Entrepreneurial Learning: Past Research and Future Challenges

Entrepreneurial learning (EL) has emerged as an important concept at the interface of entrepreneurship and organizational learning. Although EL research has gained momentum in the past decade, the literature is diverse, highly individualistic and fragmented, hindering the development of EL as a promising research area. In this paper, a systematic analysis of the EL literature is first conducted in order to take stock of the theoretical and empirical development and identify research themes and developmental patterns of EL research. Second, three pairs of key learning types that deserve more attention in future research are discussed, namely individual and collective learning, exploratory and exploitative learning, and intuitive and sensing learning. These learning types correspond to three key challenges that are derived from the EL research gaps identified in the systematic literature analysis, and provide fruitful avenues for future research. Third, by exploring the three pairs of learning types, further insights are drawn from entrepreneurship and organizational learning to help to advance EL research, and also feed back to the entrepreneurship literature by discussing how these learning types can help to understand the challenges at the centre of debate in the entrepreneurship literature.

[1]  Irini Voudouris,et al.  Entrepreneurial learning in the international new high-technology venture , 2011 .

[2]  Antoaneta P. Petkova A theory of entrepreneurial learning from performance errors , 2009 .

[3]  W. Gartner,et al.  Are you Talking to Me? The Nature of Community in Entrepreneurship Scholarship , 2006 .

[4]  Jaehoon Rhee,et al.  Drivers of innovativeness and performance for innovative SMEs in South Korea: Mediation of learning orientation , 2010 .

[5]  G. Buenstorf Creation and Pursuit of Entrepreneurial Opportunities: An Evolutionary Economics Perspective , 2007 .

[6]  Douglas Polley,et al.  Learning While Innovating , 1992 .

[7]  Etienne Wenger,et al.  Situated Learning: Legitimate Peripheral Participation , 1991 .

[8]  Dermot Breslin A Review of the Evolutionary Approach to the Study of Entrepreneurship , 2008 .

[9]  Catherine L. Wang Entrepreneurial Orientation, Learning Orientation, and Firm Performance , 2008 .

[10]  S. Shane,et al.  The Promise of Entrepreneurship as a Field of Research , 2000 .

[11]  Oswald Jones,et al.  Developing Absorptive Capacity in Mature Organizations , 2006 .

[12]  J. Hartley,et al.  Organizational Learning and Knowledge in Public Service Organizations: A Systematic Review of the Literature , 2009 .

[13]  R. Thorpe,et al.  A framework for entrepreneurial learning: A tribute to Jason Cope , 2012 .

[14]  E. Wenger Communities of Practice: Learning, Meaning, and Identity , 1998 .

[15]  Deepak Sardana,et al.  Who Learns What?—A Study Based on Entrepreneurs from Biotechnology New Ventures* , 2010 .

[16]  Rob Lee,et al.  Networks, Communication and Learning during Business Start-up , 2008 .

[17]  Michael H. Morris,et al.  Advancing Strategic Entrepreneurship Research: The Role of Complexity Science in Shifting the Paradigm , 2009 .

[18]  Justin I. Miller,et al.  The mortality problem of learning and mimetic practice in emerging industries: Dying to be legitimate , 2012 .

[19]  Mike Wright,et al.  Editor's Introduction: Low and MacMillan Ten Years On: Achievements and Future Directions for Entrepreneurship Research , 2001 .

[20]  J. Cope,et al.  Learning by doing – An exploration of experience, critical incidents and reflection in entrepreneurial learning , 2000 .

[21]  J. Cope,et al.  Entrepreneurship Education: A Systematic Review of the Evidence , 2007 .

[22]  Anne S. Miner,et al.  Organizational Improvisation and Learning: A Field Study , 2001 .

[23]  C. Steyaert Entrepreneurship: in between what? On the "frontier" as a discourse of entrepreneurship research , 2005 .

[24]  W. Starbuck Organizations as Action Generators , 1983 .

