Uncertainty, Knowledge Problems, and Entrepreneurial Action

    Richard A. Hunt
    Richard A. Hunt
    Saras D. Sarasvathy
    Saras D. Sarasvathy

    The Academy of Management Annals, pp. 659-687, 2018.

    Cited by: 2|Bibtex|Views0|

    Abstract:

    Whether new business ventures emerge in the context of start-ups or corporate giants, one of the enduring and fundamental assumptions underlying theories of entrepreneurial action is that entrepreneurs operate in uncertain environments. And yet, nearly a century since the unveiling of Knightian uncertainty as a precursor to profit-making,...More

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