Uncertainty in Entrepreneurial Decision Making: The Competitive Advantages of Strategic Creativity

Uncertainty in Entrepreneurial Decision Making: The Competitive Advantages of Strategic Creativity
ISBN-10
1137460792
ISBN-13
9781137460790
Category
Business & Economics
Pages
219
Language
English
Published
2016-04-29
Publisher
Springer
Authors
Panagiotis E. Petrakis, D. Konstantakopoulou

Description

Uncertainty in Entrepreneurial Decision Making fills an existing gap in understanding three key concepts of business management: entrepreneurship, uncertainty, and strategy. By extending the impact of uncertainty on entrepreneurship and the role of strategy in reducing uncertainty, Petrakis and Konstantakopoulou emphasize that uncertainty can be converted into creative advantage. Given that the business environment is changing both very quickly and very often, any wrong decisions taken can lead to devastation. This exciting new volume explains the reasons why we cannot see the complete the future and our position in it. This uncertainty affects entrepreneurship and how it can be turned into a competitive advantage for businesses sustainability.

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