Entrepreneurship
...th the relative novelty of the research of this, there becomes a time when an encompassing definition of the research that is being done is needed. One way to arrive at this, according to the authors, is to examine the definitions of entrepreneurial and cognition separately. First off they give definitions of entrepreneur, in a quick summation, meaning one person or team that creates and then manages a new enterprise. The other word of the phrase, cognition, is deemed to mean all processes by which sensory input is changed and used. The authors use these two definitions and synthesize a meaning for the phrase “entrepreneurial cognition”, which they define as, “the knowledge structures that people use to make assessments, judgments, or decisions involving opportunity evaluation, venture creation, and growth.” This seems to be their offering for future research, as it provides a starting point that is meant to be elaborated upon and developed through further research. From that thought the authors regress to the history of entrepreneurs’ cognition and go through its brief past with a recounting of things already written on the subject. The article states that the term started gaining acceptance in the early 1990s and the authors deduce this from a series of chronological facts. Including those such as that the first field work was done around this time and constructs under this topic were used to differentiate between the entrepreneurial thinkers from the non-entrepreneurs. As this topic gained head way the theories became more abounding and more specific. This knowledge then becomes the basis for their future research and the articles that the authors will place in the upcoming volumes of their research. The researchers chose five articles from which to do secondary research on, these works came from all over the world and were reviewed by forty-seven scholars. The first article provides an overview of the field especially on the decisions to pioneer. Moreover, the following article examines the effects of risk perception on opportunity evaluation. The third article reports the researchers’ empirical tests on the quantitative and qualitative measures of regretful thinking of technical entrepreneurs and technical non-entrepreneurs. The following work builds on this by extending the analysis to group entrepreneurship and key precursors to corporate entrepreneurship. Finally the last piece focuses on an internet des...