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Cited by 472

The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.

Uncertainty, Knowledge Problems, and Entrepreneurial Action

Townsend, David M., Hunt, Richard A., McMullen, Jeffery S., Sarasvathy, Saras D.·2018·Academy of Management Annals
DOI 10.5465/annals.2016.0109
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Abstract

Whether new business ventures emerge in the context of start-ups or corporate giants, one of the enduring and fundamental assumptions underlying theories of entrepreneurial action is that entrepreneurs operate in uncertain environments. And yet, nearly a century since the unveiling of Knightian uncertainty as a precursor to profit-making, the identification, description, and operationalization of uncertainty as a construct continue to exhibit conflicting definitions, tautological measures, and unwitting conflation with more precise constructs along the spectrum of ignorance and unknowingness. The purpose of this study is to review the multiple research streams that together constitute the literature on knowledge problems to identify critical boundary conditions of uncertainty as an analytical construct. Based on this review, we then set forth a multi-level research agenda for exploring entrepreneurial action under conditions of ambiguity, complexity, equivocality, and uncertainty.

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Metadata

Authors
Townsend, D. M., Hunt, R. A., McMullen, J. S., & Sarasvathy, S. D.
Venue
Academy of Management Annals
Publisher
Academy of Management
Published
2018-06
Volume
12
Issue
2
Pages
659-687
ISSN
  • 1941-6067 (ISSN-L)
  • 1941-6520
DOI
10.5465/annals.2016.0109
OpenAlex
W2800602483
Cited by
472
References
17
FWCI
41.25
Type
journal article
Language
en
Open access
closed

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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