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

[26]  Robert A. Baron,et al.  Behavioral and cognitive factors in entrepreneurship: entrepreneurs as the active element in new venture creation , 2007 .

[27]  Jon Sundbo The balancing of empowerment. A strategic resource based model of organizing innovation activities in service and low-tech firms , 1996 .

[28]  Jerome A. Katz,et al.  COGNITIVE APPROACHES TO ENTREPRENEURSHIP RESEARCH , 2003 .

[29]  Richard T. Harrison,et al.  Entrepreneurial Learning: Researching the Interface between Learning and the Entrepreneurial Context , 2005 .

[30]  M. Wright,et al.  David Storey’s optimism and chance perspective: A case of the Emperor’s new clothes? , 2011 .

[31]  A. Neely,et al.  Networking and Innovation: A Systematic Review of the Evidence , 2004 .

[32]  Rita Gunther McGrath Advantage from adversity: Learning from disappointment in internal corporate ventures , 1995 .

[33]  Rita Gunther McGrath Exploratory Learning, Innovative Capacity, and Managerial Oversight , 2001 .

[34]  S. Winter,et al.  In search of useful theory of innovation , 1993 .

[35]  B. Clarysse,et al.  Institutional change and resource endowments to science-based entrepreneurial firms , 2005 .

[36]  Shaker A. Zahra,et al.  Emerging Multinationals Venturing Into Developed Economies: Implications for Learning, Unlearning, and Entrepreneurial Capability , 2011 .

[37]  Robin Holt,et al.  Immaturity The Constraining of Entrepreneurship , 2006 .

[38]  Stephen Downing,et al.  The Social Construction of Entrepreneurship: Narrative and Dramatic Processes in the Coproduction of Organizations and Identities , 2005 .

[39]  Keith H. Brigham,et al.  ENTREPRENEURIAL FIT: THE ROLE OF COGNITIVE MISFIT , 2003 .

[40]  Diamanto Politis,et al.  Does prior start‐up experience matter for entrepreneurs' learning?: A comparison between novice and habitual entrepreneurs , 2008 .

[41]  Johan P. Olsen,et al.  Ambiguity and choice in organizations , 1976 .

[42]  Marc Gruber,et al.  Look Before You Leap: Market Opportunity Identification in Emerging Technology Firms , 2008, Manag. Sci..

[43]  Diamanto Politis The Process of Entrepreneurial Learning: A Conceptual Framework , 2005 .

[44]  Natarajan Balasubramanian,et al.  New Plant Venture Performance Differences Among Incumbent, Diversifying, and Entrepreneurial Firms: The Impact of Industry Learning Intensity , 2011, Manag. Sci..

[45]  Harm J. A. Biemans,et al.  Competence development of entrepreneurs in innovative horticulture , 2007 .

[46]  O. Jones,et al.  Inter-organizational learning and strategic renewal in SMEs: extending the 4I Framework , 2006 .

[47]  Catherine L. Wang,et al.  Organizational diversity and shared vision , 2009 .

[48]  S. Thompson Social Learning Theory , 2008 .

[49]  Eileen Fischer,et al.  Understanding the Consequences of Founders' Experience , 1999 .

[50]  Dimo Dimov,et al.  From Opportunity Insight to Opportunity Intention: The Importance of Person–Situation Learning Match , 2007 .

[51]  Patrick M. Kreiser Entrepreneurial Orientation and Organizational Learning: The Impact of Network Range and Network Closure , 2011 .

[52]  Andrew C. Corbett Experiential Learning within the Process of Opportunity Identification and Exploitation , 2005 .

[53]  J. Cope Entrepreneurial Learning and Critical Reflection , 2003 .

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

[55]  D. Clercq,et al.  THE INTERNATIONALIZATION OF SMALL AND MEDIUM-SIZED FIRMS: THE ROLE OF ORGANIZATIONAL LEARNING EFFORT AND ENTREPRENEURIAL ORIENTATION , 2003 .

[56]  Benson Honig,et al.  Learning Strategies and Resources for Entrepreneurs and Intrapreneurs , 2001 .

