Treffer: Outliers by Accidents: Extending Von Briel et al.’s Theory of External Enablement Through Stochastic Processes.

The article focuses on extending the theory of external enablement proposed by von Briel, Davidsson, and Recker, particularly in the context of extreme firm growth during societal crises. It critiques the original framework for underestimating the role of stochastic processes, such as stochastic emergence and survivorship bias, which can significantly influence entrepreneurial outcomes. The authors argue that a probabilistic approach, rather than a deterministic one, is necessary to account for the unpredictable nature of success and failure in entrepreneurship, emphasizing the importance of analyzing both successful and unsuccessful ventures to gain a comprehensive understanding of the factors that contribute to firm growth. [Extracted from the article]

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