On the Interdisciplinary Origin of Entrepreneurial Action and Foresight

Research Paper (postgraduate) from the year 2024 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: This paper delves into the complex realm of entrepreneurial action and foresight, seeking to answer the fundamental question of how entrepreneurs navigate the unpredictable landscape of business. Acknowledging that traditional business economics alone cannot fully address this question, the study embarks on an interdisciplinary journey, drawing insights from personality psychology, biology, genetics, and neurosciences. Through this interdisciplinary lens, the research explores the innate traits and learned competencies that differentiate successful entrepreneurs from others. By synthesizing insights from various disciplines, the study sheds light on why some entrepreneurs possess a greater ability to anticipate future trends and capitalize on opportunities. While recognizing the limitations of such research, particularly in capturing the multifaceted nature of entrepreneurial behavior, the study aims to offer practical implications for assessing entrepreneurial potential in business start-ups and succession planning. Ultimately, the research underscores the importance of shifting focus from traditional business metrics to the individual entrepreneur in understanding and fostering entrepreneurial success.