Uncertainty’s Connections to Entrepreneurship

Richard J. Arend ()
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Richard J. Arend: University of Southern Maine

Chapter Chapter 11 in Uncertainty in Strategic Decision Making, 2024, pp 167-178 from Springer

Abstract: Abstract Considers the argument made by Knight (1921) that entrepreneurial activity is existentially dependent on uncertainty. Argues for the ways in which the connection exists. Explains the drivers and context of the connection. Argues that, for entrepreneurship to flourish, uncertainty must be understood and managed (as best as it can be) in entrepreneurial decision-making.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-48553-4_11

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DOI: 10.1007/978-3-031-48553-4_11

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