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Engineers in development projects have to deal with a variety of cognitive challenges, especially in the process of problem solving. These requirements are often opposing. For example, the resulting product should become more cost-efficient and at the same time more powerful. The process of coping with various and often opposing requirements in product development resembles cognitively the simultaneous...
Innovation and engineering creativity are highly sought after skills. Unfortunately, little guidance exists for developing and teaching these critical skills. Physical representations ranging from simple, very rough models to full working prototypes are common within the design process and are a likely tool for supporting innovation. There are varied and conflicting recommendations on when physical...
Several psychological factors influence the choices of entrepreneurs' strategy in entrepreneurial risk decision-making. The main work of this paper is to explore these psychological factors. Based on the related researches, a causality graph is drawn. Therefore, the formation mechanisms and the interactive laws of individual's opportunity perception bias (OPB) and risk perception bias (RPB) in entrepreneurial...
Social capital and cognition are crucial to opportunity identification in entrepreneurship. But there is a vast theoretical and empirical literature that poses the question of why some exploit opportunities and some do not. The possible reason lies in entrepreneurpsilas cognitive bias. Based on the work of Carolis and Saparito, we use 177 samples to test the relationship between social capital and...
Modularity is the key way of innovation and mass customization, and it is the process of decomposition and integration of whole object in logic. The situation of modularity is in a middle section of the complexity continuum. While study modular innovation in service product and process, we found there are many fields employed modularity, such as economics, psychology, design, and production, etc....
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