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The influence of a higher education on the use of effectuation and causation : a study among Dutch expert entrepreneurs

Geurts, Joost (2015) The influence of a higher education on the use of effectuation and causation : a study among Dutch expert entrepreneurs.

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Abstract:This thesis is a spin-off of the EPICC Project and researches to which extent the educational level expert entrepreneurs have of influence on how they think. A case containing ten business related problems is used to conduct think aloud protocols from 16 Dutch expert entrepreneurs. The effectuation theory of Sarasvathy is used as a framework on which the coding scheme is based. The protocols are coded into the opposing categories of causation (focus on goals) and respectively effectuation (focus on means). We come with several propositions that are predominantly based on the research of Dew et al. (2009a). The data shows there is no correlation between age/years of experience and effectuation. If an entrepreneur meets the ‘expert entrepreneur’ criteria it does not matter how old he/she is or how many years of experience he has. In our sample all the expert entrepreneurs who have had a higher education favor effectual thinking. The same goes for the kind of higher education the entrepreneurs has enjoyed; whether the entrepreneur attended an HBO school or a university does not seem to matter, all entrepreneurs favor effectual thinking.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration BSc (56834)
Link to this item:http://purl.utwente.nl/essays/66958
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