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Entrepreneurs, Effectual Logic, and Over–Trust

Entrepreneurs, Effectual Logic, and Over–Trust This article complements extant literature on entrepreneurship and trust by proposing a model of over–trust (the tendency to trust more than what is warranted) using entrepreneurial characteristics and effectual logic. We trace how entrepreneurs following effectual processes may tend to over–trust. More formally, we propose that specific personality characteristics of the entrepreneur interact with effectual logic to make the entrepreneur more susceptible to over–trust. The proposed model is value neutral in that we do not imply that over–trust has negative consequences for entrepreneurs. In fact, it may be part of the overall risk that entrepreneurs assume in a new venture creation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Entrepreneurship Theory and Practice SAGE

Entrepreneurs, Effectual Logic, and Over–Trust

Entrepreneurship Theory and Practice , Volume 30 (4): 17 – Jul 1, 2006

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References (60)

Publisher
SAGE
Copyright
© 2006 SAGE Publications
ISSN
1042-2587
eISSN
1540-6520
DOI
10.1111/j.1540-6520.2006.00131.x
Publisher site
See Article on Publisher Site

Abstract

This article complements extant literature on entrepreneurship and trust by proposing a model of over–trust (the tendency to trust more than what is warranted) using entrepreneurial characteristics and effectual logic. We trace how entrepreneurs following effectual processes may tend to over–trust. More formally, we propose that specific personality characteristics of the entrepreneur interact with effectual logic to make the entrepreneur more susceptible to over–trust. The proposed model is value neutral in that we do not imply that over–trust has negative consequences for entrepreneurs. In fact, it may be part of the overall risk that entrepreneurs assume in a new venture creation.

Journal

Entrepreneurship Theory and PracticeSAGE

Published: Jul 1, 2006

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