NUS Entrepreneurship Centre Working Papers
Year: 2005
Type: preprint
Study design: Observational Study
Abstract: ABSTRACT This paper presents new empirical evidence on the existence of cognitive divergence among actors in the entrepreneurial ecosystem. These cognitive disjoints among the actors were examined on the 9 entrepreneurial framework conditions (hereinafter referred to as EFCs), which were developed in the GEM (Global Entrepreneurship Monitor) study. The EFCs, which consist of factors such as financial support, government policies, government programmes, education and training, research and development transfer, internal market openness, access to physical infrastructure and culture and social norms were postulated to facilitate the development of new firms or the growth of nascent firms. The actors were selected for their unique knowledge about entrepreneurship from their professional background and career experiences by the respective national teams that participated in the GEM study. Although the actors were chosen to represent the 9 entrepreneurial framework conditions (EFC), efforts were made to select the actors based on 4 distinct groups: policy makers, entrepreneurs, investors, and venture support professionals. Past studies, which were based on institutional and social perception theories have examined the existence of cognitive divergence or perception differences among distinct individuals, groups or clusters, but little is known about the cognitive disjoints among the key players/actors in the entrepreneurial economy. This void in the literature leaves open many questions. Are there significant differences in perception among the key actors of entrepreneurship on the entrepreneurial framework conditions? If there are, in what areas do these perceptions converge and diverge? What are the implications of cognitive divergence among these actors?
Source: SSRN Electronic Journal
Author: Poh Kam Wong
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2188835683