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Effectual Entrepreneurship

Buch | Softcover
530 Seiten
2025 | 3rd edition
Routledge (Verlag)
978-1-032-42728-7 (ISBN)
CHF 104,70 inkl. MwSt
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Whether you come to this book as an entrepreneurship student, a corporate manager, someone seeking regenerative social change, or a seasoned creator of new ventures, you already know that entrepreneurship is the primary engine of growth, innovation, and financial self-reliance.

What you will discover in this book is that there is a science to entrepreneurship—a shared logic that can be observed in expert entrepreneurs across industries, geographic locations, and time. We call this logic effectuation – which means working with things already within your control to co-create valuable new futures with people who want to work with you.

At the heart of the book, you will find the four core principles of effectuation which expert entrepreneurs follow when creating new ventures, products, and markets:



Start with your means


Set affordable loss


Form partnerships


Leverage contingencies


In this book, each of these core principles is explained through cases, stories, thought exercises, and a variety of practical applications.



Presented in the concise, modular, graphical form made popular in previous editions, Effectual Entrepreneurship is perfect both for those seeking to become entrepreneurs, and those already in the thick of things!

A wealth of thought-provoking material, expert advice and practical techniques resides in these pages and on the accompanying website: www.effectuation.org.

Saras Sarasvathy is the Paul M Hammaker Professor of Business Administration at The Darden School of Business, University of Virginia (USA). Glen B. Wheatley is Managing Director of Best Solutions International Group, entrepreneur, thought and cultural nomad, and adjunct academic at the University of Adelaide (Australia).

Contents

Acknowledgements - insert page number

Introduction: The science of entrepreneurship - insert page number

How to use this book - insert page number

About the Co-Creators - insert page number

PART I
What we know about entrepreneurs and entrepreneurship - insert page number

1 Roadmaps, myths and the Bahamas - insert page number

2 Good ideas are everywhere - insert page number

3 Most ventures require little startup capital- insert page number

4 The plunge doesn’t have to be a plunge at all - insert page number

5 Failing as the way forward - insert page number

PART II
How (expert) entrepreneurs think - insert page number

6 Prediction, risk and uncertainty - insert page number

7 Opportunities are created as well as discovered - insert page number

8 Managing uncertainty through control - insert page number

9 The effectual logic of expert entrepreneurs - insert page number

PART III
The nuts and bolts of venturing: Effectuation in action - insert page number

10 The bird-in-hand principle: Start with what you have - insert page number

11 Transforming means into something valuable - insert page number

12 The affordable loss principle: Risk little, fail cheap - insert page number

13 Using slack for bootstrap financing - insert page number

14 The crazy quilt principle: Form partnerships - insert page number

15 Asking potential partners to make commitments - insert page number

16 The lemonade principle: Leverage surprise - insert page number

17 Putting it together: The effectuation process - insert page number

PART IV
I am an entrepreneur now: How far can I go? - insert page number

18 Ownership, equity and control: Manage stakeholders - insert page number

19 Business plans and business models - insert page number

20 The venture grows up: Create an entrepreneurial culture - insert page number

PART V
Applications of effectuation - insert page number

21 Brand as venture identity: Marketing you - insert page number

22 Technology: Means, Outcome, or Trap? - insert page number

23 Social Change & Markets in Human Hope - insert page number

Conclusion - insert page number

List of figures - insert page number

Overview of “Practically Speaking” sections - insert page number

Overview of “Research Roots” section - insert page number

Image acknowledgments - insert page number

Index - insert page number

Erscheint lt. Verlag 16.4.2025
Zusatzinfo 29 Tables, black and white; 5 Line drawings, color; 311 Halftones, color; 316 Illustrations, color
Verlagsort London
Sprache englisch
Maße 210 x 280 mm
Themenwelt Mathematik / Informatik Mathematik Finanz- / Wirtschaftsmathematik
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre
ISBN-10 1-032-42728-0 / 1032427280
ISBN-13 978-1-032-42728-7 / 9781032427287
Zustand Neuware
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