What is it about?
The article looks at how entrepreneurs start with an idea for a business and go on to develop this idea into a business. It examines the way in which we all make sense of things but specifically in the context of how entrepreneurs make sense of things pertaining to ideas for a business venture. This includes who the entrepreneur talks to and engages with as they are working on the ideas for a business venture.
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Why is it important?
This is important work because it is looking at what entrepreneurs are actually doing and thinking during that unknown transition between having an idea and starting up the business venture. We all make sense continually, everyday, and make decisions all the time. If we know more about how entrepreneurs make sense and make decisions then entrepreneurship becomes more acccessible to the average lay person.
Perspectives
I am particularly interested in how we make sense as individuals and give sense to others. I think everyone at some point in time has had an idea to produce something of value and only few choose to pursue that idea and we call them entrepreneurs. If the decision to pursue is linked to how we make sense and rationalise in our minds and in conversation with others then everyone can learn to be more entrepreneurial and that’s the ultimate goal.
Cherisse Hoyte
Coventry University
Read the Original
This page is a summary of: From venture idea to venture formation: The role of sensemaking, sensegiving and sense receiving, International Small Business Journal Researching Entrepreneurship, January 2019, SAGE Publications,
DOI: 10.1177/0266242618818876.
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