Skip to main content
Fachgebiete
Automobil + Motoren Bauwesen + Immobilien Business IT + Informatik Elektrotechnik + Elektronik Energie + Nachhaltigkeit Finance + Banking Management + Führung Marketing + Vertrieb Maschinenbau + Werkstoffe Versicherung + Risiko
DE
EN
Themenseiten
Organisationspsychologie Projektmanagement Marketing Smart Manufacturing
Bücher
Zeitschriften
Weitere Formate
Podcasts Webinare Technik Webinare Wirtschaft Kongresse Veranstaltungskalender Awards
Jetzt Einzelzugang starten
Zugang für Unternehmen
Referenzkunden
MTZ-Fachkongress

Antriebe und Energiesysteme von morgen


Austausch von Automobil- und Energiewirtschaft

Am 14./15. Mai geht es in Chemnitz um die Mobilitätswende durch Elektro- und Wasserstofffahrzeuge.
Erweiterte Suche
Anmelden
nach oben
Erschienen in:
The Challenge of Dealing with Complexity in Entrepreneurship, Innovation and Technology Research: An Introduction Kapitel lesen Erstes Kapitel lesen

2016 | OriginalPaper | Buchkapitel

Effectuation and the Think-Aloud Method for Investigating Entrepreneurial Decision Making

verfasst von : M. Laura Frigotto

Erschienen in: Complexity in Entrepreneurship, Innovation and Technology Research

