If you ever find yourself jotting down a creative thought or idea before you go to sleep or on the back of a napkin, you’re not alone. Many of us have them—and realistically, most of us won’t have the time or inclination to pursue them.
But for Hart Posen, a professor in the Department of Management and Human Resources and the Richard G. and Julie J. Diermeier Professor in Business at the Wisconsin School of Business, examining how and why entrepreneurs enter the market is as important as the actual innovations themselves.
In a recent paper published in Organization Science, Posen and his co-authors try to understand why so many entrepreneurial ventures end up failing. They find that efforts to enhance nascent entrepreneurs’ learning about the merits of their ideas may help circumvent some of the common mistakes entrepreneurs make early in their journey.Read the full article at: https://wsb.wisc.edu/faculty-research/forward-thinking-faculty-blog/2019/10/07/why-deep-learning-may-hold-the-key-for-early-stage-entrepreneurs