Founders play an essential role in entrepreneurial decision-making not only because they are sometimes the only human resource that a new venture has, but also because founders often feel personally responsible for the new venture. Consequently, entrepreneurs’ cognitive-affective attributes, biases, background, and psychological well-being affect risk perceptions, preferences, decisions, and firm performance. In this study, we aim to investigate which are the cognitive-affective attributes and biases that can affect pivot decisions. Pivots are deemed as one of the most common and crucial decisions that can determine the new ventures’ fate. We performed a literature review and assessed this body of research following a two-staged process. First, from the literature review, we identify which cognitive attributes and biases affect entrepreneurial decisions. Second, we analyzed these cog...