Is entrepreneurial thinking valuable to an organization?
Please also comment on the experience of reading this kind of pre-digested clippings vs going directly to the source.
Please also comment on the experience of reading this kind of pre-digested clippings vs going directly to the source.
 clipped from blogs.harvardbusiness.org
What makes entrepreneurs "entrepreneurial?" Specifically, is there such as thing as "entrepreneurial thinking" — and does it differ in important ways from, say, how MBAs think about problems and seize opportunities? The answer, Sarasvathy concludes, is an emphatic yes — and the differences boil down to the "causal" reasoning used by MBAs versus the "effectual" reasoning used by entrepreneurs. Causal reasoning, she explains, "begins with a pre-determined goal and a given set of means, and seeks to identify the optimal — fastest, cheapest, most efficient, etc. Effectual reasoning, on the other hand, "does not begin with a specific goal. Instead, it begins with a given set of means and allows goals to emerge contingently over time from the varied imagination and diverse aspirations of the founders and the people they interact with." begin with three simple sets of resources: "Who they are" "What they know" "Whom they know"
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