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This paper develops a theory of entrepreneurial learning from performance errors. The paper explains how entrepreneurs generate outcomes, and based on these, detect and correct errors in their own knowledge about the activities involved in creating and operating a new venture. The model developed in this paper reflects the major cognitive functions leading to outcome generation, error detection and error correction. We draw testable propositions about the effects of entrepreneurs’ domain-specific knowledge and cognitive ability on each stage of the learning process, which ultimately determine how much the entrepreneurs can learn from a given performance error.
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- A theory of entrepreneurial learning from performance errors
Antoaneta P. Petkova
- Springer US
- International Entrepreneurship and Management Journal
Print ISSN: 1554-7191
Elektronische ISSN: 1555-1938
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