[57]  M. Freel,et al.  Entrepreneurial learning and the growth process in SMEs , 1998 .

[58]  H. Stevenson,et al.  A Paradigm of Entrepreneurship: Entrepreneurial Management * , 1990 .

[59]  J. Ruiz Moreno [Organizational learning]. , 2001, Revista de enfermeria.

[60]  J. Seeger,et al.  Entrepreneurial Teams in New Venture Creation: A Research Agenda , 1990 .

[61]  M. Easterby-Smith,et al.  Organizational learning: debates past, present and future , 2000 .

[62]  S. Shane A General Theory of Entrepreneurship , 2003 .

[63]  David Rae,et al.  Entrepreneurial learning: A conceptual framework for technology-based enterprise , 2006, Technol. Anal. Strateg. Manag..

[64]  R. Morgan,et al.  Exploitative Learning and Entrepreneurial Orientation Alignment in Emerging Young Firms: Implications for Market and Response Performance , 2007 .

[65]  S. Venkataraman,et al.  The distinctive domain of entrepreneurship research: An editor''s perspective , 1997 .

[66]  M. Lévesque,et al.  Entrepreneurs’ Decisions on Timing of Entry: Learning from Participation and from the Experiences of Others , 2009 .

[67]  Claus Rerup Learning from past experience: Footnotes on mindfulness and habitual entrepreneurship , 2005 .

[68]  Scott L. Newbert New Firm Formation: A Dynamic Capability Perspective , 2005 .

[69]  J. Cope,et al.  Toward a Dynamic Learning Perspective of Entrepreneurship , 2005 .

[70]  Shaker A. Zahra,et al.  A Conceptual Model of Entrepreneurship as Firm Behavior: A Critique and Extension , 1993 .

[71]  Roberta Capello,et al.  Spatial Transfer of Knowledge in High Technology Milieux: Learning Versus Collective Learning Processes , 1999 .

[72]  Pioneering strategies for entrepreneurial success , 2008 .

[73]  Rob Lee Social Capital and Business and Management: Setting a Research Agenda , 2009 .

[74]  R. Felder,et al.  Learning and Teaching Styles in Engineering Education. , 1988 .

[75]  G. Huber Organizational Learning: The Contributing Processes and the Literatures , 1991 .

[76]  Dawn R. DeTienne,et al.  How Corporate Entrepreneurs Learn from Fledgling Innovation Initiatives: Cognition and the Development of a Termination Script , 2007 .

[77]  J. Piaget,et al.  The Kolb Learning Style Inventory — Version 3 . 1 2005 Technical Specifi cations , 2005 .

[78]  S. Spinelli,et al.  New Venture Creation: Entrepreneurship for the 21st Century , 1999 .

[79]  Andrew C. Corbett Learning asymmetries and the discovery of entrepreneurial opportunities , 2007 .

[80]  Simon C. Parker,et al.  Learning about the unknown: How fast do entrepreneurs adjust their beliefs? , 2006 .

[81]  Christopher Williams,et al.  Dispersed entrepreneurship within multinational corporations: A community perspective , 2007 .

[82]  W. Gartner “Who Is an Entrepreneur?” Is the Wrong Question , 1988 .

[83]  Mário Franco,et al.  Entrepreneurship: an organisational learning approach , 2009 .

[84]  David W. Taylor,et al.  Entrepreneurial learning: a process of co‐participation , 2004 .

[85]  David A. Harper Entrepreneurship and the Market Process: An Enquiry into the Growth of Knowledge , 1996 .

[86]  Irwin M. Rubin,et al.  Organizational psychology : an experiential approach to organizational behavior , 1984 .

[87]  Donald A. Schön,et al.  Organizational Learning: A Theory Of Action Perspective , 1978 .

[88]  Israel M. Kirzner,et al.  Perception, opportunity, and profit : studies in the theory of entrepreneurship , 1981 .

[89]  E. Sadler‐Smith,et al.  Organizational Learning: An Empirical Assessment of Process in Small U.K. Manufacturing Firms , 2001 .

