The Entrepreneurial Narrative
Amar Bhide explains how the entrepreneurial process relies on narrative rather than probabilistic reasoning. He emphasizes the importance of a reasonable story and emotional conviction in determining the potential success of a business venture. Bhide also challenges the notion that engineers solely rely on mathematical reasoning.In this clip
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EconTalk
Amar Bhide on Outsourcing, Uncertainty, and the Venturesome Economy
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