From tensions to synergy: Causation and effectuation in the process of venture creation

نویسندگان

چکیده

Research Summary This article examines previously neglected tensions between causation and effectuation in the process of new venture creation. We studied 41 episodes creation by entrepreneurs Finland Denmark, who we followed applying diary method. reveal tense relations respective principles at multiple levels, identify corresponding mechanisms for their resolution, which, turn, lead to synergy. study enriches research offering a dynamic perspective on causation-effectuation interplay categorizing three modes interaction, that is, separation, hybrid synergy, tensions. Managerial Venture is complex involves different decision-making logics. While combining goal-driven logic non-goal driven essential success start-up, road synergy can be paved with Our Denmark shows these occur individual, organizational inter-organizational levels. also show four how overcome within ventures other stakeholders.

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ژورنال

عنوان ژورنال: Strategic Entrepreneurship Journal

سال: 2021

ISSN: ['1932-443X', '1932-4391']

DOI: https://doi.org/10.1002/sej.1413