IDEAS home Printed from https://ideas.repec.org/a/ids/ijclma/v1y2010i1p55-71.html
   My bibliography  Save this article

How innovation and entrepreneurship can conquer uncertainty and complexity: learning about the unexpected

Author

Listed:
  • Carl Henning Reschke
  • Dieter Bogenhold
  • Sascha Kraus

Abstract

In recent times, it has become obvious that linear models of the world in general and management in particular do not carry as far as we expected them to. However, the question of how we can find a clue how to deal with a world that is a complex aggregation of evolving interactions is still unanswered. Much of what was seen as real, machine-like, determined and objective seems to be unpredictable, indefinable and subjective since the middle of the last century. The knowledge required for identifying the best alternative is beyond the possibilities of actors. Thus dealing with uncertainty, complexity and the search for novelty are becoming increasingly important. Strategic management science provides a suitable tool for constructing aisles of knowledge into the forest of uncertainty: strategic planning. We argue that one possible key to make the future manageable despite its overwhelming complexity might be to typify future developments based on experiences form past and present. In this way, economic actors may drive corridors of future development into the unknown dark of the future.

Suggested Citation

  • Carl Henning Reschke & Dieter Bogenhold & Sascha Kraus, 2010. "How innovation and entrepreneurship can conquer uncertainty and complexity: learning about the unexpected," International Journal of Complexity in Leadership and Management, Inderscience Enterprises Ltd, vol. 1(1), pages 55-71.
  • Handle: RePEc:ids:ijclma:v:1:y:2010:i:1:p:55-71
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=35789
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kumar, Satish & Sahoo, Saumyaranjan & Lim, Weng Marc & Kraus, Sascha & Bamel, Umesh, 2022. "Fuzzy-set qualitative comparative analysis (fsQCA) in business and management research: A contemporary overview," Technological Forecasting and Social Change, Elsevier, vol. 178(C).
    2. Zulaicha Parastuty & Dieter Bögenhold, 2019. "Paving the Way for Self-Employment: Does Society Matter?," Sustainability, MDPI, vol. 11(3), pages 1-16, January.
    3. Ricarda B. Bouncken & Sascha Kraus & Antonio Lucas Ancillo, 2022. "Management in times of crises: reflections on characteristics, avoiding pitfalls, and pathways out," Review of Managerial Science, Springer, vol. 16(7), pages 2035-2046, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijclma:v:1:y:2010:i:1:p:55-71. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=345 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.