A Simulation of Strategic Decision Making in Situational Stereotype Conditions for Entrepreneurial Companies

Entrepreneurship is concerned with pattern recognition of situations and information by entrepreneurs. Simulation methods represent an attractive venue for exploring pattern recognition and information interpretation issues. A computerized decision-making simulation was developed and run to test hypotheses concerning interpretation of stereotypical situational cues to which new ventures are subject. Partial support is found for the existence of classes of situations to which entrepreneurs and managers respond. Stereotypical views of situations may develop quickly and be acted on easily in critical decision making. Future simulation research on cognition issues in entrepreneurship may enable entrepreneurs to better learn how to learn.

[1]  C. Douglas Wetzel,et al.  The Effectiveness of Games for Educational Purposes: A Review of Recent Research , 1992 .

[2]  Peter M. Senge,et al.  Overcoming limits to learning in computer-based learning environments , 1992 .

[3]  Idiosyncratic milieus of entrepreneurial research: The need for comprehensive theories☆ , 1992 .

[4]  David J. Miller,et al.  Stale in the Saddle: CEO Tenure and the Match Between Organization and Environment , 1991 .

[5]  G. Meyer,et al.  An upper Echelons perspective on transformational leadership problems in high technology firms , 1990 .

[6]  J. Wolfe,et al.  The Role of Management Games and Simulations in Education and Research , 1990 .

[7]  Van G. H. Clouse.  A Controlled Experiment Related Entrepreneurial Education to Students' Start-Up Decisions , 1990 .

[8]  S. Mezias,et al.  MANAGING DISCONTINUOUS CHANGE: A SIMULATION STUDY OF ORGANIZATIONAL LEARNING AND ENTREPRENEURSHIP , 1990 .

[9]  Robert K. Kazanjian,et al.  An empirical test of a stage of growth progression model , 1989 .

[10]  P. Devine.  Stereotypes and prejudice: Their automatic and controlled components. , 1989 .

[11]  Karl H. Vesper,et al.  Entrepreneurial academics—How can we tell when the field is getting somewhere? , 1988 .

[12]  J. Dutton,et al.  Discerning threats and opportunities. , 1988 .

[13]  Murray B. Low,et al.  Entrepreneurship: Past Research and Future Challenges , 1988 .

[14]  Jane E. Dutton,et al.  Strategic Issue Management Systems: Forms, Functions, and Contexts , 1987 .

[15]  J. Dutton,et al.  Categorizing Strategic Issues: Links to Organizational Action , 1987 .

[16]  P. H. Friesen,et al.  A Longitudinal Study of the Corporate Life Cycle , 1984 .

[17]  R. Daft,et al.  Toward a Model of Organizations as Interpretation Systems , 1984 .

[18]  J. Crocker,et al.  Cognitive Processes in the Revision of Stereotypic Beliefs , 1983 .

[19]  K. Cameron,et al.  Organizational Life Cycles and Shifting Criteria of Effectiveness: Some Preliminary Evidence , 1983 .

[20]  S. Kiesler,et al.  Managerial Response to Changing Environments: Perspectives on Problem Sensing from Social Cognition. , 1982 .

[21]  Barry M. Staw,et al.  Threat-rigidity effects in organizational behavior: A multilevel analysis. , 1981 .

[22]  R. Abelson.  Psychological status of the script concept. , 1981 .

[23]  John B. Black,et al.  The “soap opera” effect in story recall , 1979 .

[24]  John B. Black,et al.  Scripts in memory for text , 1979, Cognitive Psychology.

[25]  A. Tversky.  Features of Similarity , 1977 .

[26]  M. Snyder.  On the Self-Fulfilling Nature of Social Stereotypes. , 1977 .

[27]  Henry Mintzberg,et al.  The Structure of "Unstructured" Decision Processes , 1976 .

[28]  Peter Wright.  The harassed decision maker: Time pressures, distractions, and the use of evidence. , 1974 .

[29]  Glenn H. Bracht,et al.  The External Validity of Experiments1 , 1968 .