Narratives in entrepreneurial ecosystems: drivers of effectuation versus causation

Sylvia Hubner (), Fabian Most, Jochen Wirtz and Christine Auer
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Sylvia Hubner: Free University of Bozen-Bolzano
Fabian Most: Ginkgo Management Consulting
Jochen Wirtz: National University of Singapore
Christine Auer: Ludwig-Maximilians-University Munich

Small Business Economics, 2022, vol. 59, issue 1, No 11, 242 pages

Abstract: Abstract This paper introduces narratives in entrepreneurial ecosystems as drivers of effectuation vs. causation. Drawing on 43 interviews with successful players in Silicon Valley, Munich, and Singapore, we found ecosystem-specific narratives indicate what is common, appropriate, and successful in each ecosystem, and these narratives encourage either effectuation or causation. Our findings indicate that the narratives in the ecosystem in Silicon Valley facilitate effectuation, in Munich causation, and in Singapore a cautious balance of both. Our research suggests that narratives can explain mechanisms how ecosystems influence entrepreneurship: the national culture, market characteristics, available resources, and networks in an ecosystem spark ecosystem-specific narratives, which in turn shape tendencies towards effectuation and causation. Thereby, we introduce a new ecosystem-focused perspective on predictors of effectuation and causation.

Keywords: Ecosystems; Effectuation; Causation; Narratives; Silicon Valley; Munich; Singapore; Entrepreneurship; Entrepreneurial behavior; Culture; Networks; A13; M16; L26; O30; O31 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s11187-021-00531-3

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