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dc.contributor.authorDew, Nicholas
dc.contributor.authorRead, Stuart
dc.contributor.authorSarasvathy, Saras D.
dc.contributor.authorWiltbank, Robert
dc.date.accessioned2014-05-15T23:16:47Z
dc.date.available2014-05-15T23:16:47Z
dc.date.issued2008
dc.identifier.citationJournal of Economic Behavior & Organization, Vol. 66, pp. 37-59, 2008.
dc.identifier.urihttp://hdl.handle.net/10945/41243
dc.descriptionThe article of record as published may be found at http://dx.doi.org/10.1016/j.jebo.2006.10.008en_US
dc.description.abstractIn A Behavioral Theory of the Firm (BTF), Cyert and March [Cyert, R.M., March, J.G., 1963. A Behavioral Theory of the Firm. Prentice-Hall, Englewood Cliffs, NJ] present a clutch of ideas for explaining the behavior of established firms within an environment of well-defined markets, stakeholder relationships, technologies, and so on. In this paper, we outline a behavioral theory of the entrepreneurial firm that emphasizes transforming environments rather than acting within extant ones. In particular, we explicate three ideas that parallel key concepts in BTF: (1) accumulating stakeholder commitments under goal ambiguity (in line with a political conception of goals), (2) achieving control (as opposed to managing expectations) through non-predictive strategies, and (3) predominately exaptive (rather than adaptive) orientation.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleOutlines of a behavioral theory of the entrepreneurial firmen_US
dc.typeArticleen_US
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.subject.authorEntrepreneurshipen_US
dc.subject.authorEffectuationen_US
dc.subject.authorDesignen_US
dc.subject.authorExaptationen_US
dc.subject.authorNon-predictive controlen_US


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