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To predict, or to control that is the question : the influence of intolerance of uncertainty on entrepreneurial decision-making behaviour

Vreugdenhil, H.G. (2020) To predict, or to control that is the question : the influence of intolerance of uncertainty on entrepreneurial decision-making behaviour.

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Abstract:Despite the irreducible presence of uncertainty in entrepreneurship, how an entrepreneur should make decisions when facing it remains a matter of debate. Both sides of this argument are cap-tured in the theory of effectuation, however, within effectuation literature it remains insufficiently clear what leads to effectual or causal decision-making behaviour. This research explorers personal-level antecedents of entrepreneurial decision-making using the dispositional trait intolerance of uncertainty while paying special attention to the role of the entrepreneur’s gender. Based on a data set gathered in South-Africa and The Netherlands responses of 242 entrepreneur in total were assessed via quantitative methods. The results show that intolerance of uncertainty is positively correlated with causation but not effectuation. The sub-constructs inhibitory anxiety and prospec-tive anxiety are positively related to effectuation and causation respectively. No significant effects based on gender are found. This research partly fills the gap in personal-level antecedents in effec-tuation literature. The results show that intolerance of uncertainty and inhibitory anxiety signifi-cantly predict causation whereas prospective anxiety is positively related to effectuation. As such, this research contributes to both effectuation and intolerance of uncertainty literature. However, future research is needed to validate the results and to further identify personal-level antecedents of entrepreneurial decision-making.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/82791
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