Alexander Fust
Title
Dr.
Last Name
Fust
First name
Alexander
Email
alexander.fust@unisg.ch
ORCID
Phone
+41 71 224 71 44
Web Site
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Item type:Publication, Two Tales of Uncertainty: Calibrating Overprecision With Self‐Regulated Entrepreneurial LearningEntrepreneurial success strongly depends on decision-making under uncertainty. Uncertainty is particularly pronounced whenentrepreneurs are confronted with novel situations characterized by an absence of information. While cognitive biases, such asoverprecision, can have a negative impact on decision-making processes by distorting information-processing, self-regulatedentrepreneurial learning (SREL) has been found to be beneficial when navigating the uncertain entrepreneurial environment,but its potential to calibrate overprecision remains unclear. This study addresses this gap by investigating whether an SREL in-tervention can calibrate overprecision, a highly detrimental form of overconfidence in entrepreneurshipType:journal articleJournal:Strategic ChangeScopus© Citations 1 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Mit dem SREL-Training unternehmerische Selbstkompetenzen entwickeln(ÖBV Pädagogischer Verlag, 2022) ;Büker, Ronja; ; ; Type:journal articleJournal:Erziehung und Unterricht : österreichische pädagogische ZeitschriftVolume:172Issue:5/6 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Book and media review. The Entrepreneurial Learning Journey and Back Again. Conversations with Entrepreneurship Educators
from around the World by Birgitte WraaeType:journal articleJournal:The Learning OrganizationVolume:29Issue:6 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, From entrepreneurial experience to expertise: A self-regulated learning perspectiveEntrepreneurial experience alone may not necessarily guarantee venture success. Some entrepreneurs develop into experts through learning from their experiences, whereas others fail to do so. To explain the missing link between experience and expertise, we introduce a social-cognitive model of self-regulated entrepreneurial learning (SREL) to demonstrate how entrepreneurial expertise can be systematically developed to increase the probability of entrepreneurial success. We identify key self-regulatory learning processes essential to entrepreneurial learning by developing propositions and related practice-oriented applications of the SREL model for entrepreneurs.Type:journal articleJournal:Journal of Small Business Management - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Experiential or Self-Regulated Learning: A Critical Reflection of Entrepreneurial Learning ProcessesResearch on entrepreneurial learning highlights the importance of experience and prior knowledge to entrepreneurial success. However, a conundrum remains and we are still seeking answers as to why some novice entrepreneurs learn successfully from their experiences and succeed, while some experienced entrepreneurs fail with their ventures. In order to advance the discussion about the role of experience during entrepreneurial learning, our critical reflection aims to (1) highlight some of the shortcomings of experiential learning theory (ELT) and (2) illustrate how alternative theoretical perspectives have the potential to advance our conceptual understanding of entrepreneurial learning processes. We argue for an explanation of entrepreneurial learning as a dynamic and self-regulated process that relies on planning, monitoring, and self-reflection.Type:journal articleJournal:Entrepreneurship research journal : ERJVolume:8Issue:2Scopus© Citations 34 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Exploration and Exploitation in Established Small and Medium-sized Enterprises: The Effect of CEOs' Regulatory Focus(Elsevier Science Publ., 2015-07-01); ; ; Based on theory of regulatory focus and organizational ambidexterity, we hypothesize that the level of engagement in exploration and exploitation in a small or medium-sized enterprise (SME) is affected by the respective CEO's chronic regulatory focus. In our analysis of survey responses from CEOs in Switzerland, we find that the CEO's level of promotion focus positively affects the firm's engagement in both, exploration and exploitation, while the CEO's prevention focus is negatively associated with the firm's exploration but not significantly related to its exploitation. The positive associations between a CEO's promotion focus and the firm's exploration/exploitation activities are enhanced under conditions of intense competition.Type:journal articleJournal:Journal of Business VenturingVolume:30Issue:4Scopus© Citations 207 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Kundeninteraktionen und der Neuigkeitsgrad von Opportunitäten : Eine unternehmerische Perspektive auf die Frühphase des InnovationsprozessesType:journal articleJournal:Zeitschrift für KMU und EntrepreneurshipVolume:59Issue:2 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, "Unternehmerische Strategien" versus "Strategic Entrepreneurship" : Zukunftsperspektiven für die unternehmerisch-strategische Forschung und PraxisType:journal articleJournal:ZfKE Zeitschrift für KMU und EntrepreneurshipVolume:59Issue:3 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Self-Regulated Entrepreneurial Learning: Scales Development and Validation(Academy of Management, 2026-07-17); ; ;Jenert, TobiasWinkler, ChristophSuccessfully navigating uncertainty is a challenge for entrepreneurs that demands adaptive and dynamic learning processes. Self-regulated learning (SRL) provides a framework for such adaptability, yet its application to entrepreneurship (SREL) remains underexplored. This study introduces a novel SREL framework and develops three empirically validated scales aligned with the SRL phases of forethought, performance, and self-reflection. Each scale captures cognitive, metacognitive, and motivational dimensions. Tested in the U.S. and validated in Europe, Africa and Asia, the scales provide a robust tool for assessing entrepreneurial learning, advancing entrepreneurship education, and empowering entrepreneurs to grow continuously.Type:conference paperJournal:Academy of Management ProceedingsVolume:2026Issue:1 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Fostering Self-Regulated Entrepreneurial Learning (SREL) in Entrepreneurship Education: An Entrepreneurship Training for Nascent Entrepreneurs(2023-08-07); ;Tobias Jenert; ;Ronja BürkerEntrepreneurship education is moving continuously towards learner-centered approaches. We seek to contribute to this development by introducing the concept of self-regulated entrepreneurial learning (SREL) to support nascent entrepreneurs to better deal with uncertainty and in developing expertise. Additionally, we propose a blueprint of an entrepreneurship training fostering SREL. Using a quasi-experimental design, we compare the effects of our SREL training with two different venture development workshops. This research demonstrates that participation in our training increased the SREL capabilities of nascent entrepreneurs significantly. In contrast, the venture development workshops did not result in any SREL effects.Type:conference paper