DANCEST 805 Lecture Notes - Lecture 5: Bricolage, Incrementalism, Business Model Canvas

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Theory session 2: planning and strategic issues in. Effectuation, causation and bricolage: a behavioral comparison of. Emerging theories in entrepreneurship research fisher (2012) Emerging theoretical perspectives of entrepreneurship: focus primarily on the resources at hand and ignore market needs n uncovering an opportunity. How element: how this set of factors is related. Why: underlying psychological, economic or social dynamics that justify the selection of factors. Who, where, and when: act as conditions that place limitations on the propositions generated from a theoretical model. An individual entrepreneur decides on a predetermined goal and then selects between means to achieve that goal. Involves process of discovery, evaluation and exploitation of opportunities. Described as a logic of entrepreneurial expertise, a dynamic and interactive process of creating new artifacts in the world. Goals change, are shaped and constructed over tie, and sometimes formed by chance. Creating something from nothing by making do with what is at hand to solve problems and uncover opportunities.

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