Fink_2018_3.pdf (187.27 kB)
Stress Processes: An Essential Ingredient in the Entrepreneurial Process
journal contribution
posted on 2023-08-30, 15:28 authored by Andreas Rauch, Matthias Fink, Isabella HatakThe entrepreneurial process is associated with high uncertainty. Uncertainty is also a major source of stress. Therefore, a core aim of entrepreneurs is to reduce uncertainty to an extent that allows the entrepreneurial process to unfold. However, entrepreneurship scholars have
insufficiently addressed stress processes that may be associated with this uncertainty. We argue that uncertainty is the concept connecting both the entrepreneurial and stress processes. We discuss the link between the two processes regarding: (1) opportunity recognition, (2)
opportunity exploitation, and (3) associated outcomes. We then illustrate how future research should incorporate the interaction between the two processes using a morphological box and discuss how such research would change the way we specify entrepreneurial process models and study entrepreneurial behavior.
History
Refereed
- Yes
Volume
32Issue number
3Page range
340-357Publication title
Academy of Management PerspectivesISSN
1943-4529External DOI
Publisher
Academy of ManagementFile version
- Accepted version
Language
- eng