An essential aspect of bringing ideas to existing businesses is how nascent entrepreneurs quickly and appropriately find viable solutions to the various problems they encounter (Fayolle & Gailly, 2008). Studies on decision-making have characterized by individuals’ economic and planoriented thinking (causation) (Fisher, 2012), while another stream of research has highlighted uncertainty and creative actions (effectuation) (Read et al., 2016; Venkataraman et al., 2012). The decision-making logics, however, are extremely hard to identify and grasp, as this requires the real-life follow-up of an ongoing process (see Arend et al., 2015; Langley, 1999). We address this by focusing in depth on the venture creation processes of students during an educational intervention. Our aim is to identify students’ decision-making logics during the venture creation process in entrepreneurship education (EE), and to investigate and understand how these are transformed during the process.
Suomalainen, Sanna; Heinonen, Jarna; and Stenholm, Peeka
"IDENTIFYING AND UNDERSTANDING ENTREPRENEURIAL BEHAVIOR IN ENTREPRENEURSHIP EDUCATION (INTERACTIVE PAPER),"
Frontiers of Entrepreneurship Research: Vol. 37
, Article 20.
Available at: https://digitalknowledge.babson.edu/fer/vol37/iss3/20