Effects of Experience on Applying Entrepreneurial Decision Heuristics

The paper seeks to explore the role of experience in the use of decision heuristics by entrepreneurs An exploratory mixed-methods study incorporating qualitative and quantitative data and generating propositions to guide future research and practice The findings suggest that expert entrepreneurs use heuristics frequently in relation to the evaluation of opportunities but novice entrepreneurs use much less heuristics in their decision making Being an exploratory study of a relatively small sample the findings are tentative and not generalized to a wider population However the study implies that future researchers should explore these topics in greater depth This study is one of the first studies to explore the complex role played by experience in the use of heuristics by entrepreneurs The study also adopts an original approach by assuming that heuristics may be effectiv

Value chain analysis for opportunity exploitation in software industry

Competitive advantage defines a powerful tool that strategic managers need for recognizing and increasing company’s competitive advantage, this tool is called the value chain. Famous software companies in the world have been able to capture the market of software products by good understanding of the market, value chain analysis and appropriate planning. Software value chain includes effective and important components in creating competitive advantage that should be analyzed. In this study the effective factors in competitive advantage and analysis of software value chain components are discussed. Research methodology is mixed of qualitative – quantitative and practical method. After reviewing the literatures and gathering researches since 2000 to 2012, using interviews and analysis of qualitative data with coding them, important and effective components of software value chain were identified and by the use of these components questionnaire was developed. After distributing the questionnaire, factor analysis was accomplished to identify the major components of the value chain in the software development. Finally, components analysis of the software value chain was done for enhancing competitive advantage compared with competitors

Opportunity domains: Invisible boundaries of entrepreneurial opportunities

Purpose: The purpose of the current paper is to provide a review of the researches on the most important typologies of entrepreneurial opportunities and to suggest an individual-based typology of entrepreneurial opportunities. Design/methodology/approach: The literature review method is used in the current paper to review the most important typologies of entrepreneurial opportunities and their contributions. Findings: Considering the three essential concepts of perceivability, exploitability, and desirability of entrepreneurial opportunities, this paper suggests an individual-based definition of the concept of entrepreneurial opportunity. In addition to the implications of the suggested framework for future studies and regarding its potential applications, the policies to move people from one domain of opportunity to another and also recommendations for entrepreneurs and investors are presented. Originality/value: This paper introduces the concept of opportunity domain, and suggests a three-level (domain) typology based on the role of individual(s) in identification and exploitation of entrepreneurial opportunities

Which product would be chosen? A fuzzy VIKOR method for evaluation and selection of products in terms of customers' point of view; Case study: Iranian cell phone market

Product selection is always one of the troubles that decision makers are facing with it. Correct selection requires having suitable method for this important issue. In this article, we concern to introduce an approach of fuzzy decision making for selection to decision makers. The nature of decision making is usually complex and without structure. Totally, most of qualitative and quantitative factors such as quality, price, and flexibility should be concerned for determining a suitable product. In this study, it is attempted to use recent advances in ranking methods for product selection. The proposed study uses oral preferences language shown in terms of triangular and trapezoid fuzzy numbers. Then, a multi criteria hierarchical decision making is suggested on the basis of fuzzy collection theory for product selection where the proposed fuzzy VIKOR uses different qualitative and quantitative criteria

Conceptualizing Design Thinking: The Scope of Entrepreneurship

In recent decades, design thinking as a new approach to problem solving and innovation has attracted the attention of many researchers in different fields. Many organizations and individuals today are taking advantage of design thinking as they seek to use the skills and processes of designers to come up with solutions to complex problems or create processes that optimize results and improve conditions. However, there is no consensus in the field of research on the basic features, applications, and definitions of design thinking. To elucidate the knowledge of this field and conceptualize design thinking and its role as cognitive constructs in the entrepreneurial literature, this research has comprehensively reviewed 106 conceptual and empirical studies of a total of 2037 articles from 1985 to 2019. This study is a descriptive and systematic literature review. Identification of different conceptualizations of design thinking, tools for designing thinking, models discussed in this field, and its relation to entrepreneurship are the results of this study