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To what extent is the utilization of effectuation or causation reflected in the turnover by starting/novice entrepreneurs?

Salamon, Sebastian (2016) To what extent is the utilization of effectuation or causation reflected in the turnover by starting/novice entrepreneurs?

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Abstract:This research paper was conducted in order to identify possible implications the utilization of the causation and effectuation approach have in respect to a newly established company’s success. Therefore, this paper heavily relies on Sarasvathy’s work of the identification and clarification of the effectuation and causation approach. On the basis of a survey, which was send to approximately 2000 novice entrepreneurs in Germany, the results indicate that the effectuation approach is not a superior method in establishing a successful new business compared to the causational approach. The causational approach, however, also shows no signs for establishing a more successful venture than the effectual approach. Furthermore, this research displays the fact that both approaches potentially have a big influence in the performance of a company, but are not the only determinants for a successful business.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:83 economics, 85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:https://purl.utwente.nl/essays/70147
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