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Entrepreneurship: Process and Abilities

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  • Philip D. Olson

Abstract

This study provides information about important entrepreneurial abilities. Initially, the activities that entrepreneurs undertake when starting new ventures are organized into a process. It is proposed that a useful framework for examining entrepreneurial abilities could be developed through two thinking modes that can be linked to these activities. One mode is characterized by intuitive, holistic and simultaneous thinking; the other, by rational, analytic and sequential processing.

Suggested Citation

  • Philip D. Olson, 1985. "Entrepreneurship: Process and Abilities," Entrepreneurship Theory and Practice, , vol. 10(1), pages 25-31, July.
    • Handle: RePEc:sae:entthe:v:10:y:1985:i:1:p:25-31
    DOI: 10.1177/104225878501000103
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    References listed on IDEAS

    as
    1. Robert A. Peterson & George Kozmetsky & Nancy M. Ridgway, 1983. "Perceived Causes of Small Business Failures: A Research Note," Entrepreneurship Theory and Practice, , vol. 8(1), pages 15-19, July.
    2. Ronald C. Clute & George B. Garman, 1980. "The Effect of U.S. Economic Policies on the Rate of Business Failure," Entrepreneurship Theory and Practice, , vol. 5(1), pages 6-12, July.
    3. Wayne Long, 1983. "The Meaning of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 8(2), pages 47-59, October.
    4. N/A, 1983. "American Journal of Small Business," Entrepreneurship Theory and Practice, , vol. 7(3), pages 61-61, January.
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    Cited by:

    1. Jill Kickul & Lisa K. Gundry & Saulo D. Barbosa & Laney Whitcanack, 2009. "Intuition versus Analysis? Testing Differential Models of Cognitive Style on Entrepreneurial Self–Efficacy and the New Venture Creation Process," Entrepreneurship Theory and Practice, , vol. 33(2), pages 439-453, March.
    2. Douglas W. Naffziger & Jeffrey S. Hornsby & Donald F. Kuratko, 1994. "A Proposed Research Model of Entrepreneurial Motivation," Entrepreneurship Theory and Practice, , vol. 18(3), pages 29-42, April.
    3. J. Robert Mitchell & Paul N. Friga & Ronald K. Mitchell, 2005. "Untangling the Intuition Mess: Intuition as a Construct in Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 29(6), pages 653-679, November.
    4. Lee, Lena & Wong, Poh Kam, 2006. "How does An Entrepreneur’s Ability Influence the Propensity to Exploit Novel Opportunities? The Moderating Role of Personality and Environment," MPRA Paper 597, University Library of Munich, Germany.

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