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

Research on effectuation has the opportunity to advance from an intermediate development stage along two main directions. First, effectuation exists as an alternative to classical models for testing hypotheses; and second, effectuation has introduced a grounded approach that envisions new theoretical elements and further theories. In this chapter, I discuss the potential effectuation has for both theory testing and theory building. I present the methods from which effectuation theory emerged, namely the think-aloud method, and their protocols and content analysis. I offer hints for the implementation of such methods and provide an illustration from a related research project. I also discuss sample size and elicitation tool construction. I conclude with limitations of the effectuation approach to research.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Jetzt informieren
Vorheriges Kapitel Exploring Complex Phenomena with Qualitative Research Methods: An Examination of Strategic Innovation Trajectories in Haute Cuisine
Nächstes Kapitel Applying Factorial Surveys for Analyzing Complex, Morally Challenging and Sensitive Topics in Entrepreneurship Research: The Case of Entrepreneurial Ethics
Literatur
Agnew, J. R., Anderson, L. R., Gerlach, J. R., & Szykman, L. R. (2008). Who chooses annuities? An experimental investigation of the role of gender, framing, and defaults. American Economic Review, 98(2), 418–422.CrossRef
Anderson-Lister, G., & Treharne, G. J. (2014). ‘Healthy’ individuals’ perceptions of type 1 and type 2 diabetes cause and management: A ‘think-aloud’, mixed-methods study using video-based vignettes. Journal of Health Psychology, 19(11), 1371–1381.CrossRef
Arend, R., Sarooghi, H., & Burkemper, A. (2015). Effectuation as ineffectual? Applying the 3E theory-assessment framework to a proposed new theory of entrepreneurship. Academy of Management Review. Advance online publication. doi:10.​5465/​amr.​2014.​0455
Blauth, M., Mauer, R., & Brettel, M. (2014). Fostering creativity in new product development through entrepreneurial decision making. Creativity and Innovation Management, 23(4), 495–509.CrossRef
Brettel, M., Mauer, R., Engelen, A., & Küpper, D. (2012). Corporate effectuation: Entrepreneurial action and its impact on R&D project performance. Journal of Business Venturing, 27(2), 167–184.CrossRef
Bryman, A. (2012). Social research methods. Oxford: Oxford University Press.
Caliendo, M., Fossen, F. M., & Kritikos, A. S. (2009). Risk attitudes of nascent entrepreneurs: New evidence from an experimentally validated survey. Small Business Economics, 32(2), 153–167.CrossRef
Chandler, G. N., DeTienne, D. R., McKelvie, A., & Mumford, T. V. (2011). Causation and effectuation processes: A validation study. Journal of Business Venturing, 26(3), 375–390.CrossRef
Charters, E. (2003). The use of think-aloud methods in qualitative research: An introduction to think-aloud methods. Brock Education, 12(2), 68–82.
Corbin, J., & Strauss, A. (2007). Basics of qualitative research: Techniques and procedures for developing grounded theory. Thousand Oaks, CA: Sage.
Dew, N., Read, S., Sarasvathy, S. D., & Wiltbank, R. (2008). Outlines of a behavioral theory of the entrepreneurial firm. Journal of Economic Behavior and Organization, 66(1), 37–59.CrossRef
Dew, N., Read, S., Sarasvathy, S. D., & Wiltbank, R. (2009). Effectual versus predictive logics in entrepreneurial decision-making: Differences between experts and novices. Journal of Business Venturing, 24(4), 287–309.CrossRef
Dohmen, T. J., Falk, A., Huffman, D., Sunde, U., Schupp, J., & Wagner, G. G. (2011). Individual risk attitudes: Measurement, determinants, and behavioral consequences. Journal of the European Economic Association, 9(3), 522–550.CrossRef
Dohmen, T. J., Falk, A., Huffman, D., & Sunde, U. (2006). Seemingly irrelevant events affect economic perceptions and expectations: The FIFA world cup 2006 as a natural experiment (IZA discussion paper no. 2275). Retrieved from http://​ssrn.​com/​abstract=​928830
Edmondson, A. C., & McManus, S. E. (2007). Methodological fit in management field research. Academy of Management Review, 32(4), 1246–1264.CrossRef
Engel, Y., Dimitrova, N. G., Khapova, S. N., & Elfring, T. (2014). Uncertain but able: Entrepreneurial self-efficacy and novices’ use of expert decision-logic under uncertainty. Journal of Business Venturing Insights, 1–2, 12–17.CrossRef
Ericsson, K. A., & Simon, H. A. (1980). Verbal reports as data. Psychological Review, 87(3), 215–251.CrossRef
Ericsson, K. A., & Simon, H. A. (1993). Protocol analysis: Verbal reports as data. Cambridge, MA: MIT Press.
Fehr-Duda, H., De Gennaro, M., & Schubert, R. (2006). Gender, financial risk, and probability weights. Theory and Decision, 60(2–3), 283–313.CrossRef
Fonteyn, M. E., Kuipers, B., & Grobe, S. J. (1993). A description of think aloud method and protocol analysis. Qualitative Health Research, 3(4), 430–441.CrossRef
Foss, N. J., & Klein, P. G. (2012). Organizing entrepreneurial judgment: A new approach to the firm. Cambridge, MA: Cambridge University Press.CrossRef
Frigotto, M. L., Rossi, A., Trento, S., & Zaninotto, E. (2014, September–December). Le decisioni manageriali e la rivoluzione comportamentale. Sinergie, Italian Journal of Management, 95, 121–140.
