Magdalena Cholakova is an Associate Professor of Strategy & Entrepreneurship in the Department of Strategic Management & Entrepreneurship at the Rotterdam School of Management, Erasmus University. The research lines she is currently pursuing include: Entrepreneurial learning and early-stage idea validation. She studies this topic by using experiments with entrepreneurial and non-entrepreneurial populations, as well as by collecting longitudinal qualitative data from early-stage companies. She also develops conceptual work on the role of different types of counterfactual reasoning in supporting effective entrepreneurial behavior. Institutional complexity and strategic renewal. She focuses on the capacity of individuals within existing organizations to cope with change and pursue successful core innovations. She has addressed this topic by tapping into the microfoundations (cognitive and affective) of institutional complexity, studying how individuals' cognitive complexity affects the extent to which they perceive and respond to conflicting institutional logics differently. Similarly, she has also studied how individuals' ability to engage in both exploration and exploitation behavior can influence the organization's ambidexterity and performance. Her work here is both conceptual and qualitative. Effective decision making heuristics under Knightian uncertainty. She studies this topic in the context of angel investing (using verbal protocol analysis techniques) and crowdfunding (using quasi-experimental techniques). Crowdfunding and the role of pecuniary and non pecuniary incentives in investment decisions. Her work here is based on quasi-experimental techniques. Magdalena holds a PhD in Business Administration and Management from Bocconi University, a MPhil in Organizational Behavior from Trinity College Dublin and a MSc in Statistics from Trinity College Dublin. Her research has been published in the Journal of Management, Entrepreneurship Theory and Practrice Journal, International Journal of Organization Theory and Behavior, and the Entrepreneurship Research Journal. Research Interests: Entrepreneurial Learning, Idea Validation, Cognition, Judgment under Uncertainty; Institutional Logics, Angel and Crowdfund Investing.
Magdalena Cholakova (2013) - Comment on 'Alliance Governance and Performance in SMEs: Matching Relational and Contractual Governance with Alliance Goals' - Entrepreneurship Research Journal, 3 (1), 130-133 - doi: 10.1515/erj-2012-0030
J Hayton & Magdalena Cholakova (2012) - The role of affect in the creation and intentional pursuit of entrepreneurial ideas. - Entrepreneurship Theory and Practice, 36 (1), 41-68 - doi: 10.1111/j.1540-6520.2011.00458.x
Magdalena Cholakova & A Grandori (2019) - Epistemically rational heuristics for judgment under uncertainty.
Magdalena Cholakova & A Grandori (2019) - Angels as scientists – Epistemic heuristics for judgment under uncertainty
Magdalena Cholakova & Joep Cornelissen (2018) - Sailing towards an unknowable future: How different types of factual reasoning support early-stage entrepreneurial idea validation
Magdalena Cholakova, Joep Cornelissen & C Andriopoulos (2017) - What if I do or I don’t, had or had not: The role of prefactual and counterfactual thinking in supporting entrepreneurial reasoning - doi: 10.5465/ambpp.2017.14432abstract
Magdalena Cholakova & Joep Cornelissen (2017) - Being a permanent beta – How different types of factual reasoning support effective opportunity development
Magdalena Cholakova & V Glaser (2017) - Incubating innovation: How organizations design and enact complex clusters of routines
Magdalena Cholakova & A Grandori (2016) - Neither fast, nor frugal and simple: Epistemic heuristics for strategic decision making - doi: 10.5465/ambpp.2016.17713abstract
Magdalena Cholakova & D Ravasi (2014) - On the microfoundations of institutional complexity: Why do some individuals perceive multiple logics as conflicting while others do not?
Magdalena Cholakova & A Grandori (2014) - Neither biasing, nor frugal: Complex heuristics for Innovative Strategic Decision Making
Magdalena Cholakova (2013) - Evaluation under uncertainty: Does following the ‘what if’ path foster entrepreneurial thinking?
Magdalena Cholakova & B Clarysse, (2013) - Does the possibility of making equity investments in crowdfunding projects crowd out our pro-social motivation?
Magdalena Cholakova (2012) - Imagining future entrepreneurial opportunities: When does it hurt to keep ourselves in the frame?
Magdalena Cholakova (2012) - Too dear to be too clear: The role of emotional attachment and reappraisal in evaluating novel ideas.
Magdalena Cholakova & A Grandori (2012) - Effective heuristics for decisions under uncertainty: Lessons from angel investing.
Magdalena Cholakova (2011) - Integrated Differentiation: A cognitive and affective perspective to risky decision making
Magdalena Cholakova & J Hayton (2010) - The role of affect in entrepreneurial opportunity recognition and evaluation.
Magdalena Cholakova & M Fellenz (2010) - Avoiding an early escape: The role of self-concept clarity in coping with negative change events.
Magdalena Cholakova & M Fellenz (2009) - Cognition and change: The role of self-unity, complexity and need for structure in coping and identity negotiation
Magdalena Cholakova (2008) - An individual or an interpersonal chameleon: Which personality factors support coping with identity change in organizations?