Are you an innovator or adaptor? the impact of cognitive propensity on venture expectations and outcomes

Kevin LaMont Johnson (Baylor University)
Wade M. Danis (Georgia State University)
Marc J. Dollinger (Indiana University)

New England Journal of Entrepreneurship

ISSN: 2574-8904

Article publication date: 1 March 2008

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Abstract

In this study we confirm the often assumed but largely untested belief that entrepreneurs think and behave differently than others. We examine a group of more than 700 nascent entrepreneurs and 400 nonentrepreneurs. We determine the entrepreneurs’ cognitive style propensity for problem solving (Innovator versus Adaptor); we compare their expectations; and, we examine the outcomes (performance and start-up) of their ventures. We find that nascent entrepreneurs are more likely to be overly optimistic Innovators, most people are Adaptors, and oneʼs cognitive style can indeed play a role in the initial development and outcome for the venture, but not always as expected.

Citation

Johnson, K.L., Danis, W.M. and Dollinger, M.J. (2008), "Are you an innovator or adaptor? the impact of cognitive propensity on venture expectations and outcomes", New England Journal of Entrepreneurship, Vol. 11 No. 2, pp. 29-45. https://doi.org/10.1108/NEJE-11-02-2008-B003

Publisher

:

Emerald Publishing Limited

Copyright © Published by DigitalCommons©SHU, 2008


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