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The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of … entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial … paper deals with the determinants of entrepreneurship. An eclectic theory ofentrepreneurship is introduced. This eclectic …
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Effectuation has become the basis for educating entrepreneurs and managers. Derived from cognitive and behavioral economic studies of expert entrepreneurs, effectuation shows how to cocreate value in highly uncertain situations. The framework of effectuation consists in techniques that minimize...
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