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Uncertainty in Entrepreneurial Decision Making

The Competitive Advantages of Strategic Creativity

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  • © 2015

Overview

Authors:
  1. Panagiotis E. Petrakis
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  2. Dimitra P. Konstantakopoulou
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Table of contents (12 chapters)

  1. Front Matter

    Pages i-x
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  2. The State of the Future

    1. Front Matter

      Pages 1-1
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    2. The Unknown Future

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 3-16

    3. The Inevitable Trends: Returns and Uncertainty

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 17-31

    4. How Will the Future Be Shaped?

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 33-41

  3. Future Entrepreneurship and Competitive Advantage

    1. Front Matter

      Pages 43-43
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    2. Entrepreneurship Opportunities and Future Competitive Advantage

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 45-58

    3. Entrepreneurship under Uncertainty

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 59-74

    4. Entrepreneurial Behavior and Foresight

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 75-93

    5. Entrepreneurial Decisions under Uncertainty

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 95-109

    6. Strategy for Future Competitive Advantage

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 111-125

  4. Creative Strategic Scenario Thinking (CSST)

    1. Front Matter

      Pages 127-127
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    2. Futuring and Visioning as Strategic Instruments for Predicting the Future

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 129-140

    3. Strategic Scenario Thinking

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 141-153

    4. Scenarios Under High Uncertainty and Low Returns

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 155-166

    5. Creative Strategic Scenario Thinking under High Uncertainty and Low Nominal Returns

      • Panagiotis E. Petrakis, Dimitra P. Konstantakopoulou
      Pages 167-184

  5. Back Matter

    Pages 185-219
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Keywords

About this book

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.

About the authors

Author Dimitra P. Konstantakopoulou: Dimitra Konstantakopoulou is Researcher at the National and Kapodistrian University of Athens, Greece. She obtained a Ph.D. in Business Administration from the Athens University of Economics and Business, Greece. Her main fields of interest focus on business strategy, conflict management, and organizational effectiveness, on which she has conducted several studies.

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