Towards a Philosophy of Entrepreneurial Decision Making: Understanding the Nature of Innovations within the Framework of the Quantum Multiverse

Speaker

Christian Schade

School of Business and Economics, Humboldt-Universität zu Berlin

Abstract

A novel interpretation of quantum mechanics is briefly presented, the clustered-minds multiverse (Schade 2019). This framework is used to provide a philosophical basis for innovative decision making, the core function of entrepreneurs. Besides providing a first step toward an understanding of the nature of innovations, based on quantum mechanics, implications and research opportunities with respect to entrepreneurial decision making are addressed. Specifically, the talk will look at what can be learned from effectuation for quantum decision making and vice versa; it will also look at some consequences for games, markets, and equilibria in expectations.