Does experience count? Preliminary findings on a sample of German entrepreneurs

This research aims to find a pattern between age and national culture and the usage of effectuation and causation theory in the entrepreneurial decision making process. The study tests the correlation between age and an indicator of causation logic based on the sample. The study uses a qualitative research to examine experienced entrepreneurs, through think-aloud protocols. These protocols are then been transcribed and evaluated. Based on the decisions, the entrepreneurs make on a similar fictive business case, patterns in decision making towards effectuation or casualisation can be identified. The outcome of the research, even though not valid evidence supported through a literature review, suggest that age and German national culture are both positively correlated with the usage of causation principle.