Attributions to intuition in the venture founding process: Do entrepreneurs actually use intuition or just say that they do?

Brian D. Blume and Jeffrey G. Covin

Journal of Business Venturing, 2011, vol. 26, issue 1, 137-151

Abstract: Even though entrepreneurs often cite the use of intuition as a basis for their venturing decisions, verifying that entrepreneurs are actually using intuition is very difficult. We distinguish between entrepreneurs' attributions to intuition and their actual use of intuition. We propose characteristics of entrepreneurs that increase the likelihood that they will attribute intuition as a basis for decisions during the venture founding process. We then delineate characteristics that make the development and effective use of entrepreneurial intuition more likely. Theoretical implications for researchers studying intuition and practical implications for entrepreneurs using intuition are discussed.

Keywords: Entrepreneurial; intuition; Venture; founding; Cognitive; processes (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (23)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:26:y:2011:i:1:p:137-151

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