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At the heart of the entrepreneur : a study of entrepreneurial passion, culture & effectuation

Welij, B.J. van (2019) At the heart of the entrepreneur : a study of entrepreneurial passion, culture & effectuation.

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Abstract:In today’s ever-changing environment, entrepreneurship contributes towards economic growth, innovation and job creation. In order to determine individuals that have a potentially higher success rate of becoming an entrepreneur in an uncertain environment, this research focuses on the individual in the entrepreneurial processes; which decision-making process – causational or effectual – is used and how can this preference be predicted. There are individual differences in how to use or operate in different modes of processing, but does entrepreneurial passion influences the tendency of either effectuation or causation? Does this tendency differ between cultures? A questionnaire, covering validated scales of the dependent variables’ entrepreneurial passion and cultural tightness-looseness and the independent variables effectuation or causation, was digitally transmitted to entrepreneurs. The analysis of the data has shown that sub-dimensions inventing, founding and developing of entrepreneurial passion are not significant related to effectuation or causation, nor is this relationship significant moderated by culture. However, culture does have some relationship with the dimensions of entrepreneurial passion. Future research should need to theoretically examine entrepreneurial passion and further build effectuation into a solid standalone theory.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:01 general works, 70 social sciences in general, 85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:http://purl.utwente.nl/essays/77543
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