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Title:Probabilistic interpretation of observer effect on entrepreneurial opportunity
Authors:ID Leong, David (Author)
Files:URL https://organizacija.fov.um.si/index.php/organizacija/article/view/916
 
.pdf RAZ_Leong_David_2022.pdf (893,10 KB)
MD5: B9EAE450182D94920368237F2DCE43BE
 
Language:English
Work type:Unknown
Typology:1.01 - Original Scientific Article
Organization:FOV - Faculty of Organizational Sciences in Kranj
Abstract:Background: In quantum mechanics, the observer effect categorically states that observing a phenomenon changes it. This research explores a probabilistic interpretation of entrepreneurial opportunity and explains the observer effect reflecting on Schrödinger’s cat thought experiment. This approach addresses opportunity as a “possibility” concept reinterpreting it from multiple observers’ perspectives and the cruciality of action to cause wave function collapse to an emergent reality. This paper intends to resolve the epistemological paradox and ‘opportunity’ war by re-contextualising opportunity as an artefact and positing it as a probability wave with a range of possibilities until alert entrepreneurs act on it. Method: This conceptual development relies on literature review as a research methodology, using reasoning by analogy for the progress of theory and metaphors for theorisation. Results: This conceptual narrative strengthens the epistemological foundation focused on possibility and probability (illustrated through wave function) to sharpen the definition of opportunity and action theory. The observer effect in opportunity is underexplored in entrepreneurial scholarship. This study features how the observer effect influences the evolving state of opportunity. Opportunity is affected by other observers and the entrepreneur’s imagination, social construction and effort. Each involved agent relates and interacts to give rise to possibilities in opportunities. The interrelations and interdependence are complex, giving rise to superposition with a mixed state with many possibilities. Conclusions: The contribution of this research is manifold from a theoretical and practical level. It presents a quantum-like model where an ‘un-acted’ opportunity is in superposition (multiple possibilities emerging simultaneously until it is enacted), expanding on Ramoglou and Tsang’s (2016) view on propensity. The interactional effects – interfering and entangling between agents observing the same opportunity generate possibilities. The potentiality and the many-possibilities states in the opportunity artefact hold great promise in entrepreneurial research.
Publication date:01.01.2022
Year of publishing:2022
Number of pages:str. 243-258
Numbering:Vol. 55, no. 4
PID:20.500.12556/DKUM-96236 New window
UDC:334.72
ISSN on article:1318-5454
COBISS.SI-ID:162491907 New window
DOI:10.2478/orga-2022-0016 New window
Publication date in DKUM:11.12.2025
Views:160
Downloads:3
Metadata:XML DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Organizacija : revija za management, informatiko in kadre
Shortened title:Organizacija
Publisher:Moderna organizacija
ISSN:1318-5454
COBISS.SI-ID:610909 New window

Licences

License:CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Link:http://creativecommons.org/licenses/by-nc-nd/4.0/
Description:The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.

Secondary language

Language:Slovenian
Title:Probabilistična interpretacija učinka opazovalca na podjetniško priložnost
Abstract:Ozadje: V kvantni mehaniki učinek opazovalca pomeni, da opazovanje nekega pojavale-tega spremeni. Naša raziskava raziskuje verjetnostno interpretacijo podjetniške priložnosti in pojasnjuje učinek opazovalca, ki se odraža v Schrödingerjevem miselnem eksperimentu z mačko v škatli. Ta pristop obravnava priložnost kot koncept »možnosti«, ki jo na novo interpretira z vidika več opazovalcev in ključnega pomena ukrepanja, ki bi povzročilo kolaps valovne funkcije v nastajajočo resničnost. Študija raz,rešuje razrešiti epistemološki paradoks in vojno 'priložnosti' s ponovnim kontekstualiziranjem priložnosti kot artefakta in postavitvijo »vala verjetnosti« z vrsto možnosti, dokler pozorni podjetniki ne začno konkretno ukrepati. Metoda: Naša konceptualna študija se opira na pregled literature kot raziskovalno metodologijo, pri čemer uporablja sklepanje po analogiji za razvoj teorije in metafore za teoretiziranje. Rezultati: Študija krepi epistemološko osnovo, osredotočeno na možnost in verjetnost (ponazorjeno z valovno funkcijo), da izostri definicijo priložnosti in teorije dejanj. Učinek opazovalca v priložnosti je v premalo raziskan akademski podjetniški literaturi. Ta študija prikazuje, kako učinek opazovalca vpliva na razvijajoče se stanje priložnosti. Na priložnost vplivajo drugi opazovalci in podjetnikova domišljija, družbena konstrukcija in trud. Vsak vključen agent se povezuje in sodeluje, da ustvari možnosti in priložnosti. Medsebojni odnosi in soodvisnost so zapleteni, kar povzroča superpozicijo z mešanim stanjem z veliko možnostmi. Zaključki: Prispevek naše raziskave je večplasten tako na teoretični kot praktični ravni. Predstavlja kvantnemu model, kjer je 'neukrepana' priložnost v superpoziciji (hkrati se pojavi več možnosti, dokler ni ena uveljavljena), pri čemer razširja pogled Ramoglouja in Tsanga (2016) na nagnjenost. Interakcijski učinki – vmešavanje in zapletanje med agenti, ki opazujejo isto priložnost, ustvarjajo možnosti. Stanja potenciala in številnih možnosti v artefaktu priložnosti veliko obetajo v podjetniških raziskavah.
Keywords:podjetništvo, kvantna mehanika, teorija


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  1. Organizacija

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