Effectuation and Causation: Relationship Between University Infrastructure and Behavioral Choice In New Venture Creation by Student-Entrepreneurs
Abstract
The study shows that university entrepreneurial infrastructure constitutes an important part of entrepreneurial environment, which has a significant effect on entrepreneurial behavior and decision making process of student entrepreneurs. We contribute to the existing literature on the contextual understanding of entrepreneurial behaviour by extending effectuation theory and linking university entrepreneurial infrastructure to different types of logic used by student entrepreneurs. Our findings show that favorable entrepreneurial climate is positively associated with causal entrepreneurial behaviour. Financial support at the university is positively linked both to effectual and causal reasoning in entrepreneurial decision making process of student entrepreneurs. We were not able to find a positive association between the level of networking and coaching and both types of entrepreneurial reasoning and between the number of entrepreneurship courses at the university and causal logic of student entrepreneurs. However, once students’ active involvement is considered, the hypothesized relationships hold. These results are based on the GUESSS (Global University Entrepreneurial Spirit Students’ Survey) 2011 sample including 2324 student entrepreneurs.
Keywords:
effectuation, causation, student entrepreneurs, university infrastructure, Global University Entrepreneurial Spirit Students’ Survey (GUESSS)
Downloads
References
The List of References in Cyrillic Transliterated into Latin Alphabet
Downloads
Published
How to Cite
Issue
Section
License
Articles of the Russian Management Journal are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.