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Entrepreneurial Scripts and Entrepreneurial Expertise: The Information Processing Perspective

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Revisiting the Entrepreneurial Mind

Part of the book series: International Studies in Entrepreneurship ((ISEN,volume 35))

Abstract

Entrepreneurial scripts that represent entrepreneurial expertise enable researchers to begin to map the entrepreneurial mind. This chapter provides a complete demonstration of the steps needed by researchers to uncover the structure and content of the expert script knowledge structures that entrepreneurs utilize and to relate the use of these scripts to substantive organizational and entrepreneurial consequences.

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Notes

  1. 1.

    The above passage is a reordering and repunctuation of a quotation by Albert Baez (1967) used by Tom Stonier in the Prologue to his book Information and the internal structure of the universe, 1990: Springer-Verlag: London.

  2. 2.

    Metarules include the principles of coherence, concretion, least commitment, exhaustion, and parsimony.

  3. 3.

    Construction steps include (1) making categorizations about people and situations, (2) connecting subsequently observed actions with the initial scenario, (3) evaluating congruence between actions and the underlying plan, (4) identifying the plan’s goal, (5) evaluating whether the goal is part of a larger plan or whether it is an end in itself, (6) identifying the goal’s source.

  4. 4.

    Rules of causal syntax include the following: (1) actions and events can result in state changes, (2) states can enable actions and events, (3) states can disable actions, (4) states can initiate mental states, (5) acts can initiate mental states, and (6) mental states can be reasons for actions.

  5. 5.

    Over the history of measurement there has been a wide-ranging discussion concerning formative and reflective indicators. Howell et al. (2007) suggests that the current thinking would support the use of Cronbach’s alpha in this case to be appropriate.

  6. 6.

    We have defined entrepreneurial experts as individuals who have (1) formed three or more businesses, at least one of which is a profitable ongoing entity; (2) formed a (nonlifestyle) business that has been in existence for at least 2 years; (3) experience in a combination of (1) and (2) that indicates a high-level organizational formation knowledge; or (4) career experience indicating high levels of familiarity with organizational formation.

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Authors and Affiliations

  1. Rawls College of Business, Texas Tech University, Lubbock, TX, USA

    Ronald K. Mitchell & Benjamin T. Mitchell

  2. Ivey Business School, Western University, London, ON, Canada

    J. Robert Mitchell

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  1. Ronald K. Mitchell
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  2. Benjamin T. Mitchell
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Correspondence to Ronald K. Mitchell .

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  1. School of Business and Economics, Abo Akademi University, Turku, Finland

    Malin Brännback

  2. School of Business and Economics, Åbo Akademi University, Abo (Turku), Finland

    Alan L. Carsrud

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Mitchell, R.K., Mitchell, B.T., Mitchell, J.R. (2017). Entrepreneurial Scripts and Entrepreneurial Expertise: The Information Processing Perspective. In: Brännback, M., Carsrud, A. (eds) Revisiting the Entrepreneurial Mind. International Studies in Entrepreneurship, vol 35. Springer, Cham. https://doi.org/10.1007/978-3-319-45544-0_11

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