Fujita, F., Diener, E., & Sandvik, E. (1991). Gender differences in negative affect and well-being: The case for emotional intensity. Journal of Personality and Social Psychology, 61(3), 427–434.CrossRef
Funkesson, K. H., Anbäcken, E.-M., & Ek, A. C. (2007). Nurses’ reasoning process during care planning taking pressure ulcer prevention as an example. A think-aloud study. International Journal of Nursing Studies, 44(7), 1109–1119.CrossRef
Gilboa, I., & Schmeidler, D. (1995). Case-based decision theory. The Quarterly Journal of Economics, 110(3), 605–639.CrossRef
Glaser, B., & Strauss, A. (1967). The discovery of grounded theory. London: Weidenfeld and Nicholson.
Harms, R., & Schiele, H. (2012). Antecedents and consequences of effectuation and causation in the international new venture creation process. Journal of International Entrepreneurship, 10(2), 95–116.CrossRef
Jianakoplos, N. A., & Bernasek, A. (1998). Are women more risk averse? Economic Inquiry, 36(4), 620–630.CrossRef
Knight, F. H. (1921). Risk, uncertainty and profit. New York: Hart, Schaffner and Marx.
Koro-Ljungberg, M., Douglas, E. P., Therriault, D., Malcolm, Z., & McNeill, N. (2013). Reconceptualizing and decentering think-aloud methodology in qualitative research. Qualitative Research, 13(6), 735–753.CrossRef
Lundgrén-Laine, H., & Salanterä, S. (2010). Think-aloud technique and protocol analysis in clinical decision-making research. Qualitative Health Research, 20(4), 565–575.CrossRef
Miles, M. B., & Huberman, A. M. (1994). Qualitative data analysis: An expanded sourcebook. Thousand Oaks, CA: Sage.
Murnieks, C. Y., Haynie, J. M., Wiltbank, R. E., & Harting, T. (2011). ‘I Like How You Think?’: Similarity as an interaction bias in the investor-entrepreneur dyad. Journal of Management Studies, 48(7), 1533–1561.CrossRef
Newell, A., & Simon, H. A. (1972). Human problem solving. Englewood Cliffs, NJ: Prentice Hall.
Nielsen, J. (1994). Estimating the number of subjects needed for a thinking aloud test. International Journal of Human-Computer Studies, 41(3), 385–397.CrossRef
Perry, J., Chandler, T., Gaylen, N., & Markova, G. (2012). Entrepreneurial effectuation: A review and suggestions for future research. Entrepreneurship: Theory and Practice, 36(4), 837–861.
Powell, M., & Ansic, D. (1997). Gender differences in risk behaviour in financial decision-making: An experimental analysis. Journal of Economic Psychology, 18(6), 605–628.CrossRef
Sainsbury, M. (2003). Thinking aloud: Children’s interactions with text. Reading, 37(3), 131–135.CrossRef
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.
Sarasvathy, S. D. (2003). Entrepreneurship as a science of the artificial. Journal of Economic Psychology, 24(2), 203–220.CrossRef
Sarasvathy, S. D. (2008). Effectuation: Elements of entrepreneurial expertise. Northampton, MA: Edward Elgar.CrossRef
Sarasvathy, S. D., & Dew, N. (2005). New market creation through transformation. Journal of Evolutionary Economics, 15(5), 533–565.CrossRef
Sarasvathy, S. D., & Kotha, S. (2001). Dealing with Knightian uncertainty in the new economy: The Real-Networks case. In J. Butler (Ed.), Research on management and entrepreneurship (pp. 31–62). Greenwich, CT: IAP.
Sarasvathy, D. K., Simon, H. A., & Lave, L. (1998). Perceiving and managing business risks: Differences between entrepreneurs and bankers. Journal of Economic Behavior and Organization, 33(2), 207–225.CrossRef
Savage, L. J. (1954). The foundations of statistics. New York: Wiley.
Schubert, R., Brown, M., Gysler, M., & Brachinger, H. W. (1999). Financial decision-making: Are women really more risk-averse? American Economic Review, 89(2), 381–385.CrossRef
Simon, H. A. (1996). The sciences of the artificial. Cambridge, MA: MIT Press.
Slovic, P. (1997). Trust, emotion, sex, politics, and science. In M. H. Bazerman, D. M. Messick, A. E. Tenbrunsel, & K. A. Wade-Benzoni (Eds.), Environment, ethics, and behavior: The psychology of environmental valuation and degradation (pp. 277–313). San Francisco: New Lexington Press.
von Neumann, J. V., & Morgenstern, O. (1944). Theory of games and economic behavior. Princeton, NJ: Princeton University Press.
Voorhoeve, A., Binmore, K., & Stewart, L. (2012). How much ambiguity aversion? Finding indifferences between Ellsberg’s risky and ambiguous bets. Journal Risk and Uncertainty, 45(3), 215–238.CrossRef
Werhahn, D., Mauer, R., Flatten, T. C., & Brettel, M. (2015). Validating effectual orientation as strategic direction in the corporate context. European Management Journal. Advance online publication. doi:10.​1016/​j.​emj
Wertheimer, M. (2012). A brief history of psychology. New York: Taylor & Francis.
Wiltbank, R., Read, S., Dew, N., & Sarasvathy, S. D. (2009). Prediction and control under uncertainty: Outcomes in angel investing. Journal of Business Venturing, 24(2), 116–133.CrossRef
Metadaten
Titel
Effectuation and the Think-Aloud Method for Investigating Entrepreneurial Decision Making
verfasst von
M. Laura Frigotto
Copyright-Jahr
2016
Buch
Complexity in Entrepreneurship, Innovation and Technology Research

Print ISBN: 978-3-319-27106-4

Electronic ISBN: 978-3-319-27108-8

Copyright-Jahr: 2016

DOI
https://doi.org/10.1007/978-3-319-27108-8_9

Premium Partner

    Bildnachweise