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Cited by 273

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Making It Happen: Beyond Theories of the Firm to Theories of Firm Design

Open access
Sarasvathy, Saras D.·2004·Entrepreneurship Theory and Practice

Abstract

Current theories of the firm provide no explanation for entrepreneurial success except in terms of firm success. Even when the focus is on the entrepreneur, s/he is entirely cast as a bundle of traits/behaviors or heuristics/biases that serves to explain firm performance. In this article, I suggest putting the entrepreneur center stage, adopting an instrumental view of the firm. Drawing upon the work of Simon in symbolic cognition and Lakoff in semantic cognition, I explore how we can go beyond explanations based on economic forces and evolutionary adaptation to entrepreneurial effectuation; I end with specific research questions pertaining to firm design.

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Metadata

Authors
Sarasvathy, S. D.
Venue
Entrepreneurship Theory and Practice
Published
2004-11
Volume
28
Issue
6
Pages
519-531
ISSN
  • 1042-2587 (ISSN-L)
  • 1540-6520
OpenAlex
W1984872539
Cited by
273
References
0
FWCI
12.50
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Making It Happen: Beyond Theories of the Firm to Theories of Firm Design. https://app.cochat.ai/papers/10.1111/j.1540-6520.2004.00062.x
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Sarasvathy, S. D. (2004). Making It Happen: Beyond Theories of the Firm to Theories of Firm Design. Entrepreneurship Theory and Practice. https://doi.org/10.1111/j.1540-6520.2004.00062.x

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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.