 Overconfidence and entrepreneurship: A meta-analysis of different types of overconfidence in the entrepreneurial processPriscilla S. Kraft, Christina Günther, Nadine H. Kammerlander and Jan Lampe Journal of Business Venturing, 2022, vol. 37, issue 4 Abstract: While research on overconfidence and entrepreneurship has grown rapidly in recent decades, extant studies provide conflicting theoretical predictions and empirical results about the role of overconfidence for entrepreneurship. To help resolve the controversy in the literature, we draw on information-processing theory to propose a theoretical framework that disentangles the influence of three types of overconfidence (i.e., overprecision, overestimation, and overplacement) in three major phases of the entrepreneurial process. The results of meta-analytical structural equation modeling (MASEM) based on 62 primary studies reveal varying effects of the three types of overconfidence in the entrepreneurial process. We discuss the implications of these findings and identify future research opportunities to advance this stream of research. Keywords: Overconfidence; Entrepreneurship; Information-processing theory; Entrepreneurial process; Meta-analysis (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:37:y:2022:i:4:s0883902622000192 DOI: 10.1016/j.jbusvent.2022.106207 Access Statistics for this article Journal of Business Venturing is currently edited by S. Venkataraman More articles in Journal of Business Venturing from Elsevier |
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