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Effectuation as a construct for new business formation in South Africa

The field of entrepreneurship research offers differing theories regarding the
underlying behaviours of entrepreneurs. These theoretical frameworks describe
the behaviours and principal thought processes that entrepreneurs use to create
new businesses. The unique attributes of the South African context,
characterised by high unemployment and low entrepreneurial activity, together
with new business formation make this field of research particularly important.
Some of the major theoretical frameworks were reviewed in the study, and a
qualitative study was employed using the Grounded Theory approach.
Ten successful entrepreneurs were interviewed for the study and the data
collected was used to provide insight into their behaviour and particularly sought
to determine whether principles from Effectual Theory were present. The findings
of the research supported some aspects of the important theoretical frameworks,
emphasising the need for a multitude of perspectives rather than a single best
framework. Particularly strong evidence of effectual entrepreneurial behaviours
were found in the data, supporting the Theory of Effectuation as a construct for
new business formation in South Africa. / Dissertation (MBA)--University of Pretoria, 2014. / lmgibs2015 / Gordon Institute of Business Science (GIBS) / Unrestricted

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:up/oai:repository.up.ac.za:2263/45025
Date January 2014
CreatorsSabdia, Khaleel
ContributorsMarks, Jonathan, ichelp@gibs.co.za
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeMini Dissertation
Rights© 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.

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