156. Entrepreneurial expertise

In order to understand learning, we need to understand the result of learning - expertise. This is much easier to approach in so-called "kind" domains, such as chess, where the rules are fixed and all information is available. However, there exist more "wicked" domains than this, such as tennis (where your opponent changes each match) or stock market investment (where the world is different each time). How do we study the development of expertise in fields such as these?

Chapter 22 of The Cambridge Handbook of Expertise and Expert Performance, entitled Toward Deliberate Practice in the Development of Entrepreneurial Expertise: The Anatomy of the Effectual Ask, concerns expertise in the art of entrepreneurship. This is a wicked domain par excellence, so much so as to throw into doubt the applicability or at least the generalisability of ideas about expertise from other domains, and yet the Handbook has a chapter approaching this topic, which is commendable. 

In this episode, you will hear about two key concepts that have arisen out of research on expert entrepreneurship - the Effectual vs. Predictive Frame; and the Entrepreneurial Ask. In other words, we will look at what research has to say about successful entrepreneurs' true attitudes vs. the popular conception in the media, and how they develop their skills.

Enjoy the episode.

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