Learning is about putting an end to failing to learn from experiences. Failing, however, is most crucial for experience-based learning. Are you confused? Daniel Hjorth will bring light to questions related to failing and learning, such as:
How should we relate to failure and experience in entrepreneurship learning?
If new knowledge is incompatible with prior learning – and prior learning is a precondition for understanding what is new – then what is the basis for building new knowledge?
In what way can learning be understood as an entrepreneurial process?
Kelly Shaver’s part of the lecture concerns the process of knowledge transfer from the individual to the new entrepreneurial firm. He says that most of the characteristics that describe a person do not transfer well to descriptions of a new company. Knowledge, however, does transfer, and the resource-based-view of the young firm suggests how such knowledge might contribute to competitive advantage.