Title
Effectuation or causation to promote innovation in technology-based SMEs? The effects of strategic decision-making logics
Date Issued
01 January 2021
Access level
metadata only access
Resource Type
journal article
Author(s)
Publisher(s)
Routledge
Abstract
For technology-based SMEs, with severe resource restrictions, tackling the innovative dynamics successfully is a major challenge. Given the uncertainty of the process and the environment these firms face greater difficulties in their decision-making process. Effectuation and causation are two decision-making logics for situations of uncertainty that have recently been employed in the scope of innovation in SMEs. Although some studies have made important contributions, they have also revealed several gaps in the research. Our study seeks to address these gaps by analysing empirically the value of effectual and causal decision-making logic for innovation in technology-sector SMEs through these logics’ dimensions. Our results reveal that both effectuation and causation influence innovation through some of their dimensions.
Start page
797
End page
812
Volume
33
Issue
7
Language
English
OCDE Knowledge area
Negocios, Administración
Scopus EID
2-s2.0-85108302118
Source
Technology Analysis and Strategic Management
ISSN of the container
09537325
Source funding
European Commission
Sponsor(s)
This research was supported by the Spanish Ministry of Economy, Industry, and Competitiveness (Ref.: ECO2016-80677-R) and European Union (FEDER Grant).
Sources of information: Directorio de Producción Científica Scopus