[90]  Stefan Sanz-Velasco Opportunity development as a learning process for entrepreneurs , 2006 .

[91]  R. Cressy The theory of the opportunistic entrepreneur , 1992 .

[92]  E. Carayannis Higher order technological learning as determinant of market success in the multimedia arena; a success story, a failure, and a question mark: AGFA/BAYER AG, Enable Software, and Sun Microsystems , 1998 .

[93]  Jason P. Davis,et al.  Learning Sequences: Their Existence, Effect, and Evolution , 2012 .

[94]  Lawrence A. Berger Economics and Hermeneutics , 1989, Economics and Philosophy.

[95]  J. Burgoyne,et al.  NATURAL LEARNING AND MANAGERIAL ACTION: A PHENOMENOLOGICAL STUDY IN THE FIELD SETTING , 1983 .

[96]  L. Galloway,et al.  Evolution, financial management and learning in the small firm , 2002 .

[97]  A. Gibb Enterprise Culture and Education , 1993 .

[98]  B. Hedberg How Organizations Learn and Unlearn , 1981 .

[99]  D. Tranfield,et al.  Towards a Methodology for Developing Evidence-Informed Management Knowledge by Means of Systematic Review , 2003 .

[100]  D. Tranfield,et al.  Producing a systematic review. , 2009 .

[101]  Roderick E. White,et al.  An Organizational Learning Framework : From Intuition to Institution Author ( s ) : , 2007 .

[102]  Oswald Jones,et al.  Object-mediated Learning and Strategic Renewal in a Mature Organization , 2008 .

[103]  Yuan Li,et al.  Entrepreneurial Orientation, Organizational Learning, and Performance: Evidence from China , 2009 .

[104]  D. Storey,et al.  Uncertainty, innovation and management , 1996 .

[105]  M. Shubik,et al.  A Behavioral Theory of the Firm. , 1964 .

[106]  A. Johansson Narrating the Entrepreneur , 2004 .

[107]  Johan P. Olsen,et al.  THE UNCERTAINTY OF THE PAST: ORGANIZATIONAL LEARNING UNDER AMBIGUITY* , 1975 .

[108]  Julia L. Lin,et al.  Leveraging tenant-incubator social capital for organizational learning and performance in incubation programme , 2010 .

[109]  D. De Clercq,et al.  When Do Venture Capital Firms Learn from Their Portfolio Companies? , 2005 .

[110]  Kimberly M. Green,et al.  Strategic Process Effects on the Entrepreneurial Orientation–Sales Growth Rate Relationship , 2006 .

[111]  N. Krueger The Cognitive Psychology of Entrepreneurship , 2003 .

[112]  Mark Easterby-Smith,et al.  Organizational learning: current debates and opportunities , 1999 .

[113]  Natasa Rupcic,et al.  The fifth discipline-the art and practice of the learning organisation , 2002 .

[114]  S. Zahra,et al.  Absorptive Capacity: A Review, Reconceptualization, and Extension , 2002 .

[115]  Davide Ravasi,et al.  Exploring entrepreneurial learning: A comparative study of technology development projects , 2005 .

[116]  K. Weick,et al.  Collective mind in organizations: Heedful interrelating on flight decks. , 1993 .

[117]  R. Duane Ireland,et al.  Architecture of Entrepreneurial Learning: Exploring the Link among Heuristics, Knowledge, and Action , 2009 .

[118]  David Rae,et al.  Entrepreneurial learning: a narrative‐based conceptual model , 2005 .

[119]  Pier A. Abetti,et al.  The birth and growth of toshiba's laptop and notebook computers: A case study in Japanese corporate venturing , 1997 .

[120]  M. Crossan,et al.  The Nature of Entrepreneurial Opportunities: Understanding the Process Using the 4I Organizational Learning Framework , 2005 .

[121]  H. Babcock,et al.  Association of a , 1955 .

