Decision Making in Entrepreneurship
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Decision Making in Entrepreneurship

Selected Joint Papers of Dean A. Shepherd

Dean A. Shepherd

In this volume, Dean Shepherd focuses on the varying topics of entrepreneurship unified through conjoint analysis. Although the topic of entrepreneurial decision making is broad, in doing so, he reveals the mechanisms that come into play during the entrepreneurial decision-making process.
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Chapter 10: MBA Admission Criteria and an Entrepreneurial Mind-Set: Evidence from "Western" Style MBAs in India and Thailand

Dean A. Shepherd, Evan J. Douglas and Jason R. Fitzsimmons


We investigate the assessments of career attractiveness by 283 MBA students from India and Thailand, to use GMAT and work experience to explain variance in mind-sets that have previously been associated with successful managers. The fast-moving global economy requires managers to have an entrepreneurial mind-set, yet we find that MBA students with higher GMAT scores have career mind-sets that are more averse to work effort and to risk, and therefore, the GMAT may discriminate against applicants with a greater propensity to behave entepreneurially.

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