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Cited by 408

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 access
Shepherd, Dean A., McMullen, Jeffery S., Jennings, P. Devereaux·2007·Strategic Entrepreneurship Journal

Abstract

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.

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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

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