The Purpose Of This Blog is to allow its members to post, edit and comment on Entrepreneurial Praxis- the interaction between the Theories of Entrepreneurship and The Practices of the domain. In doing so members will demonstrate their reflective capacity to read the 'world' of entrepreneurship rather than merely read the 'word' of entrepreneurship. This Freierian distinction is pertinent to the idea of education and learning being about emancipatory and NOT merely utilitarian projects.
Sunday, 10 May 2015
Effectuation and Over Trust
This articles critiques Sara Sarasvathy effectuation theory. The article states that effectuation supposes over trust and yet Sara Sarasvathy claims that trust is irrelevant to an effectual entrepreneur. In response to her work the article point out some of the shortcoming of the assumptions made by Sara Sarasvathy. Also the article disagrees with her claims that studying psychological characteristics of entrepreneurs is irrelevant to add to the theories of entrepreneurship.
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i agree with the article that the psychological characteristics of the entrepreneurs doesn't need to be relevant to all the theories of entrepreneurship. it shouldn't be stated that all the psychological characteristics play a major role in the theory, which is very unlikely to be true.
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