[122]  Carolyn Y. Woo,et al.  Strategic experimentation: Understanding change and performance in new ventures , 2000 .

[123]  Christopher L. Shook,et al.  The Concept of “Opportunity” in Entrepreneurship Research: Past Accomplishments and Future Challenges , 2010 .

[124]  David Deakins,et al.  Market‐based learning, entrepreneurship and the high technology small firm , 1999 .

[125]  Marc Gruber,et al.  Pre-Entry Knowledge, Learning, and the Survival of New Firms , 2009, Organ. Sci..

[126]  O. Jones,et al.  Editorial: Strategies for the Development of International Journal of Management Reviews , 2010 .

[127]  Gerald E. Hills,et al.  The language of opportunity , 2003 .

[128]  Raydel Tullous,et al.  Behaviors of Pre‐Venture Entrepreneurs and Perceptions of Their Financial Needs , 2002 .

[129]  S. Winter,et al.  In search of useful theory of innovation , 1993 .

[130]  Robert Blackburn,et al.  Researching Small Firms and Entrepreneurship: Past, Present and Future , 2009 .

[131]  Mine Karatas‐Ozkan Understanding relational qualities of entrepreneurial learning: Towards a multi-layered approach , 2011 .

[132]  David Rae,et al.  Towards a conceptual understanding of entrepreneurial learning , 2001 .

[133]  Andy Neely,et al.  Introduction to Special Issue: Innovation and Productivity Performance in the UK , 2004 .

[134]  T. Erikson Towards a taxonomy of entrepreneurial learning experiences among potential entrepreneurs , 2003 .

[135]  S. Ghoshal,et al.  Social Capital, Intellectual Capital, and the Organizational Advantage , 1998 .

[136]  Lori Rosenkopf,et al.  Startup size and the mechanisms of external learning: increasing opportunity and decreasing ability? , 2003 .

[137]  R. Baron Cognitive mechanisms in entrepreneurship: Why and when enterpreneurs think differently than other people , 1998 .

[138]  B. Clarysse,et al.  A process study of entrepreneurial team formation: the case of a research-based spin-off , 2004 .

[139]  J. Cope,et al.  Entrepreneurial learning from failure: An interpretative phenomenological analysis , 2011 .

[140]  Kathleen M. Eisenhardt,et al.  Theory Building From Cases: Opportunities And Challenges , 2007 .

[141]  W. Dyer,et al.  Toward a Theory of Entrepreneurial Careers , 1995 .

[142]  J. Brown,et al.  Organizational Learning and Communities-of-Practice: Toward a Unified View of Working, Learning, and Innovation , 1991 .

[143]  I. Chaston Entrepreneurial Management in Small Firms , 2009 .

[144]  David Rae,et al.  Understanding entrepreneurial learning: a question of how? , 2000 .

[145]  S. Shane,et al.  Opportunities and Entrepreneurship , 2003 .

[146]  M. Rose,et al.  Learning and Relationships in Small Firms , 2006 .

[147]  Richard T. Harrison,et al.  Entrepreneurial Learning: Conceptual Frameworks and Applications, , 2008 .

[148]  Oswald Jones,et al.  Entrepreneurship and small firms , 2010 .

[149]  H. Howard,et al.  Special Issue: Corporate Entrepreneurship || A Paradigm of Entrepreneurship: Entrepreneurial Management , 1990 .

[150]  S. Venkataraman,et al.  Three Views of Entrepreneurial Opportunity , 2003 .

[151]  A. M. García-Cabrera,et al.  A Dynamic Model of Technology-based Opportunity Recognition , 2009 .

[152]  Lowell W. Busenitz,et al.  Entrepreneurship Research in Emergence: Past Trends and Future Directions , 2003 .

[153]  Dean A. Shepherd,et al.  Project failure from corporate entrepreneurship: Managing the grief process , 2009 .

[154]  Oswald Jones,et al.  Learning in owner-managed small firms: Mediating artefacts and strategic space , 2010 .

