Imagining and rationalizing opportunities : Inductive reasoning and the creation and justification of new ventures

Abstract : We argue that creating novel ventures consists of inductive analogical or metaphorical reasoning, which generates a platform for the creation and commercialization of novel ventures and facilitates the comprehension and justification of a venture. We argue that such inductive reasoning is shaped by two determinants (the applicability of prior entrepreneurial experience and the motivation to resolve uncertainty and acquire legitimacy) that interrelate to predict and explain patterns of analogical and metaphorical reasoning by which novice and experienced entrepreneurs construct meaning for themselves as well as others in the early stages of creating a venture.
Complete list of metadatas

Cited literature [99 references]  Display  Hide  Download

https://hal.archives-ouvertes.fr/hal-02276730
Contributor : Emlyon Business School <>
Submitted on : Tuesday, September 3, 2019 - 9:48:25 AM
Last modification on : Wednesday, September 4, 2019 - 1:20:25 AM

File

264641-AMR_Clarke_20101001.pdf
Explicit agreement for this submission

Identifiers

  • HAL Id : hal-02276730, version 1

Collections

Citation

Joep P. Cornelissen, Jean Clarke. Imagining and rationalizing opportunities : Inductive reasoning and the creation and justification of new ventures. Academy of Management Review, Academy of Management, 2010, 539-557 p. ⟨hal-02276730⟩

Share

Metrics

Record views

22

Files downloads

62