IDEAS home Printed from https://ideas.repec.org/a/taf/ujbmxx/v54y2016i1p319-340.html
   My bibliography  Save this article

Entrepreneurs as Sophisticated Iconoclasts: Rational Rule‐Breaking in an Experimental Game

Author

Listed:
  • Richard J. Arend

Abstract

We analyzed the theoretical relationship between rule‐breaking by entrepreneurs and realized advantage. We tested the tenets of that relationship using an experiment where subjects, including entrepreneurs, compete in a business strategy game where rule‐breaking is possible (but does not directly correlate with benefits). We found that entrepreneurs break the rules more often and realize greater benefits because they break rules in a smarter way. The ability to be sophisticated in rule‐breaking behavior stems from breaking the rules earlier and responding more aggressively to positive feedback. Such actions can create new net value in the economy—reinforcing the idea of entrepreneurship as a social good.

Suggested Citation

  • Richard J. Arend, 2016. "Entrepreneurs as Sophisticated Iconoclasts: Rational Rule‐Breaking in an Experimental Game," Journal of Small Business Management, Taylor & Francis Journals, vol. 54(1), pages 319-340, January.
    • Handle: RePEc:taf:ujbmxx:v:54:y:2016:i:1:p:319-340
    DOI: 10.1111/jsbm.12147
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/jsbm.12147
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1111/jsbm.12147?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    More about this item

    Statistics

    Access and download statistics

    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:taf:ujbmxx:v:54:y:2016:i:1:p:319-340. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ujbm .

    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.