of Entrepreneurship at the Mendoza College of Business, Notre Dame University, USA. He is the former Editor-in-Chief of the Journal of Business Venturing and has published over 130 scholarly journal articles and 19 books.
Holger Patzelt is Chair in Entrepreneurship at the School of Management, Technical University of Munich, Germany. His research interests include entrepreneurial cognition and economic, emotional and psychological consequences of failure.
This open access book investigates the inter-relationship between the mind and a potential opportunity to explore the psychology of entrepreneurship. Building on recent research, this book offers a broad scope investigation of the different aspects of what goes on in the mind of the (potential) entrepreneur as he or she considers the pursuit of a potential opportunity, the creation of a new organization, and/or the selection of an entrepreneurial career. This book focuses on individuals as the level of analysis and explores the impact of the organization and the environment only inasmuch as they impact the individual’s cognitions. Readers will learn why some individuals and managers are able to able to identify and successfully act upon opportunities in uncertain environments while others are not. This book applies a cognitive lens to understand individuals’ knowledge, motivation, attention, identity, and emotions in the entrepreneurial process.