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Proposed as inverse of causation, effectuation logic holds that expert entrepreneurial action begins not with a predetermined exogenous opportunity of a predicted future goal but with a given set of means and fluid future ends. Control, not prediction, is the central theme of the effectuation...
Persistent link: https://www.econbiz.de/10013081588
Venturing activities focused on social causes has been called ‘social entrepreneurship'. This paper argues that the social entrepreneurship literature largely focuses on the similarities and overlooks the fundamental differences between social and commercial entrepreneurship, making the former...
Persistent link: https://www.econbiz.de/10013035560
This paper proposes that entrepreneurial opportunity creation is a process of structuration. First, it outlines the opportunity paradigm in entrepreneurship literature and introduces technology entrepreneurial initiatives as opportunity creation instances. It discusses Giddens' Theory of...
Persistent link: https://www.econbiz.de/10014223696
It has been said that entrepreneurs plan in order to deal with market uncertainty conditions. It has also been argued that entrepreneurs act spontaneously and with insufficient planning as time is of the essence and as market uncertainty seldom yields to planning. Theoretically, in uncertain...
Persistent link: https://www.econbiz.de/10014224646