Creativity: Linking Theory and Practice for Entrepreneurs

Duxbury, Tom

doi:10.22215/timreview594

Cited by 5 publications

(8 citation statements)

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“…For example, McMullan and Kenworthy (2014) observed that creativity in entrepreneurship can predict up to 50 per cent of financial performance variance, and may be considered a dominant factor of entrepreneurial success. Duxbury (2012) argues that creativity is unique in entrepreneurial environments, that can often be described with fast-changing competitive landscapes and growing or changing customer demands (Sood & Tellis, 2005;Utterback & Suarez, 1993), because not only must individuals come up with creative ideas but also demonstrate the capacity to create commercial value from these ideas (Duxbury, 2012). Creative production appears to be the driving force behind faster growing and more successful business ventures (e.g., Rauch & Frese, 2007;Zhao, Seibert, & Lumpkin, 2010).…”

Section: Introductionmentioning

confidence: 99%

Fostering creativity through critical thinking: The case of business start‐up simulations

2017

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Research suggests a positive link between critical thinking and creativity. However, this relationship has not been measured in an empirical study. This study aims to explore whether critical thinking can serve to enhance creativity and whether creativity positively mediates the relationship between critical thinking and business performance. In this study, we analyse these relationships within the entrepreneurial context of a web‐based business start‐up simulation. We examined data from 26 teams of three to four senior business students and found partial support for our hypotheses. Critical thinking positively influenced creativity, measured as the total number of unique product designs. Creativity (unique product designs) also positively mediated the link between critical thinking and performance. This effect, however, did not exist when creativity was assessed through advertisement designs. This research contributes to entrepreneurship and innovation management by demonstrating the importance of critical thinking as a basis for creativity and testing this relationship in a business start‐up simulation context.

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Section: Introductionmentioning

confidence: 99%

Fostering creativity through critical thinking: The case of business start‐up simulations

2017

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“…In line with other findings, Brown and Eisenhardt (1997) noted that such "semistructures", with few explicit rules over means of achieving goals, favoured improvisation. Control systems that reward initiative, effort, and risk taking without penalizing failed attempts are as essential to improvisation as they are to creative and innovative activities (Zhou & Shalley, 2007;Duxbury, 2012). Anecdotally, many entrepreneurs will recognize creativityfostering minimal structures during their "founding days"; the challenge is to maintain such structures during subsequent growth stages.…”

Section: Effective Improvisationsmentioning

confidence: 99%

Improvising Entrepreneurship

Duxbury

2014

Technology Innovation Management Review

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“…The work of Andreasen (2005); Csikszentmihalyi (1996); Gilovich, Griffin, and Kahneman (2002);and Kahneman (2011) are examples of well-known research within these two areas. Duxbury (2012) assesses the process of creativity and its relationship to innovation. Cognitive and computer scientists are investigating how computers can be designed to autonomously manipulate abstract concepts while Boden (1999) is concerned with computer models of creativity.…”

Section: Creativitymentioning

confidence: 99%