[155]  Daniel A. Levinthal,et al.  ABSORPTIVE CAPACITY: A NEW PERSPECTIVE ON LEARNING AND INNOVATION , 1990 .

[156]  R. Duane Ireland,et al.  Entrepreneurship Research in AMJ: What Has Been Published, and What Might the Future Hold?* , 2005 .

[157]  Lowell W. Busenitz,et al.  The entrepreneurship of resource-based theory , 2001 .

[158]  Robert S. Sullivan Entrepreneurial learning and mentoring , 2000 .

[159]  William D. Bygrave,et al.  A Dynamic Model of Entrepreneurial Learning , 2001 .

[160]  J. Huovinen,et al.  Entrepreneurial learning in the context of portfolio entrepreneurship , 2008 .

[161]  Indigenisation and technological change at the firm level—The case of the black and white TV picture tube , 1997 .

[162]  T. B. Ward Cognition, Creativity, and Entrepreneurship , 2004 .

[163]  M. Hitt,et al.  Strategic entrepreneurship: entrepreneurial strategies for wealth creation , 2001 .

[164]  Markku V. J. Maula,et al.  Explorative and Exploitative Learning from External Corporate Ventures , 2005 .

[165]  Daniel A. Levinthal,et al.  Exploration and Exploitation in Organizational Learning , 2007 .

[166]  D. Kolb Experiential Learning: Experience as the Source of Learning and Development , 1983 .

[167]  David Stokes,et al.  Learning the hard way: the lessons of owner‐managers who have closed their businesses , 2002 .

[168]  Benyamin B. Lichtenstein,et al.  The Role of Organizational Learning in the Opportunity–Recognition Process , 2005 .

[169]  Jonas Gabrielsson,et al.  Entrepreneurs’ attitudes towards failure – an experiential learning approach , 2007 .

[170]  Dean A. Shepherd,et al.  The death of an innovative project: How grief recovery enhances learning , 2009 .

[171]  Ronnie Smith,et al.  What is it That Entrepreneurs Learn from Experience? , 2010 .

[172]  Michael H. Morris,et al.  Framing the Entrepreneurial Experience , 2012 .

[173]  Etienne Wenger,et al.  Communities of Practice: Learning, Meaning, and Identity , 1998 .

[174]  D. Kolb,et al.  Experiential Learning Theory: Previous Research and New Directions , 2000 .

[175]  Henri Hakala Strategic Orientations in Management Literature: Three Approaches to Understanding the Interaction between Market, Technology, Entrepreneurial and Learning Orientations , 2011 .

[176]  David A Cook,et al.  Lack of interaction between sensing–intuitive learning styles and problem-first versus information-first instruction: a randomized crossover trial , 2009, Advances in health sciences education : theory and practice.

[177]  G. West Collective Cognition: When Entrepreneurial Teams, Not Individuals, Make Decisions , 2007 .

[178]  I. B. Myers Manual: A Guide to the Development and Use of the Myers-Briggs Type Indicator , 1985 .

[179]  A. Gibb Small Firms' Training and Competitiveness. Building Upon the Small business as a Learning Organisation , 1997 .

[180]  J. Young,et al.  What Makes Entrepreneurs Learn and How Do They Do It? , 2003 .

[181]  Henrik Berglund,et al.  Entrepreneurial learning and the role of venture capitalists , 2007 .

[182]  Andreas Kuckertz,et al.  Exploration and Exploitation Strategies, Profit Performance, and the Mediating Role of Strategic Learning: Escaping the Exploitation Trap , 2011 .

[183]  D. Kolb The learning style inventory: technical manual , 1976 .

[184]  Maurice Archer,et al.  Who is an entrepreneur , 2008 .

[185]  D. Shepherd,et al.  Entrepreneurs’ Decisions to Exploit Opportunities , 2004 .

[186]  A. Bryman,et al.  The SAGE handbook of organizational research methods , 2009 .

[187]  Catherine L. Wang Organizational Diversity and Shared Vision : Resolving the Paradox of Exploratory and Exploitative Learning , 2009 .