Are you an innovator or adaptor? the impact of cognitive propensity on venture expectations and outcomes

2008 ◽  
Vol 11 (2) ◽  
pp. 29-45 ◽  
Author(s):  
Kevin LaMont Johnson ◽  
Wade M. Danis ◽  
Marc J. Dollinger
Keyword(s):  
Problem Solving ◽  
Cognitive Style ◽  
Nascent Entrepreneurs ◽  
Initial Development ◽  
Start Up ◽  
The Impact

In this study we confirm the often assumed but largely untested belief that entrepreneurs think and behave differently than others. We examine a group of more than 700 nascent entrepreneurs and 400 nonentrepreneurs. We determine the entrepreneurs’ cognitive style propensity for problem solving (Innovator versus Adaptor); we compare their expectations; and, we examine the outcomes (performance and start-up) of their ventures. We find that nascent entrepreneurs are more likely to be overly optimistic Innovators, most people are Adaptors, and oneʼs cognitive style can indeed play a role in the initial development and outcome for the venture, but not always as expected.

How do social skills enable nascent entrepreneurs to enact perseverance strategies in the face of challenges? A comparative case study of success and failure

2014 ◽  
Vol 20 (6) ◽  
pp. 517-541 ◽  
Author(s):  
Wadid Lamine ◽  
Sarfraz Mian ◽  
Alain Fayolle
Keyword(s):  
Social Skills ◽  
New Technology ◽  
New Ventures ◽  
Nascent Entrepreneurs ◽  
Entrepreneurial Process ◽  
Ongoing Research ◽  
Content Type ◽  
Start Up ◽  
The Impact

Purpose – This paper seeks to advance ongoing research in entrepreneurial perseverance. While the concept of perseverance is not new, few researchers paid attention to behavioural persistence in the entrepreneurial context. The purpose of this paper is to explore the emergence of new technology based firms (NTBF) by focusing on the role of nascent entrepreneurs’ social skills in the meeting the changes of entrepreneurial perseverance. Design/methodology/approach – In this paper the authors study the start-up phase of entrepreneurial process. The authors opted for a longitudinal case study approach in order to enhance the knowledge on entrepreneurs’ social skills and perseverance. For triangulation purpose the data were gathered using four different information sources. The use of Nvivo8 as the data analysis tool helped to impose a discipline and structure which facilitated the extraction of core insights. Findings – This paper contributes to the understanding of the entrepreneurial perseverance in the context of new venture creation. Particularly, reading the entrepreneurial process through the lens of the perseverance strategies model (Van Gelderen, 2012) provided a way to identify and then to assess the impact of the social skills on the overall entrepreneurial perseverance and their combined impact on the performance of NTBF creation process. In doing so, the authors identify the impact of entrepreneurs’ social skills to deal with a series of entrepreneurial problems such as scarcity of resources, uncertainty and ambiguity and consequently their impact on the likelihood of survival for new ventures. The issues that arose mostly reflected the inherent complexity of technology transfer processes, the university and entrepreneurs’ diverging cultures, and the very characteristics of the start-up phase of NTBFs. The findings reveal how social skills impact the entrepreneurial paths and probable outcomes. Research limitations/implications – This paper contributes to the understanding of the entrepreneurial perseverance in the context of NTBF creation. The findings reveal how social skills and perseverance impact the entrepreneurial paths and probable outcomes. Practical implications – The paper has implications for entrepreneurial support mechanisms such as technology business incubators in helping them to improve the efficacy and efficiency of their assistance to entrepreneurs through the development of their skill-sets and perseverance and providing enabling networking. In addition, the research has implications for entrepreneurship education and training. Indeed, there is an urgent need to design and implement courses and programs aiming at developing soft skills in entrepreneurship. Originality/value – In exploring networking and issues of perseverance for nascent entrepreneurs operating in new technology-based sectors, which the authors consider as an under searched area in entrepreneurial literature.

scholarly journals Experiential learning and critical reflection as a tool for transfer of business knowledge: an empirical case study of a start-up simulation intervention for nascent entrepreneurs

2013 ◽  
Vol 10 (3) ◽  
pp. 330-347 ◽  
Author(s):  
Ingrid Le Roux ◽  
Barnard Steyn
Keyword(s):  
Experiential Learning ◽  
Critical Reflection ◽  
Empirical Support ◽  
Nascent Entrepreneurs ◽  
Experiential Learning Theory ◽  
Start Up ◽  
Marketing Operations ◽  
The Impact ◽  
The Relationship

This paper investigates the impact of venture start-up simulation on participants’ learning; it is concerned specifically with the relationship between experiential learning theory and critical reflection within venture start-up simulation. This was carried out in empirical investigation of a simulation training game used to train entrepreneurs in a formal setting. The findings show significant improvement in their knowledge of finance, marketing operations and information use. Participants reported increased skills and intended behavioural changes in their own ventures. Finally, there was empirical support for the fact that critical reflection during experiential learning can greatly improve the standard of learning and has an immediate effect on  participants’ behaviour.

