Adjusting the Sails: Investigating the Feedback Loop of the Opportunity Development Process in Entrepreneurship Training

Autor:	Fokko-Jelto Eller, Jesus Yeves, Yaneli Cruz Alvarado, Michael Marcus Gielnik, Ofelia A. Guerrero
Rok vydání:	2022
Předmět:	Business psychology Organizational Behavior and Human Resource Management Entrepreneurship Process management Computer science Process (engineering) Training evaluation Feedback loop Training (civil) Experiential learning Education Work (electrical) Action learning
Zdroj:	Eller, F-J, Gielnik, M M, Yeves, J, Alvarado, Y C & Guerrero, O A 2022, ' Adjusting the Sails : Investigating the Feedback Loop of the Opportunity Development Process in Entrepreneurship Training ', Academy of Management Learning & Education, vol. 21, no. 2, pp. 209-235 . https://doi.org/10.5465/amle.2020.0041
ISSN:	1944-9585 1537-260X
DOI:	10.5465/amle.2020.0041
Popis:	Why does entrepreneurship training work? We argue that the feedback loop of the opportunity development process is a training element that can explain the effectiveness of entrepreneurship training. Building on action regulation theory, we model the feedback loop as a recursive cycle of changes in the business opportunity, goals, performance outcomes, and feedback. Furthermore, we hypothesize that error orientation and monitoring can strengthen or weaken the cycle, and that going through the feedback loop during training explains short- and long-term training outcomes. To test our hypotheses, we collected data before, during, and after an entrepreneurship training program. Results support our hypotheses, suggesting that the feedback loop of the opportunity development process is a concept that can explain why entrepreneurship training is effective.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::7785c8b63613bb301af6dc06a1196971 https://doi.org/10.5465/amle.2020.0041 Zobrazit plný text záznamu Plný text ve formátu PDF