5 Questions
What is entrepreneurial behavior often seen as?
Activities directed at creating and guaranteeing the viability of new ventures
What is the focus of the effectuation theory's tenets discussed in the text?
Conceptualizing the implications for entrepreneurial behavior and team formation processes
What is one of the limitations mentioned in the text?
The study does not conceptualize any direct theoretical impact on new venture performance
In what contexts should teams be formed through action-interaction?
In high-technology industries where disruptive innovations are more common
What does the text suggest about the effectuation theory?
It is a relatively young theory that is still being scrutinized by the scholarly community
Test your understanding of the update on entrepreneurial behavior conceptualizations in light of emerging theories of entrepreneurship, focusing on the expanded concept, action, interactions, and environmental influences in entrepreneurs' actions.
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