Informational Entrepreneurship in a World with Limited Insight

ISBN-13: 9783031165344 / Angielski / Miękka / 2023

James O. Fiet

Opis

This book organizes entrepreneurship theory in a way that constitutes a new body of knowledge, which is Informational Entrepreneurship.  It can serve as a basis for teaching entrepreneurship and reducing performance uncertainty.  Although entrepreneurship is not entirely about information, information determines how it can be systematically understood while depending less on luck.  It also offers the only known, experimentally tested approach that incorporates decision support tools.  Other known approaches rely on exposition for validation; whereas, Informational Entrepreneurship uses two-sample experiments that controlled for other explanations as well as experimenter bias.  It will appeal to those studying and teaching entrepreneurship who are looking for a prescriptive approach, rather than a descriptive approach.

Spis treści

Chapter 1. Successful Anomalies. - Chapter 2. Positioning in Time and Space. - Chapter 3. Informational Entrepreneurship. - Chapter 4. Estimating Wealth Potential. - Chapter 5. A Formal Proof of Informational Entrepreneurship. - Chapter 6. The Science of What Is Possible. - Chapter 7. Preventing Bias in Testing. - Chapter 8. Arbitrage Using Windows of Opportunity. - Chapter 9. Forgiving Business Models. - Chapter 10. Cooperative Arrangements. - Chapter 11. Wealth Accumulation. - Chapter 12. A Challenge for the Field.

O autorze

James O. Fiet is the Brown-Forman Chair in Entrepreneurship and Professor of Management at the University of Louisville, USA. He founded both the entrepreneurship PhD program and the Institute for Entrepreneurial Research. He is in the top 1% of all entrepreneurship researchers world-wide with more than 63,000 research reads. According to Stanford University, he is in the top 2% of all scientists in the world across all disciplines. He was an editor for 10 years of Entrepreneurship Theory and Practice, which was the #2 ranked journal for all business disciplines. Before his appointment as editor, the journal was unranked. He published the most cited entrepreneurship article during the last 8 years. He has published the following theoretical treatises: The Systematic Search for Entrepreneurial Discoveries (2002); Prescriptive Entrepreneurship (2008); Time, Space and Entrepreneurship (2020); The Theoretical World of Entrepreneurship (2022); and, The Entrepreneurial Solution to Poverty and the Science of What Is Possible (2022). Coming soon is Entrepreneurship in a Postmodern Age.

Blurb

“Informational Entrepreneurship in a World with Limited Insight offers an excellent approach to put together a complex topic in a simple and scientific way. The use of boxes, figures, and tables makes the book reader friendly. The book combines theoretical and prescriptive solutions to provide a systematic understanding of ways to enhance entrepreneurial performance. It is an invaluable resource for entrepreneurship researchers, aspiring entrepreneurs and educators.”

—Alka Gupta, Associate Editor at Southern Asian Journal of Human Resource Management

“This novel and innovative book focuses on the topical subject of Informational Entrepreneurship. It presents new thinking about what is possible from an entrepreneurial perspective. I highly recommend it for its practical and useful insights.”

—Vanessa Ratten, Associate Professor, La Trobe University, Victoria, Australia

This book organizes entrepreneurship theory in a way that constitutes a new body of knowledge, which is Informational Entrepreneurship. It can serve as a basis for teaching entrepreneurship and reducing performance uncertainty. Although entrepreneurship is not entirely about information, information determines how it can be systematically understood while depending less on luck. It also offers the only known, experimentally tested approach that incorporates decision support tools. Other known approaches rely on exposition for validation; whereas, Informational Entrepreneurship uses two-sample experiments that controlled for other explanations as well as experimenter bias. It will appeal to those studying and teaching entrepreneurship who are looking for a prescriptive approach, rather than a descriptive approach.

James O. Fiet is the Brown-Forman Chair in Entrepreneurship at the University of Louisville, USA. He is in the top 1% of all entrepreneurship researchers world-wide with more than 63,000 research reads. According to Stanford University, he is in the top 2% of all scientists in the world across all disciplines. He has published the following theoretical treatises: The Systematic Search for Entrepreneurial Discoveries (2002); Prescriptive Entrepreneurship (2008); Time, Space and Entrepreneurship (2020); The Theoretical World of Entrepreneurship (2022); and, The Entrepreneurial Solution to Poverty and the Science of What Is Possible (2022). Coming soon is Entrepreneurship in a Postmodern Age.