Beyond Hubris: How Highly Confident Entrepreneurs Rebound to Venture Again
@article{Hayward2010BeyondHH, title={Beyond Hubris: How Highly Confident Entrepreneurs Rebound to Venture Again}, author={Mathew L. A. Hayward and William R. Forster and S. Sarasvathy and B. Fredrickson}, journal={Journal of Business Venturing}, year={2010}, volume={25}, pages={569-578} }
This article outlines why highly confident entrepreneurs of focal ventures are better positioned to start and succeed with another venture; and therefore why overconfidence in one's capabilities functionally persists and pervades amongst entrepreneurs. By combining cognitive perspectives on confidence in decision making with Fredrickson's [Fredrickson, B.L. 1998. What good are positive emotions?. Review of General Psychology, 2, 300–319.; Fredrickson, B.L. 2001. The role of positive emotions in… CONTINUE READING
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