Beyond Hubris: How Highly Confident Entrepreneurs Rebound to Venture Again

  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},
  • Mathew L. A. Hayward, William R. Forster, +1 author B. Fredrickson
  • Published 2010
  • Psychology
  • Journal of Business Venturing
  • 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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