without external funding
Decision-making processes of entrepreneurs during the foundation process
Project Details
Project duration: 2016–2018
Abstract
During a foundation process decision-making takes place under uncertainty, so far many decision-making models, which include risk as a variable are not working. The entrepreneurs are able to follow causation and effectuation logic to make decisions. Within the project we are concentrating on the combination of these techniques as well as further possibilities to be able to decide appropriate in foundation process.
Keywords
Decision-making, entrepreneur, Entrepreneur, Entscheidung, Entscheidungslogik, foundation, founding, Gründung, logic