DocumentCode
1819432
Title
Obsessed maniacs and clairvoyant oracles: Empirically validated patterns of entrepreneurial behavior
Author
Carayannis, Elias G. ; Stewart, McDonald R.
Author_Institution
Sch. of Bus., Dept. of Inf. Syst. & Technol. Manage., George Washington Univ., Washington, DC, USA
fYear
2013
fDate
July 28 2013-Aug. 1 2013
Firstpage
906
Lastpage
920
Abstract
Diverse and complex challenges in new venture formation demand rare and exceptional entrepreneurial acumen, particularly in technology-driven environments where disrupted markets amplify the factors and magnitude of uncertainty and risk. The successful Technology Entrepreneur [term of art for enactors of SKARSE™ (Strategic Knowledge Arbitrage and Serendipity)] is focused yet flexible, demonstrating relentless intensity of purpose while adapting that purpose under changing conditions. The distinguished entrepreneur accurately predicts events and conditions in advance for superior strategic positioning. We find that two terse descriptors-obsessed maniacs and clairvoyant oracles- encapsulate critical attributes conducive to superlative entrepreneurial posture, propensity and performance to anticipate and recognize challenges and convert them into opportunities. In so doing, the entrepreneurs leverage strategic knowledge serendipity factors and practice strategic knowledge arbitrage competences. To investigate our premise, we conduct comprehensive surveys and interviews with 33 founding entrepreneurs, comparatively analyzing their experiences against complementary data sources to develop personal profiles of critical attributes and behavioral characteristics. Employing qualitative analytic techniques, we find the data rich in empirical evidence to support a perspective of entrepreneur as obsessed maniac and clairvoyant oracle, plus many other intrinsic characteristics of personality, motivation, intention, and action that constitute the entrepreneurial actor.
Keywords
innovation management; knowledge management; risk management; strategic planning; SKARSETM; clairvoyant oracles; entrepreneurial actor motivation; entrepreneurial behavior patterns; entrepreneurial posture; market disruption; new venture formation; obsessed maniacs; personality; risk; strategic knowledge arbitrage; strategic knowledge serendipity; strategic positioning; Economics; Innovation management; Interviews; Organizations; Technological innovation; Technology management;
fLanguage
English
Publisher
ieee
Conference_Titel
Technology Management in the IT-Driven Services (PICMET), 2013 Proceedings of PICMET '13:
Conference_Location
San Jose, CA
Type
conf
Filename
6641665
Link To Document