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A causation approach implies that entrepreneurs focus on a predefined goal and then aim to find the means to reach this goal. An effectuation approach implies that entrepreneurs focus on the means at hand, which they aim to materialize into one or more goals that were not necessarily predefined.
In contrast to this an “effectual” entrepreneur is not committed to a particular product or goal, but only to the desire to run an enterprise. Instead of ...
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"Effectuation" is a new approach to explain the success or failure of entrepreneurs. In contrast to the traditional "causation" approach the entrepreneur is ...
Causal thinking is much more structured, whereas Effectual thinking is more creative and exploratory. Most people can think both ways, but the startup ...
Recent research into effectuation and effectual logic show that entrepreneurs think and make decisions dramatically different than typical enterprise managers.
Feb 1, 2019 · Causal thinkers have a goal and objectively assess their resources, by which they plot out plan to reach their goal. Effectual thinkers do not ...
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Nov 18, 2020 · This study aimed to examine which entrepreneurial competencies characterize entrepreneurs working in entrepreneurial teams, to verify them with ...
entrepreneurs who employ effectual and causal behaviors concurrently have advantages over entrepreneurs who favor one or the other, and under what ...
Apr 14, 2020 · Effectual thinking, in contrast, sees entrepreneurs start new ventures by beginning with their means: who I am, what I know, and whom I know.
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This paper gathers and reviews published empirical or theoretical articles in which the entrepreneurial logics of causation and effectuation, coined by ...