IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v27y2022i03ns1084946722500224.html
   My bibliography  Save this article

The Effect Of Effectuation Principles On Opportunity Exploitation By Entrepreneurs In A Developing Economy

Author

Listed:
  • FRIDA PACHO

    (Department of Business Studies, Mzumbe University, P.0.Box 6559, Mbeya Campus, Mbeya, Tanzania)

Abstract

This study aims to explore the direct effect of effectual means (who I am, who I know, what I have) on the successful exploitation of opportunity by new ventures. Resource acquisition and strategy implementation ability are employed as indicators of opportunity exploitation. We also examine the mediating role of particular, effectual principles on the relationship between effectual means and opportunity exploitation. A total of 462 owners of early-stage small and medium enterprises (SMEs) in Tanzania were surveyed. Structural Equation Modeling (SEM) and hierarchical regression were used to test a set of hypotheses. The results demonstrate that effectual means positively affected both resource acquisition ability and strategy implementation ability. Mediation effects differed based on the type of effectual means and different elements comprising opportunity exploitation. Implications are drawn from the results for theory and practice.

Suggested Citation

  • Frida Pacho, 2022. "The Effect Of Effectuation Principles On Opportunity Exploitation By Entrepreneurs In A Developing Economy," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 27(03), pages 1-25, September.
    • Handle: RePEc:wsi:jdexxx:v:27:y:2022:i:03:n:s1084946722500224
    DOI: 10.1142/S1084946722500224
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946722500224
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1084946722500224?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jdexxx:v:27:y:2022:i:03:n:s1084946722500224. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.