Table I.

Effectuation review studies

AuthorsObjectiveStudyMain findings
Perry et al. (2012) Review the literature on effectuation and propose to conduct rigorous future empirical studiesSystematic literature review
(29 papers)
Research is in the transition to an intermediate stage
Effectuation helps to understand entrepreneurship but there are few empirical tests, despite having a theoretical model
The authors propose a research agenda for rigorous empirical studies
Ghorbel and Boujelbène (2013) Classify and summarize relevant research and identify future directionsSystematic literature review
(122 papers)
Entrepreneurs differ from managers because they use effectual logic
Researchers should develop more empirical research, as well as theoretical analysis
Pawêta (2016) Systematize the literature of international entrepreneurship with interface with effectuationSystematic literature review
(94 papers)
Both works of literature recognize the use of different causal and effectual logic
Future empirical studies need to analyze the intersection of effectuation and international entrepreneurship
Matalamäki (2017) Investigate the theoretical development stage of effectuationSystematic literature review
(81 papers)
There are four types of related themes: innovation and product development; internationalization; effectuation and causation simultaneously; and entrepreneurial expertise. There is an inconclusive “battle” with different points pointed out by the researchers
Read, Song, and Smit (2009) Measure the relationship between effectual principles and the performance of new venturesMeta-analysis
(9,897 companies)
The authors review the concepts of effectuation principles
Performance is positively related to “what I know,” “who I am” and “whom I know”
Werhahn et al. (2015) Develop the concept and propose a scale for measuring the level of effectual guidanceExtensive literature review, scale development and validation (1,837 companies)Through an extensive literature review, the authors define the concept of effectual orientation from a strategic perspective
The authors develop a multidimensional model that measures effectual orientation
Source: By the authors

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