In the following video playlist Martin tries to expand his insights on entrepreneurial methods, primarily developed(it seems) from his co-authored paper; "Comparing effectuation to discovery-driven planning, prescriptive entrepreneurship, business planning, lean startup, and design thinking" The major suggestion of the paper is to stress on the complimentary use value of existing methods. Rather than using … Continue reading Martin Lackéus: Entrepreneurial methods – what, why, how, why not?
The authors of the paper "Contesting effectuation theory: Why it does not explain new venture creation" argues that effectuation perspective reduces the process of venture creation to a individual decision-making logic, ignoring social-structural and cultural contexts on venture creation. The paper also concludes that effectuation implicitly assumes nascent entrepreneurs of having excessive powers of agency. https://twitter.com/johnywrites/status/1365951961300750336?s=20
Saras Saraswathi is known for her Effectuation theory of Entrepreneurship. In this clip, she discusses the conceptual interface between Artifact and Entrepreneurs. https://twitter.com/johnywrites/status/1340744384065593344?s=20
In their 2015 paper "Effectuation As Ineffectual? Applying the 3E Theory-Assessment Framework to a Proposed New Theory of Entrepreneurship" authors Richard J. Arend, Hessamoddin Sarooghi and Andrew Burkemper argues that Effectuation theory lacks the foundation of sufficient empirical testing and critical analysis. This prompted a response from Effectual school, Stuart Read, Saras D. Sarasvathy, Nicholas … Continue reading Richard J Arend and Critic of Effectuation +: A reading list.
Entrepreneurs are entrepreneurial, as differentiated from managerial or strategic. #Entrepreneurs are entrepreneurial, as differentiated from managerial or strategic, because they think effectually; they believe in a yet-to-be-made future that can substantially be shaped by human action. https://t.co/VeQR73UlbU …#startup #startups #StartupIndia #entrepreneur pic.twitter.com/DcN8G8FkXL— Kiran Johny (@johnywrites) October 23, 2018