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Entrepreneurship: Process and Abilities

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  • Philip D. Olson

Abstract

This study provides information about important entrepreneurial abilities. Initially, the activities that entrepreneurs undertake when starting new ventures are organized into a process. It is proposed that a useful framework for examining entrepreneurial abilities could be developed through two thinking modes that can be linked to these activities. One mode is characterized by intuitive, holistic and simultaneous thinking; the other, by rational, analytic and sequential processing.

Suggested Citation

  • Philip D. Olson, 1985. "Entrepreneurship: Process and Abilities," Entrepreneurship Theory and Practice, , vol. 10(1), pages 25-31, July.
  • Handle: RePEc:sae:entthe:v:10:y:1985:i:1:p:25-31
    DOI: 10.1177/104225878501000103
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    References listed on IDEAS

    as
    1. Robert A. Peterson & George Kozmetsky & Nancy M. Ridgway, 1983. "Perceived Causes of Small Business Failures: A Research Note," Entrepreneurship Theory and Practice, , vol. 8(1), pages 15-19, July.
    2. Ronald C. Clute & George B. Garman, 1980. "The Effect of U.S. Economic Policies on the Rate of Business Failure," Entrepreneurship Theory and Practice, , vol. 5(1), pages 6-12, July.
    3. Wayne Long, 1983. "The Meaning of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 8(2), pages 47-59, October.
    4. N/A, 1983. "American Journal of Small Business," Entrepreneurship Theory and Practice, , vol. 7(3), pages 61-61, January.
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    Cited by:

    1. Jill Kickul & Lisa K. Gundry & Saulo D. Barbosa & Laney Whitcanack, 2009. "Intuition versus Analysis? Testing Differential Models of Cognitive Style on Entrepreneurial Self–Efficacy and the New Venture Creation Process," Entrepreneurship Theory and Practice, , vol. 33(2), pages 439-453, March.
    2. Lee, Lena & Wong, Poh Kam, 2006. "How does An Entrepreneur’s Ability Influence the Propensity to Exploit Novel Opportunities? The Moderating Role of Personality and Environment," MPRA Paper 597, University Library of Munich, Germany.
    3. J. Robert Mitchell & Paul N. Friga & Ronald K. Mitchell, 2005. "Untangling the Intuition Mess: Intuition as a Construct in Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 29(6), pages 653-679, November.
    4. Douglas W. Naffziger & Jeffrey S. Hornsby & Donald F. Kuratko, 1994. "A Proposed Research Model of Entrepreneurial Motivation," Entrepreneurship Theory and Practice, , vol. 18(3), pages 29-42, April.

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