Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-26424
Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Blinded by a social cause? : differences in cognitive biases between social and commercial entrepreneurs
Authors: Hietschold, Nadine
Vögtlin, Christian
et. al: No
DOI: 10.1080/19420676.2021.1880466
10.21256/zhaw-26424
Published in: Journal of Social Entrepreneurship
Volume(Issue): 13
Issue: 3
Page(s): 431
Pages to: 452
Issue Date: 2021
Publisher / Ed. Institution: Routledge
ISSN: 1942-0676
1942-0684
Language: English
Subjects: Social entrepreneurship; Entrepreneurial cognition; Cognitive bias; Overconfidence; Escalation of commitment; Illusion of control
Subject (DDC): 658.4: Executive Management
Abstract: How are social entrepreneurs different from commercial entrepreneurs? This study sheds light on this issue by applying the perspective of entrepreneurial cognition and by arguing that social entrepreneurs are even more susceptible to cognitive biases than commercial entrepreneurs. The empirical study of 205 Swiss entrepreneurs could confirm that social entrepreneurs tend to be more overconfident and prone to escalation of commitment than commercial entrepreneurs, while the study found no differences for illusion of control. The findings indicate that cognitive biases are an important puzzle piece to understand the differences between social and commercial entrepreneurs.
URI: https://digitalcollection.zhaw.ch/handle/11475/26424
Fulltext version: Published version
License (according to publishing contract): CC BY-NC-ND 4.0: Attribution - Non commercial - No derivatives 4.0 International
Departement: School of Management and Law
Organisational Unit: Center for Corporate Responsibility (CCR)
Appears in collections:Publikationen School of Management and Law

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Hietschold, N., & Vögtlin, C. (2021). Blinded by a social cause? : differences in cognitive biases between social and commercial entrepreneurs. Journal of Social Entrepreneurship, 13(3), 431–452. https://doi.org/10.1080/19420676.2021.1880466
Hietschold, N. and Vögtlin, C. (2021) ‘Blinded by a social cause? : differences in cognitive biases between social and commercial entrepreneurs’, Journal of Social Entrepreneurship, 13(3), pp. 431–452. Available at: https://doi.org/10.1080/19420676.2021.1880466.
N. Hietschold and C. Vögtlin, “Blinded by a social cause? : differences in cognitive biases between social and commercial entrepreneurs,” Journal of Social Entrepreneurship, vol. 13, no. 3, pp. 431–452, 2021, doi: 10.1080/19420676.2021.1880466.
HIETSCHOLD, Nadine und Christian VÖGTLIN, 2021. Blinded by a social cause? : differences in cognitive biases between social and commercial entrepreneurs. Journal of Social Entrepreneurship. 2021. Bd. 13, Nr. 3, S. 431–452. DOI 10.1080/19420676.2021.1880466
Hietschold, Nadine, and Christian Vögtlin. 2021. “Blinded by a Social Cause? : Differences in Cognitive Biases between Social and Commercial Entrepreneurs.” Journal of Social Entrepreneurship 13 (3): 431–52. https://doi.org/10.1080/19420676.2021.1880466.
Hietschold, Nadine, and Christian Vögtlin. “Blinded by a Social Cause? : Differences in Cognitive Biases between Social and Commercial Entrepreneurs.” Journal of Social Entrepreneurship, vol. 13, no. 3, 2021, pp. 431–52, https://doi.org/10.1080/19420676.2021.1880466.


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