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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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effectuation advanced in this analysis concludes that the essential agent of entrepreneurship is the effectuator. (SRD) …
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This article provides a review and analysis of institutional entrepreneurship research with a focus on the emergence of … understand how their integration might contribute to the further understanding of institutional entrepreneurship. Each stream is … institutions addressed, the determinants of institutional entrepreneurship, the mechanisms used in the process, and the empirical …
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Accounts of economic change recognize that markets create selective pressures for the adaptation of technologies in the direction of customer needs and production efficiencies. However, non-adaptational bases for technological change are rarely highlighted, despite their pervasiveness in the...
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