When the Heartbeat Quickens Things are Set in Motion: Experiential Learning Processes of Portfolio Entrepreneurs

Katharina Poetz, Marion Poetz

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    Abstrakt

    Portfolio entrepreneurs, i.e., entrepreneurs who simultaneously master multiple businesses, are particularly relevant for the creation of economic value. Portfolio entrepreneurship has thus gained scholarly attention. However, related processes of how portfolios are developed by the entrepreneurs are little investigated. Drawing on experiential learning and affective events theory we carve out learning events from six longitudinal, in-depth case studies of portfolio entrepreneurs operating in the small food processing industry of a developing country to investigate how the processing of events that are experienced as pleasant or unpleasant and with higher or lower levels of arousal influences learning directions and the entrepreneurs - behavior relative to starting, improving, maintaining, and quitting businesses. Findings indicate that affectivity indeed influences learning directions and changes in the entrepreneurs business portfolios. Notably, learning and change are set in motion on the basis of getting aroused by others" success, exposure to modern technologies, and internal management problems. However, some counterintuitive patterns emerged, particularly with regards to portfolio entrepreneurs starting new businesses though they are not particularly engaged, and the role of "side businesses" and "keeping-alive strategies". These patterns are inductively explored in more detail to contribute to a better understanding of entrepreneurial dynamics and growth in general, and how portfolio entrepreneurship unfolds in particular.
    OriginalsprogEngelsk
    Publikationsdato2014
    Antal sider33
    StatusUdgivet - 2014
    BegivenhedThe DRUID Society Conference 2014: Entrepreneurship - Organization - Innovation - Copenhagen Business School, Frederiksberg, Danmark
    Varighed: 16 jun. 201418 jun. 2014
    Konferencens nummer: 36
    http://druid8.sit.aau.dk/druid/registrant/index/login/cid/15

    Konference

    KonferenceThe DRUID Society Conference 2014
    Nummer36
    LokationCopenhagen Business School
    LandDanmark
    ByFrederiksberg
    Periode16/06/201418/06/2014
    Internetadresse

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