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The influence of uncertainty intolerance and gender on decision making in new venture creation; effectuation and causation : the case of German entrepreneurs

Hohdorf, Pia (2021) The influence of uncertainty intolerance and gender on decision making in new venture creation; effectuation and causation : the case of German entrepreneurs.

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Abstract:The purpose of this paper is researching the effect of intolerance of uncertainty and gender on the decision-making processes of entrepreneurs. Firstly, the causation decision making approach which is a process where all decisions taken are informed by a clear goal set in the future. Secondly, the effectuation decision making approach, where entrepreneurs take actions seeking to control aspects of the unpredictable future and ultimately end up constructing the future with these actions. A cross-sectional design in a large-scale quantitative study is used to collect data. The unit of observation are individuals, 100 founders of German startups. Results show that intolerance of uncertainty is positively correlated with causation but not effectuation. The sub-construct prospective anxiety is negatively related to effectuation and positively related to causation. Inhibitory anxiety is negatively correlated with causation and positively correlated with effectuation. No significant effects based on gender are found. This study contributes to existing entrepreneurial literature. It provides a new view on the relationship between intolerance of uncertainty and decision making with regards to the entrepreneur’s gender.
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:http://purl.utwente.nl/essays/88187
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