Category: Cognitive Diversity

  • Research: Accelerator expertise and Entrepreneurship

    https://twitter.com/kshtriya/status/1222242341291020288

    This study “Accelerator expertise: Understanding the intermediary role of accelerators in the development of the Bangalore entrepreneurial ecosystem” looked at the intermediary role of accelerators in the developing regional entrepreneurial ecosystem of Bangalore.
    Researchers Suresh Bhagavatula, Ketan Goswami and J. Robert Mitchell analyzed data from 54 interviews with accelerator graduates, accelerator managers, and other ecosystem stakeholders and from 49 websites, 13 online video interviews, 26 online news sources, and 301 pages of policy documents.
    They adopted a socially situated entrepreneurial cognition approach to theorize how accelerator expertise,

    • Existing at a meso‐level,
    • Intermediates between (micro‐level) founders and the (macro‐level) ecosystem.

    In this model researchers focused on four different types of accelerator expertise :

    • connection
    • development
    • coordination
    • and selection

    which together increase stakeholders’ commitment to the entrepreneurial ecosystem, leading to venture validation (success or failure) and ecosystem additionality.


    The findings indicate that accelerators contribute to ecosystems in a way that is distinct from, but supportive of, building individual ventures.

  • Tweet: Entrepreneurship and Cognitive Diversity.

  • Tweet: How Twitter Users Can Generate Better Ideas ?

  • Tweet: Effects of Intercultural Friendships and Romantic Relationships on Creativity, Workplace Innovation, and Entrepreneurship

    This research investigated whether close intercultural relationships promote creativity, workplace innovation, and entrepreneurship— outcomes vital to individual and organizational success.
    The study used:

    • multiple methods (longitudinal, experimental, and field studies),
    • diverse population samples (MBA students, employees, and professional repatriates),
    • and both laboratory and real-world measures.
    1. Study 1: Using a longitudinal design over a 10-month MBA program, Study 1 found that intercultural dating predicted improved creative performance on both divergent and convergent thinking tasks.
    2. Study2: Using an experimental design, Study 2 established the causal connection between intercultural dating and creativity: Among participants who had previously had both intercultural and intracultural dating experiences, those who reflected on an intercultural dating experience displayed higher creativity compared to those who reflected on an intracultural dating experience. Importantly, cultural learning mediated this effect.
    3. Study3: Revealed that the duration of past intercultural romantic relationships positively predicted the ability of current employees to generate creative names for marketing products, but the number of past intercultural romantic partners did not.
    4. Study4: Analyzed an original dataset of 2,226 professional repatriates from 96 countries who had previously worked in the U.S. under J-1 visas: Participants’ frequency of contact with American friends since returning to their home countries positively predicted their workplace innovation and the likelihood of becoming entrepreneurs. Going out with a close friend or romantic partner from a foreign culture can help people “go out” of the box and into a creative frame of mind.
  • Tweet: Cognitive Diversity (updated)

     

     

     

  • Tweet: How domain experts react to technology ?

     

    The above article analyzes the job skill outlook report by World Economic Forum named “The Future of Jobs Report 2018” .

    My tweet include two things.

    The predictions done by various experts and the reaction from domain experts are both problematic because of the complex nature of modern problems.

     
    He collected 82,000 forecasts against real-world outcomes from nearly 300 academics, economists, policymakers and journalists.
     
     
    In his seminal 2006 book Expert Political Judgment he presented crucial findings of this study.
     
    Tetlock asked a group of pundits and foreign affairs experts to predict geopolitical events, like whether the Soviet Union would disintegrate by 1993.
     
    Overall, the “experts” struggled to perform better than “dart-throwing chimps”, and were consistently less accurate than even relatively simple statistical algorithms.
     
    This was true of liberals and conservatives, and regardless of professional credentials.
     
    However, Tetlock found one particular type of thinking that produced much better prediction.
     
    The experts who considered multiple explanations and balance them(average) together before making a prediction functioned better than those who relied on a single perspective.
     
    Tetlock called the first group foxes( Multiple perspectives) and,
     
    the second group hedgehogs( single perspective)