The DOI matches its OpenAlex record; 7 of the 7 references it cites were found in a registry or an index.
Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency
Abstract
In economics and management theories, scholars have traditionally assumed the existence of artifacts such as firms/organizations and markets. I argue that an explanation for the creation of such artifacts requires the notion of effectuation. Causation rests on a logic of prediction, effectuation on the logic of control. I illustrate effectuation through business examples and realistic thought experiments, examine its connections with existing theories and empirical evidence, and offer a list of testable propositions for future empirical work.
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Citations
Cites
Prospect Theory: An Analysis of Decision under Risk
Kahneman, D., & Tversky, A. (1979) · Econometrica · doi:10.2307/1914185 · Cited by 48,524
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942
Clarifying the Entrepreneurial Orientation Construct and Linking It to Performance
Lumpkin, G. T., & Dess, G. G. (1996) · The Academy of Management Review · doi:10.5465/amr.1996.9602161568 · Cited by 10,159
Burt, R. S. (1992) · doi:10.4159/9780674029095 · Cited by 9,093
“Risk, Ambiguity, and the Savage Axioms.”
Ellsberg, D. (1961) · The Quarterly Journal of Economics · doi:10.2307/1884324 · Cited by 7,891
Payne, J. W., Bettman, J. R., & Johnson, E. J. (1993) · doi:10.1017/cbo9781139173933 · Cited by 3,487
Cited by
Entrepreneurial Action And The Role Of Uncertainty In The Theory Of The Entrepreneur
McMullen, J. S., & Shepherd, D. A. (2006) · Academy of Management Review · doi:10.5465/amr.2006.19379628 · Cited by 3,103
The digital transformation of innovation and entrepreneurship: Progress, challenges and key themes
Nambisan, S., Wright, M., & Feldman, M. (2019) · Research Policy · doi:10.1016/j.respol.2019.03.018 · Cited by 3,089
Martin, B. C., McNally, J. J., & Kay, M. J. (2013) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2012.03.002 · Cited by 1,565
Perspective: Linking Design Thinking with Innovation Outcomes through Cognitive Bias Reduction
Liedtka, J. (2015) · Journal of Product Innovation Management · doi:10.1111/jpim.12163 · Cited by 951
Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems
Brown, R., & Mason, C. (2017) · Small Business Economics · doi:10.1007/s11187-017-9865-7 · Cited by 852
Metadata
- Authors
- Sarasvathy, S. D.
- Venue
- Academy of Management Review
- Publisher
- Academy of Management
- Published
- 2001-04-01
- Volume
- 26
- Issue
- 2
- Pages
- 243-263
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2009248339
- Cited by
- 4,275
- References
- 7
- FWCI
- 25.39
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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