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Entrepreneurial innovation, judgment, and decision-making as a virtuous process

Author

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  • Tomás González-Cruz

    (University of Valencia)

  • Carlos Devece

    (Polytechnic University of Valencia)

Abstract

Entrepreneurial Innovation is one of the issues that nowadays arouses the interest of academics and practitioners. Efforts made until now, focus on procedures and context through and where entrepreneurial action is enacted. Recently this interest has turned toward the entrepreneurial mindset (European Commission 2016) that provides intention to the set of competences that the entrepreneur deploys along the innovation process. Through this special issue IEMJ calls for research that provides a better understanding of the entrepreneur’s process in looking for and discovering new opportunities for value creation. In this introductory paper a virtuous process is proposed that relies on Austrian School tradition: Entrepreneurial judgement, context understanding, resources and wills mobilization, exploratory leaning and focus on value creation that fit non-served needs.

Suggested Citation

  • Tomás González-Cruz & Carlos Devece, 2018. "Entrepreneurial innovation, judgment, and decision-making as a virtuous process," International Entrepreneurship and Management Journal, Springer, vol. 14(2), pages 245-248, June.
    • Handle: RePEc:spr:intemj:v:14:y:2018:i:2:d:10.1007_s11365-018-0510-y
    DOI: 10.1007/s11365-018-0510-y
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    References listed on IDEAS

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    Cited by:

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    2. William C. McDowell & Lucy M. Matthews & Ryan L. Matthews & Joshua R. Aaron & Diane R. Edmondson & Cheryl B. Ward, 2019. "The price of success: balancing the effects of entrepreneurial commitment, work-family conflict and emotional exhaustion on job satisfaction," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1179-1192, December.

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