Overconfidence in SMEs
Conceptualisations, Domains and Applications
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Beschreibung
This book presents a review of the role of overconfidence in small firms and explores how biased judgment and decision-making can affect business performance. Whilst the overconfidence construct has been studied in detail, there are no systematic reviews of its role in SMEs as of yet. Examining the decisions made by entrepreneurs, this study offers clear solutions on how to improve business accuracy, reduce disadvantageous investments and prevent bankruptcy. Providing an empirical analysis of overconfidence in the sport industry, this new book will not only be of interest to academics of entrepreneurship and small enterprises, but also to sport managers.
Introduces the concept of entrepreneurial and managerial overconfidence
Investigates the detrimental effects of overconfidence in a small business environment
Offers insight into how to avoid overconfidence in managerial contexts
Introduces the concept of entrepreneurial and managerial overconfidence Investigates the detrimental effects of overconfidence in a small business environment Offers insight into how to avoid overconfidence in managerial contexts Includes supplementary material: sn.pub/extras
Autor*in
Anna Invernizzi
Themen in »Overconfidence in SMEs«
sport management business accuracy managerial overconfidence management judgement decision-making entrepreneurs