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Exploring factors contributing to creativity performance among entrepreneurs using the Bayesian Mindsponge Framework

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  • Vuong, Quan-Hoang
  • Le, Tam-Tri
  • Zhang, Tao
  • La, Viet-Phuong
  • Quang-Loc, Nguyen
  • Hoang, Giang
  • Nguyen, Minh-Hoang

Abstract

Creativity is a crucial aspect of entrepreneurship. However, research on the information-processing mechanism of creativity in relation to entrepreneurship is still very limited. To explore factors contributing to creativity performance among entrepreneurs in terms of information processing, we applied the Bayesian Mindsponge Framework. We used the Serendipity-Mindsponge-3D (SM3D) knowledge management theory to construct models and conducted Bayesian analysis on the most comprehensive and well-designed dataset of 3071 Vietnamese entrepreneurs up to date. We found that entrepreneurs who give more time to their startup attempts are likely to have lower levels of creativity. Both factors of higher levels of knowledge within one’s discipline and better connections to out-of-discipline knowledge are positively associated with more creativity. While the effect of openmindedness on the relationship between within-discipline knowledge and creativity is unclear, openmindedness was found to have a positive moderating effect on the association between out-of-discipline knowledge and creativity. These findings support entrepreneurs in understanding the information processing mechanisms behind creativity for creating more effective knowledge management strategies.

Suggested Citation

  • Vuong, Quan-Hoang & Le, Tam-Tri & Zhang, Tao & La, Viet-Phuong & Quang-Loc, Nguyen & Hoang, Giang & Nguyen, Minh-Hoang, 2022. "Exploring factors contributing to creativity performance among entrepreneurs using the Bayesian Mindsponge Framework," OSF Preprints zusbt, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:zusbt
    DOI: 10.31219/osf.io/zusbt
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    References listed on IDEAS

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    1. André Stel & Martin Carree & Roy Thurik, 2005. "The Effect of Entrepreneurial Activity on National Economic Growth," Small Business Economics, Springer, vol. 24(3), pages 311-321, February.
    2. Zoltan Acs, 2008. "How is Entrepreneurship Good for Economic Growth?," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 21, pages 291-301, Edward Elgar Publishing.
    3. Quan-Hoang Vuong & Quang-Khiem Bui & Viet-Phuong La & Thu-Trang Vuong & Viet-Ha T. Nguyen & Manh-Toan Ho & Hong-Kong T. Nguyen & Manh-Tung Ho, 2018. "Cultural additivity: behavioural insights from the interaction of Confucianism, Buddhism and Taoism in folktales," Palgrave Communications, Palgrave Macmillan, vol. 4(1), pages 1-15, December.
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    Cited by:

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    2. Mindsponge, AISDL, 2023. "Essential materials for Bayesian Mindsponge Framework analytics," OSF Preprints 7bxpd, Center for Open Science.

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