Ideal for exploring the phenomenon of entrepreneurship, this note examines the difference between causal models and implementation. While the causal models are focused on maximizing profits by choosing the optimal strategy, implementation begins with determining how much one is willing to lose the use of limited resources in creative ways to create new goals, and new media. Effectuator then uses the process of building the company to bring other stakeholders on board and creatively uses the slack resources available in the world. At each stage in the process, he or she chooses the options that create more opportunities in the future. "Hide
by Saras Sarasvathy 7 pages. Publication Date: March 25, 2008. Prod. #: UV1179-PDF-ENG
Related Case Solutions & Analyses:
Regulatory Uncertainty and Corporate Responses to Environmental Protection in China
SecondMarket – Providing Liquidity for Shareholders of Privately Held iContact
Systems Infrastructure at Google (B)
Bank of America-Merrill Lynch
Technology Legend in China
Private Communications Corp. (B)
A Big (Double) Deal: Anadarko’s Acquisition of Kerr-McGee and Western Gas Resources
STRATEGIES FOR DEVELOPING VALUE ADDED TAX IN SAUDI ARABIA
Keirsey Style Personality – Self Assessment
Metapath Case
