Why expertise theory of effectuation (and entrepreneurship) is flawed?

This is an updated version of my previous blog post that explored the flaws of effectuation. The series has two more posts which you can read here and here . The empirical evidence for effectuation came from the study of expert entrepreneurs conducted by Saraswathy. She contrasts her study on entrepreneurial expertise with entrepreneurial performance … Continue reading Why expertise theory of effectuation (and entrepreneurship) is flawed?

Daniel Kahneman on expertise with reference to entrepreneurship

I have already posted about Kahneman and Klein(2009) arguing that “Skilled intuitions will only develop in an environment of sufficient regularity, which provides valid cues to the situation”. In the following short video, Daniel Kahneman elaborates some of the conditions that are necessary for genuine expertise to develop. https://youtu.be/ksopQLMQsq8

What should be in a complexity friendly design solution for entrepreneurship

Since entrepreneurship is a complex domain, proposed design solutions must recognize complexity as a core design challenge. It must also consider the disposition and bounded rationality of the decision-making agent in question. I have recently read an article by Herbert A. Simon "Can there be a science of complex systems?" in which he listed 4 … Continue reading What should be in a complexity friendly design solution for entrepreneurship

Entrepreneurship and Synergetics

Synergetics is an interdisciplinary theoretical approach that studies self-organization in complex systems(systems that are characterized by openness, dynamics, and complexity). It was developed by physicist Hermann Haken(1969) through his research experiments on laser light. He noticed unpredictable patterns emerging that cannot be explained by linear models. The properties of light change in a self-organized manner … Continue reading Entrepreneurship and Synergetics

Effectual Self-Organization: Could it be a mindful praxis for self-organization

In the last few posts, I have been developing the idea of effectuation as a self-organization principle against the idea of expertise acquired by entrepreneurs via experience and deliberate practice. Following are two blog posts in which I have elaborated my thoughts. Why expertise theory of effectuation is flawed?; Here I argue why expertise framing of effectuation … Continue reading Effectual Self-Organization: Could it be a mindful praxis for self-organization

Self-Organization: Paul Cilliers and Saraswathy

According to Paul Cilliers(1998), "the capacity for self-organisation is a property of complex systems which enables them to develop or change internal structure spontaneously and adoptively in order to cope with, or manipulate, their environment". To him, different systems that share the property of self-organisation will not necessarily exhibit the same range of characteristics. A … Continue reading Self-Organization: Paul Cilliers and Saraswathy