Exploring the role of original aspiration in effectuation tendency

Yu-Te Liu ()
Additional contact information
Yu-Te Liu: National Taiwan University

International Entrepreneurship and Management Journal, 2019, vol. 15, issue 3, No 15, 977-1016

Abstract: Abstract In this research, we tackle a critical yet less explored factor that affects entrepreneurs’ effectuation logic, the original aspiration, which refers to the entrepreneur’s initial and most dominant aspiration in the venture-creation process. Based on a qualitative and process research on abundant entrepreneurs’ decision events from eight start-ups over a three-year time span, we discover the nature of original aspiration and its significant role on entrepreneurial decision-making over the entrepreneurial process. Subsequently, we identify three categories of original aspirations, social-centric, commercial-centric, and autonomy-centric, and offer evidence that those social-centric entrepreneurs have a high tendency to engage with effectuation logic, while commercial-centric entrepreneurs tend to use more causal logic. These findings extend effectuation theory by advancing one of its most fundamental suppositions and showing how original aspirations shape the thinking behind the critical decisions along the entrepreneurial journey. Overall, our research endeavor highlights that a deeper understanding of the heterogeneity of entrepreneurs broadens the knowledge of entrepreneurship research.

Keywords: Effectuation; Entrepreneurial decision-making; Aspiration (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://link.springer.com/10.1007/s11365-019-00575-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:intemj:v:15:y:2019:i:3:d:10.1007_s11365-019-00575-8

Ordering information: This journal article can be ordered from
http://www.springer. ... urship/journal/11365

DOI: 10.1007/s11365-019-00575-8

Access Statistics for this article

International Entrepreneurship and Management Journal is currently edited by Salvador Roig

More articles in International Entrepreneurship and Management Journal from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().