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Effectuation or Causation: Revalidation of Two Kinds of SMEs Entrepreneurs |
Fan Jianfeng1,Sheng Anfang1,Zhao Hui2 |
(1.School of Economics and Management,Wuyi University,Jiangmen 529000,China;2.School of Business Administration,Zhejiang University of Finance & Economics,Hangzhou 310018,China) |
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Abstract It is an important problem to verify the effectiveness of effectuation and causation by comparing the choice preference of different types of entrepreneurs.Based on the questionnaire survey data,the study explores the difference of the entrepreneurial decision logic between small and medium-sized enterprises (SMEs) entrepreneurship experts and novices,by the hierarchical regression analysis method,as well as the moderating effect of entrepreneurial self-efficacy and environmental uncertainty.The results show that experts prefer causation,while entrepreneurship novices obviously refuse causation.Secondly,the perception of the environmental uncertainty and the entrepreneurial self-efficacy is more higher (lower),the entrepreneurs are more likely to choose the effectuation(causation).Finally,both of the perception of environmental uncertainty and entrepreneurial self-efficacy significantly negatively (positively) moderated entrepreneur to choice the effectuation (causation).
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Received: 21 September 2020
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