How the lack of immediate feedback effects entrepreneurial learning and what is it mean to be learning in entrepreneurship ??
What are the similarities and differences between pattern recognition in sports and entrepreneurship ? What about emergent patterns which are unknown ? How is the lack of immediate feedback affect entrepreneurial learning ? https://t.co/fnBdptfccn
The study concluded the domain-specific nature of the deliberate practice.
• Games: practice made for a 26% difference.
• Music: 21% difference.
• Sports: 18% difference.
• Education: 4% difference.
• Professions: 1% difference.
The pattern here is clearly “regularity of environment” without massive variabilities. Regularities will result in conditions conducive to skill development.
According to Nobel winning behavioral economist( psychologist) Daniel Kahneman “Acquisition of skills requires a regular environment, an adequate opportunity to practice, and rapid and unequivocal feedback about the correctness of thoughts and actions.”
The more stable the conditions are, the more easy and effective deliberate practice will be.
But in situations like Entrepreneurial ventures, the conditions and environment will change very fast. It is also dependent on massive amount of unpredictable variability of macro factors like government policy, climate, investors, competitors, etc.
Do we really need to coursify things which we may have natural inclination to learn, Killing the intrinsic M with something extrinsic.
Or a certificate(signifier) will lead to Looking-glass self, Makes me think systematically like a philosopher or Social Scientist. https://t.co/vnmfOtAMuU
In the discussion of education and its purpose there are often two predominant paradigms; The Human Capital Theory and The Signaling Theory.
Human capital theory claims that education will stimulate social mobility and raises wages by increasing productivity.
The signalling perspective on education suggests that education causes social mobility because it signifies the competence to the employers or other decision makers. It suggests that the asymmetric information in job market causes the decision maker to look for most trustworthy attributes of the job seeker. That is why getting into a top college sends an stronger positive signal.
What’s intriguing to me about this is, while the signaling power of certification is very evident, could it negatively affect real learning( not learning for the achievement of grades).
Will it negatively impact the individuals learning motivation in the post credential life when there are no extrinsic motivation of a certification is available.
There is phenomena called Motivation crowding out in psychology, which suggest that providing extrinsic incentives for certain kinds of behavior, such as promising monetary rewards for accomplishing some task,. can sometimes undermine intrinsic motivation for performing that behavior.
Edward Deci(creator ofSelf Determination Theory), researcher at the University of Rochester, found that people given a financial incentive were now less interested in solving puzzles on their own time. Although these people had earlier been just as eager as those in the other group, offering an external incentive seemed to kill their internal drive.
They previously thought of the puzzle as something they really enjoy and like to do, but after introducing extrinsic rewards they do it in order to get money, and they think of the task as an instrument to get money and not an activity that has value in its own right.
I was always intrigued by the Chicken and egg problem in networking. Ie Networking can help you accomplish great things by connecting with people, But Accomplishing great things helps you develop a network. Whats your personal take ?https://t.co/UxN2j1f5BS
Clarity about what we want is very important in leveraging networks , In your case you knew what you want and everybody else knew. This is a nice video explaining that aspect. https://t.co/9DEfkYvny2
Yes agree 100%. Another way is to work hard to make our friends succeed, So that we can tap into his network later. But nothing can beat a group of powerful people joining together like the Paypal Mafia, Leveraging the accumulated networks and resources in focused organized way.
Yes, in my PhD thesis I re-discovered and extended this; was first published by Adriaan de Groot (leading 20th c. Dutch psychologist and chess master), Herbert Simon, and William Chase; also Fernand Gobet (strong chess playing cognitive psychologist) has done key studies on this
This study looked at the findings of studies done byAnders Ericsson et al which proposed that expert performance reflects a long period of deliberate practice rather than innate ability, or “talent”.
So study showing the memory of chess players being local to the game is true? But scoring high in an arbitrary IQ test is universal. Like to know why it is so @cfchabris ? @sbkaufman
Ulrich Boser is the founder of The Learning Agency Lab, and an expert on learning. He is the author of “Learn Better,” which examines the new science of learning and was listed as Amazon’s “best science book of the year.”
“There are ways of learning that may feel less effective and lead to more errors during the learning process, but that lead to better performance in the long term.” https://t.co/hrQltQ67pg
The concept of “desirable difficulties” was developed by Robert Bjork of UCLA. In his research, he noticed various kinds of experimental phenomena which indicated the emergence of 2 predominant patterns in learning.
They are:
Conditions of instruction or practice (learning) that make performance improve rapidly often fail to support long term retention and transfer. Whereas,
Conditions of instruction or practice(learning) that appear to create difficulties for the learner, slowing the rate of apparent learning, often optimizes long term retention and transfer.
The first one accelerates the learning(Or speeds up learning), the second one slows down learning by introducing difficulties that benefit long term retention and transfer. These difficulties are what Robert BJORK Calls Desirable difficulties.
{Retention means having the information stored in long-term memory in such a way that it can be readily retrieved. Transfer refers to learning in one context and applying it to another.}
The difficulties in the latter category are called desirable difficulties because they enhance the very goal of learning, ie retention and transfer. They are difficulties because they pose challenges and they slow down the rate of performance.
I think rich language and rich language exposure can result in indirect cultivation of mental faculties which are prima facie alien to the intended use of language
Some languages use more rich Spacio Navigation words and frequency;
Rich communities use more abstract language, watch Tv shows, read fiction.
“Once reward contingencies are learned, dopamine is less about reward than about its anticipation. The pleasure is in the anticipation of reward, and the reward itself is nearly an afterthought (unless, of course, the reward fails to arrive,) “
Robert Sapolsky, professor of biology and neurology at Stanford University, compares dopamine levels in monkeys and humans. Sapolsky argues that in both, “Dopamine is not about pleasure, it’s about the anticipation of pleasure. It’s about the pursuit of happiness.”
Kardashian Network Effect: Cross promotion platform built by multiple mutually reinforcing social media accounts that cross-promote each other, where users can primarily engage with the character they like, but are exposed to others over time.@andrewchenhttps://t.co/wfS6XoNaYY
Network effect is a phenomenon whereby increased numbers of people or participants improve the value of a good or service. This is particularly true in information technology industries where “winner-take-all is a norm.
Network effect is the reason why companies like PayPal, Microsoft, Facebook, Uber, Twitter, Salesforce, etc become most impactful and significant companies in the world.
Social network effects work through psychology and the interactions between people. Networks are nodes and links. There is an unseen network among people, where our physical bodies are the nodes, and our words and behaviors with each other are the connections. These are the original networks if you will.
This natural network effect will be formalized and multiplied by social media products like Facebook, Twitter, etc.
In Kardashian’s case, one network is supplemented by others network in reciprocity, and each of these networks are providing an accumulated advantage to all participants.