Effectual entrepreneuring: sensemaking in a family-based start-up

Oswald Jones, Hongqin Li

Research output: Contribution to journalArticle

Abstract

In this paper we examine the microprocesses associated with a successful business established by two young brothers (16 and 18). The study is informed by recent processual approaches to entrepreneurship associated with effectuation theory and sensemaking. We also draw on literature related to personal dispositions, which are the basis of habitual behaviours. The empirical data are drawn from a longitudinal study of an unconventional family business which was created by the two brothers while still at school. Opportunities were created, rather than discovered, by optimizing limited familial resources during the early stages of start-up. We expand effectuation theory by demonstrating the role of sensemaking (enactment, selection and retention), familial influences on dispositions (habits, heuristics and routines) and experiential learning during the first three years of operation.
Original languageEnglish
Pages (from-to)467-499
JournalEntrepreneurship and Regional Development
Volume29
Issue number5-6
Early online date5 Mar 2017
DOIs
Publication statusE-pub ahead of print - 5 Mar 2017

Bibliographical note

This is an Accepted Manuscript of an article published by Taylor & Francis Group in Entrepreneurship & Regional Development on 5 Mar 2017, available online at: http://www.tandfonline.com/10.1080/08985626.2017.1297854

Keywords

  • Effectual entrepreneuring, sensemaking, family business

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