Effectuation or causation: An fsQCA analysis of entrepreneurial passion, risk perception, and self-efficacy

Silvia Stroe*, Vinit Parida, Joakim Wincent

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

31 Citations (Scopus)

Abstract

This paper enriches the literature on entrepreneurial decision-making logic by investigating nascent entrepreneurs' use of effectuation and causation. The configurational effect of passion, entrepreneurial self-efficacy, and risk perception is tested for causal and effectual decision-making. The results, based on data gathered from 50 nascent entrepreneurs, show that, more than passion, entrepreneurial self-efficacy, and risk perception alone, it is their combination that leads to the use of a causal and an effectual logic. This fsQCA-based study thereby helps unravel some of the complexities behind entrepreneurs' choice of decision-making logic.
Original languageEnglish
Peer-reviewed scientific journalJournal of Business Research
Volume89
Issue numberAugust
Pages (from-to)265-272
Number of pages18
ISSN0148-2963
DOIs
Publication statusPublished - 01.02.2018
MoE publication typeA1 Journal article - refereed

Keywords

  • 512 Business and Management
  • Effectuation
  • Causation
  • Harmonious passion
  • Obsessive passion
  • Entrepreneurial self-efficacy
  • Risk perception

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