Causation and Effectuation

Sarasvathy, S. D. (2001). Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency. Academy of Management Review, 26(2), 243-263.

Type

Journal article

Intellectual base

Primary research

Year

2001

DOI

10.5465/amr.2001.4378020

Link

https://doi.org/10.5465/AMR.2001.4378020

Cited by

2 citations across 2 artifacts.

Domain-specific

• Entrepreneurial Discovery
  • Austrian economics — the home turf, the central theory of market process, where alertness-plus-arbitrage is the endogenous error-correction that drives decentralized markets toward equilibrium. The economic calculation / central-planning debate — supplying the argument that no central allocator can substitute for the entrepreneurial function, because the gaps are not data until discovery reveals them. The theory of profit and competition — reframing profit as the signal-and-reward of discovery (the trace of an uncorrected disequilibrium) rather than a return to a factor of production. Strategy and entrepreneurship research — opportunity-recognition frameworks in entrepreneurship education (Shane and successors), with effectuation (Sarasvathy) a related-but-distinct theory, still on the market-process substrate
• Entrepreneurship
  • Entrepreneurial actors often limit exposure, stage commitments, or use affordable-loss reasoning rather than maximize risk.

Verification

This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.

Links previously used in the corpus

Before the registry existed this work was also linked 1 other way.

• https://doi.org/10.2307/259121 ×1

Registry ID ref:159704f0ae0f · see in the full table