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Enabling Entrepreneurs to Build on their Means: The Effectual Decision-Making Canvas

González, Marcos ORCID iD icon 1; Terzidis, Orestis ORCID iD icon 1; Heblich, Benedict 1
1 Institut für Entrepreneurship, Technologiemanagement und Innovation (ENTECHNON), Karlsruher Institut für Technologie (KIT)

Abstract:

Using the design science research approach and a framework for artifact development, this paper presents the design of an artifact in the field of entrepreneurship. More specifically, in the context of decision-making for early-stage entrepreneurs. In light of existing research indicating that the decision-making process significantly impacts an entrepreneur's effectiveness and that experienced entrepreneurs use Effectuation more often than Causation when reaching decisions, this paper presents a visual tool for assisting entrepreneurs in making decisions based on the principles of Effectuation. We finally test and evaluate the resulting "Effectual Decision-Making Canvas" with aspiring and practicing entrepreneurs.


Preprint §
DOI: 10.5445/IR/1000150067
Veröffentlicht am 19.08.2022
Originalveröffentlichung
DOI: 10.1109/ICE/ITMC-IAMOT55089.2022.10033296
Scopus
Zitationen: 1
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Entrepreneurship, Technologiemanagement und Innovation (ENTECHNON)
Publikationstyp Proceedingsbeitrag
Publikationsmonat/-jahr 06.2022
Sprache Englisch
Identifikator ISBN: 978-1-6654-8816-7
KITopen-ID: 1000150067
Erschienen in Technology, Engineering, and Innovation Management Communities as Enablers for Social-Ecological Transitions
Veranstaltung 28th 31st Technology, Engineering, and Innovation Management Communities as Enablers for Social-Ecological Transitions (IEEE ICE/ITMC and IAMOT Conference IEEE 2022), Nancy, Frankreich, 19.06.2022 – 23.06.2022
Verlag IEEEXplore
Seiten 1397-1404
Schlagwörter entrepreneurial decision-making, Effectuation, startups
Nachgewiesen in Dimensions
Scopus
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