The DOI matches its Crossref record; 10 of the 10 references it cites were found in a registry or an index.
The formation of opportunity beliefs: overcoming ignorance and reducing doubt
Open accessAbstract
Although (opportunity) beliefs are becoming increasingly recognized as fundamental to understanding entrepreneurial cognition and strategic action, little is understood about the mechanisms that are responsible for the formation and evolution of these beliefs. Introducing the mechanisms of gists, matching, and updating from philosophy's and psychology's coherence theory, we propose a theoretical framework to explain how third‐person opportunity beliefs (beliefs that one has recognized an opportunity for someone with the right knowledge and motivation) are formed and how they evolve to become first‐person opportunity beliefs (beliefs that one has recognized an opportunity for himself or herself). We conclude by examining how the model contributes to literatures ranging from entrepreneurial cognition and action, to strategic myopia and organizational attention, to opportunity recognition, discovery, and creation. Copyright © 2007 Strategic Management Society.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Institutions, Institutional Change and Economic Performance
North, D. C. (1990) · doi:10.1017/cbo9780511808678 · Cited by 32,691
Knowledge of the firm, combinative capabilities, and the replication of technology
Kogut, B., & Zander, U. (1992) · Organization Science · doi:10.1287/orsc.3.3.383 · Cited by 12,939 · cited 1×
“In a similar way, socialized common ground between managers (Kogut and Zander, 1992), absorptive capacity (Cohen and Levinthal, 1990; Rosenkopf and Nerkar, 2001; Zahra and George, 2002) and organizational routines (Nelson and Winter, 1992) direct decision makers’ attention to specifi c aspects of…”
BackgroundOrganizing and the process of sensemaking
Weick, K. E., Sutcliffe, K. M., & Obstfeld, D. (2005) · Organization Science · doi:10.1287/orsc.1050.0133 · Cited by 6,943
Competing models of entrepreneurial intentions
Krueger, N. F., Reilly, M. D., & Carsrud, A. L. (2000) · Journal of Business Venturing · doi:10.1016/s0883-9026(98)00033-0 · Cited by 5,994
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
Recent developments in modeling preferences: Uncertainty and ambiguity
Camerer, C., & Weber, M. (1992) · Journal of Risk and Uncertainty · doi:10.1007/bf00122575 · Cited by 1,795
Gopnik, A., & Meltzoff, A. N. (1997) · doi:10.7551/mitpress/7289.001.0001 · Cited by 1,479
Cognitive change, strategic action, and organizational renewal
Barr, P. S., Stimpert, J. L., & Huff, A. S. (1992) · Strategic Management Journal · doi:10.1002/smj.4250131004 · Cited by 1,290
Failure to detect changes to people during a real-world interaction
Simons, D. J., & Levin, D. T. (1998) · Psychonomic Bulletin & Review · doi:10.3758/bf03208840 · Cited by 733
From Blobs to Boundary Edges: Evidence for Time- and Spatial-Scale-Dependent Scene Recognition
Schyns, P. G., & Oliva, A. (1994) · Psychological Science · doi:10.1111/j.1467-9280.1994.tb00500.x · Cited by 715
Cited by
Entrepreneurial alertness in the pursuit of new opportunities
Tang, J., Kacmar, K. M. (., & Busenitz, L. (2012) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2010.07.001 · Cited by 1,013
Cognitive Processes of Opportunity Recognition: The Role of Structural Alignment
Grégoire, D. A., Barr, P. S., & Shepherd, D. A. (2010) · Organization Science · doi:10.1287/orsc.1090.0462 · Cited by 582
Self-citationCapital is not enough: Innovation in developing economies
Bradley, S. W., McMullen, J. S., Artz, K., & Simiyu, E. M. (2012) · Journal of Management Studies · doi:10.1111/j.1467-6486.2012.01043.x · Cited by 375
Self-citationDoes self-efficacy affect entrepreneurial investment?
Cassar, G., & Friedman, H. (2009) · Strategic Entrepreneurship Journal · doi:10.1002/sej.73 · Cited by 255
Mental Disorders in the Entrepreneurship Context: When Being Different Can Be An Advantage
Wiklund, J., Hatak, I., Patzelt, H., & Shepherd, D. A. (2018) · Academy of Management Perspectives · doi:10.5465/amp.2017.0063 · Cited by 231
Self-citationWhen Is More Uncertainty Better? A Model of Uncertainty Regulation and Effectiveness
Griffin, M. A., & Grote, G. (2020) · Academy of Management Review · doi:10.5465/amr.2018.0271 · Cited by 223
How data-driven entrepreneur analyzes imperfect information for business opportunity evaluation
Canakoglu, E., Erzurumlu, S. S., & Erzurumlu, Y. O. (2018) · IEEE Transactions on Engineering Management · doi:10.1109/tem.2018.2826983 · Cited by 47
Mäntymäki, M., Hyrynsalmi, S., & Koskenvoima, A. (2020) · Information Systems Frontiers · doi:10.1007/s10796-019-09913-1 · Cited by 45
Metadata
- Authors
- Shepherd, D. A., McMullen, J. S., & Jennings, P. D.
- Venue
- Strategic Entrepreneurship Journal
- Publisher
- Wiley
- Published
- 2007-11
- Volume
- 1
- Issue
- 1-2
- Pages
- 75-95
- ISSN
- 1932-4391 (ISSN-L)
- 1932-443X
- OpenAlex
- W3124658856
- Cited by
- 408
- References
- 10
- FWCI
- 20.28
- Type
- journal article
- Language
- en
- Open access
- bronze
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.