.png?width=200&height=82&name=Effectuation%20Extended%20Logo%20(200%20%C3%97%2082%20px).png "Effectuation Extended Logo (200 × 82 px)")
.png?width=100&height=41&name=Effectuation%20Extended%20Logo%20(200%20%C3%97%2082%20px).png "Effectuation Extended Logo (200 × 82 px)"){kind=small}
Effectuation Publications Library
Access Journal Articles and Chapters Referencing Effectuation
Welcome to the Publications Library
You can search, filter and access papers and abstracts below.
Have a paper to submit? Go Here
Entrepreneurs’ Exploratory Perseverance in Learning Settings
2015
Katrin Muehlfeld Diemo Urbig Utz Weitzel
We introduce “exploratory perseverance” as a novel construct that captures perseverant behavior in settings in which several alternatives can be explored and evaluated. We suggest that entrepreneurs display exploratory perseverance reflected by a tendency to keep exploring broader sets of alternatives, to adopt a parallel rather than sequential approach to trial-and-error learning, and, after negative experiences with some alternatives, to be more inclined to give them a second chance. The results from an experimental study of 449 individuals participating in the Iowa Gambling Task indicate that more entrepreneurially experienced individuals display greater exploratory perseverance than those with little to no entrepreneurial experience.