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The thermodynamic driving force in entrepreneurship
Journal of King Saud University-Science ( IF 3.8 ) Pub Date : 2024-01-26 , DOI: 10.1016/j.jksus.2024.103109
David Leong

This study explores the thermodynamic underpinnings of venture creation, providing a fresh perspective on entrepreneurship, especially impulsive, non-deliberative actions in seizing opportunities. Thermodynamics clarifies various natural processes and offers insights into entrepreneurial behaviour. Entrepreneurs, driven by profit potential, often take risks under uncertainty. The paper proposes a thermodynamics-based conceptual model, akin to the Bénard cell, to understand how impulsivity influences entrepreneurial decisions amidst rising entropy. It suggests that even minor impulsive actions can significantly affect a venture's success, integrating nonrational behaviour into entrepreneurial theories.



中文翻译:

创业的热力学驱动力

这项研究探讨了创业的热力学基础,为创业精神,特别是抓住机会时的冲动、非深思熟虑的行动提供了新的视角。热力学阐明了各种自然过程并提供了对创业行为的见解。企业家在利润潜力的驱动下,常常在不确定的情况下承担风险。该论文提出了一种基于热力学的概念模型,类似于贝纳德池,用于理解在熵上升的情况下冲动如何影响创业决策。它表明,即使是很小的冲动行为也能显着影响企业的成功,将非理性行为融入到创业理论中。

更新日期:2024-01-30
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