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Origin Of Value Creation: The Role Of Delayed Intuition In Entrepreneurial Problem Framing, Chan Hyung Park
Origin Of Value Creation: The Role Of Delayed Intuition In Entrepreneurial Problem Framing, Chan Hyung Park
Olin Business School Electronic Theses and Dissertations
Highly successful entrepreneurial ventures often result from solving problems that have not been solved before (i.e., entrepreneurial problems). The problem-solving and entrepreneurship literatures indicate that individuals need to develop novel problem frames—uncommon interpretations of observable needs or pain points (i.e., symptoms) signaling the problems—to create solutions that other people would not typically think of and generate unique value that is key to entrepreneurial success. However, developing novel frames of entrepreneurial problems is difficult for two reasons. The symptoms of the problems are ambiguous and unstructured, and the structured information to find the right frame of problems is costly to acquire. …
Essays In Entrepreneurship, Mostafa Salari
Essays In Entrepreneurship, Mostafa Salari
Olin Business School Electronic Theses and Dissertations
My dissertation concentrates on the determinants of entrepreneurship and consists of two essays. The first essay develops a dynamic model of occupational choices to capture how big-five personality traits influence entrepreneurial decisions and returns. More importantly, I divide entrepreneurs into incorporated and unincorporated to differentiate between high-growth and lifestyle entrepreneurs. I use the Household, Income, and Labour Dynamics in Australia (HILDA) data set for this study. My model captures the role of personality traits, cognitive ability, human capital, information accumulation, and non-pecuniary benefits in entrepreneurial dynamics. The estimated model demonstrates that personality traits affect pecuniary and non-pecuniary from incorporated and …