Connecting People and Knowledge: Knowledge Spillovers, Cognitive Biases, and Entrepreneurship
Having served under David at the Max Planck Institute in Jena, the authors witnessed first hand as he worked to build up entrepreneurship as an academic discipline. While he was building this community in the field writ-large, he was also building a strong network of entrepreneurship scholars within the team itself. While reflecting upon the benefits of cognitive biases such as optimism for entrepreneurial knowledge spillovers and demonstrating context-dependency of the benefits and drawbacks of cognitive biases, the authors also connect this to how they have experienced David’s way of developing a research network.
- Åstebro, T. (2012). Returns to entrepreneurship. Handbook of entrepreneurial finance, 45, 108.Google Scholar
- Audretsch, D. B., & Lehmann, E. E. (2017). The knowledge spillover theory of entrepreneurship and the strategic management of places. In The Wiley handbook of entrepreneurship. London: John Wiley (pp. 349–377).Google Scholar
- Brush, C. G. 2014. Practicing entrepreneurship: Experimentation. Babson Mini-Blog: Forbes.com. https://www.forbes.com/sites/babson/2014/11/09/practicing-entrepreneurship-experimentation/#64ebed3a52f3
- Cao, H. H. & Hirshleifer, D. A., (2000). Conversation, observational learning, and informational cascades. Dice center working paper. London: John Wiley. no. 2001–5 https://doi.org/10.2139/ssrn.267770.
- Fischhoff, B. (1982). Chapter 31. Debiasing. In D. Kahneman, P. Slovic, & A. Tversky (Eds.), Judgement under uncertainty: Heuristics and biases (pp. 422–444). Cambridge, New York, Melbourne, Port Chester, Sydney: Cambridge University Press.Google Scholar
- Hayek, F. A. (1948). Individualism and economic order. Chicago: University of Chicago Press.Google Scholar
- Kahneman, D., & Tversky, A. (2000). Conflict resolution: A cognitive perspective. In D. Kahneman & A. Tversky (Eds.), Choices, values, and frames (pp. 473–487). Cambridge, New York, Melbourne, Madrid, Cape Town: Cambridge University Press.Google Scholar
- Kariv, S. (2005). Overconfidence and informational cascades. unpublished working paper.Google Scholar
- Kirzner, I. (1973). Competition and entrepreneurship. Chicago, IL: University of Chicago Press.Google Scholar
- Parker, S. C. (2007). Policymakers beware! In D. B. Audretsch, I. Grilo, & A. R. Thurik (Eds.), Handbook of research on entrepreneurship policy (pp. 54–63).Google Scholar
- Schumpeter, J. A. (1934). The theory of economic development. Cambridge, MA: Harvard University Press.Google Scholar
- Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. The Academy of Management Review, 25, 217–226.Google Scholar
- Soll, J. B., Milkman, K. L., & Payne, J. W. (2015). A user’s guide to debiasing. In The Wiley Blackwell handbook of judgment and decision making. London: John Wiley (Vol. 2, pp. 924–951).Google Scholar
- Urbig, D., & Weitzel, U. (2009). A plea for individually ‘irrational’ entrepreneurship: How entrepreneurial overconfidence affects payoffs of an entrepreneurial population. Frontiers of Entrepreneurship Research, 29(6), 300.Google Scholar