WITHDRAWN–Administrative Duplicate Publication—Get it Together! Synergistic Effects of Causal and Effectual Decision–Making Logics on Venture Performance

Smolka, Katrin M.; Verheul, Ingrid; Burmeister‐Lamp, Katrin; Heugens, Pursey

doi:10.1111/etap.12266

Cited by 45 publications

(75 citation statements)

References 132 publications

(160 reference statements)

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“…Гибкость является особым преиму-ществом для фирм в нестабильной и не-предсказуемой среде, поскольку эта харак-теристика позволяет адаптироваться к не-ожиданным изменениям и использовать как позитивные, так и негативные сюрпризы в качестве источников новых возможностей [Harmeling, 2011]. Заключение предвари-тельных соглашений с партнерами позво-ляет предпринимательским фирмам при-обретать конкурентные преимущества за счет большего объема доступных ресурсов и снижения рисков [Smolka et al, 2016].…”

Section: теория и гипотезы исследованияunclassified

“…Эти же принципы эффектуационной логики оказались значимыми модераторами в от-ношениях между диверсификацией про-дуктов и результативностью новых фирм [Deligianni, Voudouris, Lioukas, 2017]. Дру-гие исследования установили наличие по-ложительной связи между эффектуацией и результатами деятельности новых фирм [Cai et al, 2017;Laskovaia, Shirokova, Morris, 2017;Smolka et al, 2016].…”

Section: теория и гипотезы исследованияunclassified

“…: [Arend, Sarooghi, Burkemper, 2015;Eijdenberg, Paas, Masurel, 2015;Politis, Winborg, Dahlstrand, 2012;Smolka et al, 2016]). Эффектуация определена как ло-гика принятия решений на основе име-ющихся в распоряжении ресурсов и вы-бора из возможных результатов тех, ко-торые могут быть достигнуты с помощью этого набора ресурсов.…”

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“…: [Deligianni, Voudouris, Lioukas, 2017;Eijdenberg, Paas, Masurel, 2015;Laskovaia, Shirokova, Morris, 2017;Smolka et al, 2016]). Интерес к изучению эффектуации и каузации проявляется не только в области предпринимательства, но и в работах по маркетингу, инновациям, стратегическому менеджменту и финан сам (см., напр.…”

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“…: [Berglund, 2007;Fish er, 2012;Mort, Weerawardena, Liesch, 2012;Read, Sarasvathy, 2005;Wiltbank et al, 2006]). Несмотря на то что эмпирических под-тверждений связи эффектуации/каузации с результатами деятельности фирм пока немного, все они доказывают наличие по-ложительной связи между обеими логи-ками принятия решений и результатами деятельности новых фирм [Cai et al, 2017;Laskovaia, Shi ro kova, Morris, 2017;Read, Song, Smit, 2009;Smolka et al, 2016] и инновационных проектов [Brettel et al, 2012].…”

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Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

Shirokova¹,

Laskovaia²

2017

RMJ

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Section: теория и гипотезы исследованияunclassified

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Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

Shirokova¹,

Laskovaia²

2017

RMJ

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Some principles are more equal than others: Promotion‐ versus prevention‐focused effectuation principles and their disparate relationships with entrepreneurial orientation

Palmié

Huerzeler

Grichnik

et al. 2018

Strategic Entrepreneurship

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Research Summary: Recent research suggests that effectuation principles such as flexibility, precommitments, and affordable loss may differ substantially from one another. Responding to the call to clarify the effectuation concept, our study introduces the distinction between promotion-and prevention-focused effectuation principles. It argues that promotion-focused (prevention-focused) principles are positively (negatively) associated with a firm's entrepreneurial orientation (EO). It further argues that causation is also promotion-focused and positively associated with EO. An analysis of 151 Swiss energy small and medium-sized enterprises supports this account. Thus, our study suggests that some effectuation principles are more similar to causation in their underlying regulatory focus and their relationship with EO than they are to other effectuation principles. We offer several paths for future research on effectuation, causation, and EO that emerge from these findings.Managerial Summary: Practitioner-oriented presentations and texts on entrepreneurial decision making frequently portray the meansdriven effectuation approach as opposite to the goals-driven causation approach. Our study challenges this portrayal by highlighting substantial differences between the individual effectuation principles. Specifically, our research suggests that these principles differ in the underlying psychological processes and consequently in their relationships with key organizational attributes such as the firm's entrepreneurial orientation. In these important regards, some effectuation principles are actually more similar to causation than they are to other effectuation principles. Our study has substantial

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Navigating the emerging market context: Performance implications of effectuation and causation for small and medium enterprises during adverse economic conditions in Russia

Shirokova

Osiyevskyy

Laskovaia

et al. 2020

Strategic Entrepreneurship

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Research Summary This study aims to broaden the understanding of effectuation and causation by investigating their effectiveness for small and medium enterprises (SMEs) in the emerging market context during adverse economic conditions. We embrace a holistic view of the performance implications of these behavioral logics, theorizing and empirically testing their impact not only on the level of firm performance but also on its variability. The findings suggest that emerging market conditions create significant contingencies in the relationships between effectuation, causation, and firm performance, substantively affecting their effectiveness. In particular, we demonstrate that for the firms affected by adverse conditions, causation brings marginal performance improvements while also making it highly unreliable (variable), whereas effectuation leads to performance improvements coupled with higher reliability. Managerial Summary Entrepreneurial actions can be based on one of two behavioral logics: causation (rigorous forward‐looking analysis, relying on well‐prepared plans, pre‐defined goals, and required resources) or effectuation (leveraging the existing resources and controlling the environmental uncertainty through creating new markets, products, and opportunities). We investigate the effectiveness of these logics for Russian SMEs navigating adversity in the emerging market context. The results suggest that causation leads to performance improvements, yet these become marginal and highly unreliable if a firm finds itself in adverse conditions. Effectuation, on the other hand, is a costly and unreliable strategy in stable times, yet leads to reliable performance improvements in volatile contexts.

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WITHDRAWN–Administrative Duplicate Publication—Get it Together! Synergistic Effects of Causal and Effectual Decision–Making Logics on Venture Performance

Cited by 45 publications

References 132 publications

Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

Effectuation and Causation as the Mediators of the Relationship between Cultural Value Orientations and New Venture Performance

Some principles are more equal than others: Promotion‐ versus prevention‐focused effectuation principles and their disparate relationships with entrepreneurial orientation

Navigating the emerging market context: Performance implications of effectuation and causation for small and medium enterprises during adverse economic conditions in Russia

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