June 24, 2017
June 24, 2017
June 28, 2017
Entrepreneurship & Engineering Innovation
Effectuation is a theory of entrepreneurial action proposed by Sarasvathy (2008). Research shows that ‘effectuators’ (i.e., expert entrepreneurs) choose non-predictive approaches over predictive approaches when making business decisions. Non-predictive approaches are seen as more appropriate than predictive approaches in situations of high uncertainty, which is characteristic of entrepreneurship. Prior research has shown that students are significantly less likely to use effectuation than expert entrepreneurs. However, research has also shown that within student populations, there are some students who match the highly non-predictive approach that experienced entrepreneurs use.
This paper describes the development and early-stage pilot testing of an instrument designed to measure the use of effectual logic of undergraduate engineering students. The goal of the instrument is to understand student use of effectual logic overall, and understand how students use information about a situation to decide on appropriate approaches. Specifically, the instrument measures the choice between predictive and non-predictive approaches in a series of scenarios that are more or less appropriate for applying predictive and non-predictive logic.
In the study, we examine the development of initial pilot items, item dimensionality, and test-retest reliability. The research and instrument development is based on responses to a set of pilot items from 384 first year students in using a pre-post-test research design. Initial results suggest that the instrument’s items behave as a single factor and closely fit the Rasch model of ‘good’ measurement. Students showed highly stable choices with no significant change between the pre and post-test at the group level.
Pilot work suggests that the items are an effective basis for continued development and expansion of the instrument to the engineering students exclusively. The paper will focus on the next steps of developing and testing a more comprehensive instrument with this population. This instrument will use more than one prompt, with the prompts designed to vary the context of the items and create situations where effectuation is a logically reasonable or logically unreasonable approach.
Fernandez, T. M., & Duval-Couetil, N. (2017, June), Exploring Ways to Measure Entrepreneurial Mindset: The development of a Student-Focused Effectual Logic Assessment Instrument Paper presented at 2017 ASEE Annual Conference & Exposition, Columbus, Ohio. 10.18260/1-2--28344
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