Impulsive individuals are attracted to uncertain contexts, such as entrepreneurship, and are more likely to act despite this uncertainty. Thus, impulsivity may represent an asset in entrepreneurship. This paper outlines a conceptual framework and develops detailed propositions for the multifaceted influence of impulsivity on entrepreneurial action. Previous literature mostly shows entrepreneurship as a deliberate cognitive process without sufficiently accounting for how uncertainty may influence action. Our paper sufficiently accounts for how uncertainty influences action and moves beyond entrepreneurship as a deliberate cognitive process. In so doing, this paper constitutes a counterweight to the extensive examinations of positive personal attributes in entrepreneurship research. It also suggests a context in which a common trait with strong negative connotations may be advantageous.
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management