Opening the Black Box of Effectuation Processes: Characteristics and Dominant Types

Yi Jiang and Charles-Clemens Rüling ()
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Yi Jiang: ESCP-EAP - ESCP-EAP - Ecole Supérieure de Commerce de Paris
Charles-Clemens Rüling: IREGE - Institut de Recherche en Gestion et en Economie - USMB [Université de Savoie] [Université de Chambéry] - Université Savoie Mont Blanc

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Abstract: In this paper, we open the black box of effectuation as a process by identifying effectuation process characteristics and patterns and thereby unveiling the heterogeneity of effectuation processes. Based on a multiple case research approach, sequential qualitative analysis is used to contrast similarities and differences in effectuation processes among six high-technology ventures. By theorizing the relationship between effectuation principles and process characteristics, we increase the conceptual clarity of effectuation theory and provide insights into how effectuation may be operationalized for scholars in future research.

Keywords: effectuation theory; heterogeneous effectuation; episodes; process study; new venture creation process (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (15)

Published in Entrepreneurship Theory and Practice, 2019, 43 (1), pp.171-202

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02380757

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