File(s) not publicly available
Optimism and chance: the elephants in the entrepreneurship room
journal contribution
posted on 2023-06-08, 12:03 authored by David StoreyThis article argues that existing theories of new and small firms fail to capture the temporal diversity of such enterprises. Most are ‘one-way bets’ because they provide an explanation only for growing firms. To address this, this article combines the role of chance with the optimism of the business owner into optimism and chance (OC) theory. This provides an insight into why, for example, very few new or small firms grow continuously and why, when compared to Europe, individuals in the USA who initially failed in business, ultimately became successful.
History
Publication status
- Published
Journal
International Small Business JournalISSN
0266-2426Publisher
SAGE PublicationsExternal DOI
Issue
4Volume
29Page range
303-321Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-07-13Usage metrics
Categories
No categories selectedKeywords
Licence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC