Hinz, Andreas

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Hinz, Andreas

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Publikation

Connecting the dots. Effectuation and lean startup

2019, Hinz, Andreas, Eisenbart, Barbara, Belgiawan, Prawira Fajarindra, Mayangsari, Lidia, Wasesa, Meditya, Windasari, Nila Armelia, Wulansari, Amilia, Aprianingsih, Atik, Aprilianty, Fitri

Accelerated progress in digitalization calls for more entrepreneurial thinking and venturing in an uncertain and fast changing environment. This applies not only to startups but also to established companies. In both cases, entrepreneurial thinking and behavior helps to develop future business opportunities with benefits for new products and business model innovation. Entrepreneurial teachings such as effectuation and the lean startup methodology have significantly improved the tool kit for entrepreneurs in recent years. This paper seeks to combine these two research streams in order to examine how additional insights can be gained in practice at the example of an integrated e-healthcare system in Switzerland. In times of ageing societies where rising health care costs are met by limited resources, digitalized processes can reap significant benefits. Developing digitalized diagnostic solutions – with the help of entrepreneurial effectuation and the lean startup methodology – will enable cost-efficient hom

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Publikation

The link between self-efficacy and effectuation. What do entrepreneurs think?

2018, Hinz, Andreas, Philippi, Stefan

Exploring causal relationships between self-efficacy and effectuation can provide valuable insights into entrepreneurial behaviour. Antecedents of entrepreneurial self-efficacy are examined including performance accomplishments, vicarious experience, means and entrepreneurial experience. Different effectual behaviours such as forming partnerships, exploiting contingencies, addressing affordable loss and using experimentation are studied. Based on earlier work on the subject, this article reviews self-efficacy and effectuation as well as a conceptual model that links these two concepts. The reviewed model highlights the impact of the antecedents of entrepreneurial self-efficacy as well as the impact of entrepreneurial self-efficacy on effectual behaviours. Going beyond the conceptual nature of earlier work, this article presents empirical findings in order to contribute to the discussion and build understanding of the matter. Semi-structured interviews with ten entrepreneurs were conducted in five countries ac