Wow! eBook
The Systematic Search for Entrepreneurial Discoveries
Author(s): James O. Fiet (Author)
- Publisher: Praeger (UK)
- Publication Date: 30 July 2002
- Language: English
- Print length: 256 pages
- ISBN-10: 1567202551
- ISBN-13: 9781567202557
Book Description
Entrepreneurship as an academic discipline has often been criticized for lacking intellectual rigor and a theoretical foundation. Fiet supplies both in this scholarly book, which approaches entrepreneurial competence from an academic perspective. There are three primary characteristics of entrepreneurial competence: tacit knowledge of an entrepreneur’s field of endeavor, which can be improved by trial and error; the knowledge of decision rules that enable one to make rational informational investments based upon the signals of opportunities; and the unequal distribution of entrpreneurial competence among the population. Recognizing that entrepreneurs start out at different stages of competence, Fiet asserts that anyone cam improve using his book as a pedagogical aid. This volume fills a void in the entrepreneurship literature, which too often is indistinguishable from that which informs courses on small business management.
Editorial Reviews
Review
“Blazes a new trail for understanding the discovery process. This book will be of interest to all researchers, teachers, and practitioners interested in better understanding how entrepreneurs successfully search for new information that leads to new business opportunities.”-Lowell W. Busenitz Price College of Business, The University of Oklahoma
“Fiet has laid down a challenge to the traditional way entrepreneurship scholars teach and do research. Through a very ingenious experiment, Fiet demonstrates that his method can really improve the discovery process for prospective entrepreneurs. If implemented, Fiet’s new strategy would revolutionize entrepreneurship courses and perhaps revitalize curricula that depend too heavily on anecdotal reports from the field and borrowed principles from other disciplines.”-Howard E. Aldrich Department of Sociology, University of North Carolina
“Many entrepreneurs fail. Among the successful ones, the success is sometimes due to luck. For these reasons, sound advice to aspiring entrepreneurs cannot be based solely on descriptions of what practicing entrepreneurs do. Based on this insight, Fiet takes on the task of developing instead theory about what entrepreneurs should do. The result is an important book with potential for widespread classroom use–and possibly for re-directing the focus of entrepreneurship research.”-Per Davidsson The Jonkoping International Business School, Sweden