The Impact of Entrepreneurial Cognition on the Founding and Survival of New Small Businesses

2012 ◽  
Vol 26 (6) ◽  
pp. 453-460 ◽  
Author(s):  
Andrew P. Hird
Keyword(s):  
Cognitive Style ◽  
Small Businesses ◽  
Survival Rates ◽  
Nascent Entrepreneurs ◽  
Nascent Entrepreneurship ◽  
Nascent Entrepreneur ◽  
Psychometric Instruments ◽  
New Business ◽  
The Uk ◽  
The Impact

This paper reports on an investigation into nascent entrepreneurship. Developing and sustaining a new business is a complex and uncertain process, and different types of individuals react to this uncertainty in different ways. It is argued that cognitive factors play a crucial role. Validated and reliable psychometric instruments were administered to 119 nascent entrepreneurs in the UK. The respondents were tracked through the nascent phase, business launch and to six months after launch. The findings indicate that cognitive style is not a predictor of nascent entrepreneurship but that it is highly influential in the process of founding a business. Both intuitive and analytic nascent entrepreneurs started businesses and cognitive style did not affect survival rates, but the process of business formation and survival developed in different ways. Most research to date has argued that an intuitive cognitive style is associated with the necessary characteristics for launching an entrepreneurial venture. It is possible that this conclusion has been drawn because most studies have been conducted among existing entrepreneurs. The findings of the present study indicate that, at the nascent stage of entrepreneurship, and particularly among inexperienced nascent entrepreneurs, this assertion is open to challenge. An awareness of an entrepreneur's cognitive style may assist those who seek to support and advise the nascent entrepreneur, but may also help individual entrepreneurs to recognize their strengths and weaknesses and, so, to develop appropriate strategies for business launch and survival.

The impact of leaders' cognitive style and creativity on organizational problem-solving

2020 ◽  
Vol 27 (8) ◽  
pp. 2261-2281
Author(s):  
Surajit Saha ◽  
R.R.K. Sharma
Keyword(s):  
Problem Solving ◽  
Cognitive Style ◽  
The Other ◽  
Diverse Range ◽  
Content Type ◽  
Other Hand ◽  
Closed Type ◽  
Organizational Problem ◽  
The Impact ◽  
Organizational Problems

PurposeExtensive research has been done to measure the effect of personality and cognitive styles on creativity. However, an in-depth study is required to identify the impact of cognitive style and creativity on organizational problem-solving. The objective of this paper is to look into this lacuna and study the effect of cognitive style and creativity of leaders on their organizational problem-solving.Design/methodology/approachThe study uses a survey-based design. Data have been collected from 90 middle and senior-level managers from a diverse range of industries. The authors assessed their proposed hypotheses by conducting statistical analysis using SPSS and SmartPLS.FindingsThe results of the study reveal that leaders, who've scored high on intuition feeling (NF) cognitive style and proactive creativity, are suitable for solving open type of organizational problems. On the other hand, NF type of leaders with “contributory creativity” are ideal for solving closed type of organizational problems. Further, leaders scoring high on intuition thinking (NT) and proactive creativity are suitable for solving open types of organizational problems. Interestingly, the combination of NT with expected creativity is not suitable for closed type of organizational problems. On the other hand, a leader scoring high on sensing thinking (ST) cognitive style is more prone to perform contributory creativity.Practical implicationsThe study would help the human resource (HR) planning processes of an organization. It would assist HR professionals while recruiting, selecting or deploying employees for creative works within an organization. Therefore, the paper would be useful for HR managers, personnel, management development specialists, consultants and HR academicians.Originality/valueThe relationship among cognitive style, creativity and problem type has not been adequately explored in extant literature on leadership and organizational development. This study would thereby enrich the literature.

scholarly journals The Impact of Cognitive Style-based Learning Models on Students' Problem-Solving Abilities

2020 ◽  
Vol 5 (2) ◽  
pp. 297-306
Author(s):  
Sutrisno Sutrisno ◽  
Dwi Rahayuningsih ◽  
Heni Purwati
Keyword(s):  
Problem Solving ◽  
Cognitive Style ◽  
Cognitive Styles ◽  
Learning Model ◽  
Nonparametric Tests ◽  
Learning Models ◽  
Field Independent ◽  
Tenth Grade ◽  
The Difference ◽  
The Impact

Every student must possess problem-solving abilities. Solving students' problems is varied; several factors influence the difference between cognitive styles and learning models. This study aimed to determine differences in problem-solving abilities based on students' cognitive styles in the Concept Attention (CA) and Group Investigation (GI) learning model. This study was a quantitative study with the tenth-grade students of SMA Negeri 16 Semarang as the 2018/2019 academic year population. The sample was selected using cluster random sampling. The research data had been collected through documentation and tests and then were analyzed using nonparametric tests, specifically the Hildebrand test, since the data were not normally distributed. The results showed that students with Field Independent (FI) cognitive style's problem-solving ability were better than students with Field Dependent (FD) cognitive style, either in general, CA, or GI learning models. The CA learning model produced better problem-solving abilities than the GI learning model, both in general and in terms of the type of students’ cognitive style.

The Impact of Visual Thinking Approach to Promote Elementary Students’ Problem Solving Skill in Mathemathics

2018 ◽  
Vol 1 (2) ◽  
pp. 98
Author(s):  
Muhammad Fendrik ◽  
Elvina Elvina
Keyword(s):  
Elementary Schools ◽  
Problem Solving ◽  
Elementary Students ◽  
Visual Learning ◽  
Control Group ◽  
Visual Thinking ◽  
Quasi Experimental ◽  
Student Skill ◽  
Mathematical Skill ◽  
The Impact

This study aims to examine the influence of visual thinking learning to problemsolving skill. Quasi experiments with the design of this non-equivalent controlgroup involved Grade V students in one of the Elementary Schools. The design ofthis study was quasi experimental nonequivalent control group, the researchbullet used the existing class. The results of research are: 1) improvement ofproblem soving skill. The learning did not differ significantly between studentswho received conventional learning. 2) there is no interaction between learning(visual thinking and traditional) with students' mathematical skill (upper, middleand lower) on the improvement of skill. 3) there is a difference in the skill oflanguage learning that is being constructed with visual learning of thought interms of student skill (top, middle and bottom).

Sign in / Sign up

Export Citation Format

Share Document