Are Entrepreneurs Optimistic, Realistic, Both Or Fuzzy? Relationship Between Entrepreneurial Traits and Entrepreneurial Learning.
Academy of Entrepreneurship Journal 2008, Jan-July, 14, 1-2
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Publisher Description
INTRODUCTION Optimistic thinking, reactions and feelings are frequently studied in psychology. Optimism is a common attribute cited in entrepreneurship research when describing entrepreneurial individuals. Most researchers agree that optimism implies "a general disposition to expect the best in all things". Unfortunately entrepreneurship research has not provided empirical evidence that demonstrates whether or not entrepreneurs are optimistic, levels of optimism among different entrepreneurs, and how optimism relates to decisions and learning experiences in new venture formation. Many questions remain unanswered such as: Are entrepreneurs really optimistic? Have we mixed the concept of optimism with "positive illusion" (Ottesen & Gronhug, 2005, p. 405) which is a misperception of oneself and the environment that can lead to faulty investment and failure? Have we overstated the effects of optimism on new venture creation without exploring other possible characteristics such as realism?