2015
DOI: 10.1108/sbr-10-2014-0047
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A realist philosophical understanding of entrepreneurial risk-taking

Abstract: Purpose – The purpose of this paper is to utilise Vilfredo Pareto ' s Machiavellian-realist social theory to provide a distinctive realist philosophical understanding of entrepreneurial risk-taking. By doing so, this paper seeks to stimulate debate and encourage future empirical testing that has the potential to present a richer understanding of entrepreneurial risk-taking. Design/methodology/approach – To establish that a reali… Show more

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Cited by 14 publications
(12 citation statements)
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“…Existing academic research has supported this view from a certain perspective. The researchers believe that entrepreneurs can be narcissistic and psychopathic, or they exhibit strong self-efficacy beliefs related to these personality traits (Marshall and Ojiako, 2015). The following sections demonstrate the relationship between the three members of the dark triad and ESE.…”
Section: Introductionmentioning
confidence: 99%
“…Existing academic research has supported this view from a certain perspective. The researchers believe that entrepreneurs can be narcissistic and psychopathic, or they exhibit strong self-efficacy beliefs related to these personality traits (Marshall and Ojiako, 2015). The following sections demonstrate the relationship between the three members of the dark triad and ESE.…”
Section: Introductionmentioning
confidence: 99%
“…Based on earlier works on psychological conservatism by Wilson and Patterson (1970) and on right wing authoritarianism by Altemeyer (1981), Marshall (2007), Marshall and Guidi (2012) and Marshall and Ojiako (2015) argue that the Machiavellian-Paretian 'lion' equates today's conservative and authoritarian behavioural patterns. As Marshall (2007) points out, both conservative and authoritarian patterns display similar strong positive correlations with measures of dogmatic and rigid thinking, as well as similar strong negative correlations with measures of openness.…”
Section: Are These Patterns Real?mentioning
confidence: 99%
“…Risk taking dapat dianalisis pada level individual dan organisasional sebagai proses pengambilan keputusan yang dapat bersifat objektif maupun subjektif (Marshall and Ojiako, 2014;Marshall and Guidi, 2012;Boholm and Corvellec, 2011;Denis, Hilton, 2015) "Risk-taking", didefiniskan oleh sebagai komitmen untuk berusaha dan menerima ide untuk memulai sebuah usaha menjadi aspek yang terintegral dari perilaku entrepreneurial yang tertarik pada elemen risiko maupun ketidakpastian (Mitchell et al 2004, p. 978). Beberapa peneliti menunjukkan bahwa konstruk risk taking dapat dibedakan atas uncertainty dan risk (Marshall and Ojiako 2014;Galindo at al., 2013;York and Venkataraman, 2010;McMullen and Shepherd, 2006). Uncertainty merupakan ketidak pastian terhadap faktor-faktor yang tidak dapat diperhitungkan, sedangkan risiko merupakan probabilitas yang dapat diperhitungkan (Marshall and Ojiako 2014).…”
Section: Proposisi :unclassified
“…Beberapa peneliti menunjukkan bahwa konstruk risk taking dapat dibedakan atas uncertainty dan risk (Marshall and Ojiako 2014;Galindo at al., 2013;York and Venkataraman, 2010;McMullen and Shepherd, 2006). Uncertainty merupakan ketidak pastian terhadap faktor-faktor yang tidak dapat diperhitungkan, sedangkan risiko merupakan probabilitas yang dapat diperhitungkan (Marshall and Ojiako 2014). Risk takingjuga diartikan sebagai tingkat penerimaan terhadap resiko sumber daya secara beralasan dan menggantikannya dengan biaya kegagalan.…”
Section: Proposisi :unclassified