What are the key factors that influence entrepreneurs' decision-making? | 5 Answers from Research papers (2024)

The key factors that influence entrepreneurs' decision-making are attention, memory, thinking, emotion, and sentiment, according to the paper.

The key factors that influence entrepreneurs' decision-making are personality factors and contextual elements, according to the paper.

The key factors that influence entrepreneurs' decision-making are environmental uncertainty, entrepreneurial experience, organizational slack, and centralization of decision-making factors.

The key factors that influence entrepreneurs' decision-making, according to the paper, include entrepreneurial education, family background, entrepreneurial ecosystem, knowledge, social valuation, opportunity perception, attitude, business performance, and purposeful entrepreneurial competence.

The paper discusses how behavioural economics can influence entrepreneurs' decision-making through reference dependence, endowment effects, mental accounting, heuristic techniques, and prospect theory.

What are the key factors that influence entrepreneurs' decision-making? | 5 Answers from Research papers (2024)
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