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The Role of Emotions and Cognitions in Entrepreneurial Decision-Making

Theresa Michl (), Isabell M. Welpe (), Matthias Spörrle () and Arnold Picot
Additional contact information
Theresa Michl: Ludwig-Maximilians-University
Isabell M. Welpe: Technical University of Munich
Matthias Spörrle: Ludwig-Maximilians-University

Chapter Chapter 8 in Understanding the Entrepreneurial Mind, 2009, pp 167-190 from Springer

Abstract: This chapter examines the role of emotions and cognitions in entrepreneurial decision-making and how they interact in this process. First, definitions of the terms emotions and cognitions are outlined. Second, entrepreneurial decision-making processes and the role of emotions and cognitions within these processes are presented. Afterward, we briefly describe three representatives of cognitive appraisal theories of emotion with the focus on entrepreneurship. Finally, we present a model of how to study emotions and cognitions in entrepreneurial decision-making and point out implications for future research, for practice, and for teaching.

Keywords: Negative Emotion; Positive Emotion; Irrational Belief; Rational Emotive Behavior Therapy; Rational Belief (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (9)

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Chapter: The Role of Emotions and Cognitions in Entrepreneurial Decision-Making (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-1-4419-0443-0_8

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DOI: 10.1007/978-1-4419-0443-0_8

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