177
views
0
recommends
+1 Recommend
1 collections
    0
    shares

      If you have found this article useful and you think it is important that researchers across the world have access, please consider donating, to ensure that this valuable collection remains Open Access.

      Prometheus is published by Pluto Journals, an Open Access publisher. This means that everyone has free and unlimited access to the full-text of all articles from our international collection of social science journalsFurthermore Pluto Journals authors don’t pay article processing charges (APCs).

       
      • Record: found
      • Abstract: found
      • Article: found
      Is Open Access

      Mindsets, mind sets and mind sense

      research-article
      Prometheus
      Pluto Journals
      Bookmark

            Abstract

            This paper theorises that a person's mindset is a commonplace trait that has an impact in economic systems. A mindset contrasts with other theoretics which use choice and information sets to limit the economic actor's decision-making by focusing on the description of a person's knowledge rather than on available options. The persistent way a person thinks about the world influences their treatment of information and further development of knowledge. The mindset concept accommodates the complexity of individuals and their idiosyncrasies, whereas a standard economic approach simplifies these characteristics. In this paper, Lamberton's discussion of mindsets is extended from information sharing, cultural embeddedness and lock-in to the necessity of a mindset held by each person, change in a person's knowledge and the impact on groups of people. Instead of being a statement about the limited capacity of a person to think, a mindset is a consequence of history and the build-up of knowledge through disjointed experiences. It is argued that a mindset does not necessarily restrict a person to set economic activity, but instead preserves wider economic structures. Through some examples of mindsets, such as the entrepreneurial mindset, this discussion moves away from the acquire-then-use understanding of how people use information towards an economic person with a mind sense constructed through situated learning.

            Content

            Author and article information

            Contributors
            Journal
            10.2307/j50022063
            prometheus
            Prometheus
            Pluto Journals
            0810-9028
            1470-1030
            1 December 2015
            : 33
            : 4 ( doiID: 10.1080/prometheus.33.issue-4 )
            : 411-420
            Affiliations
            Australian Centre for Sustainable Business and Development, University of Southern Queensland, Toowoomba, Queensland, Australia
            Article
            08109028.2016.1199379
            10.1080/08109028.2016.1199379
            dce3a3e8-0099-49aa-a3d7-2fae9905baeb
            © 2015 Pluto Journals

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            Custom metadata
            eng

            Computer science,Arts,Social & Behavioral Sciences,Law,History,Economics

            Notes

            1. The Vygotskian concepts of the zone of proximal development (ZPD) and of ontogenesis show how people are influenced when learning through their previous knowledge and their current cultural situatedness (see Cole, 1996).

            2. The author is indebted to Geoffrey Jones for this insight.

            Comments

            Comment on this article