Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/329930 
Year of Publication: 
2016
Citation: 
[Editor:] Weber, Yaakov [Editor:] Tarba, Shlomo Y. [Title:] Mergers and acquisitions, entrepreneurship and innovation [ISBN:] 978-1-78635-371-9 [Series:] Technology, Innovation, Entrepreneurship and Competitive Strategy [No.:] 15 [DOI/URN:] https://doi.org/10.1108/S1479-067X201615 [Publisher:] Emerald [Place:] Bingley [Year:] 2016 [Pages:] 111-149
Publisher: 
Emerald, Bingley
Abstract: 
As the developing nations grow and experience rapid institutional transformation, research has begun to investigate the roles of culture, cognition and institutional context on entrepreneurship and innovation. This chapter aims to advance the entrepreneurial cognition literature by juxtaposing entrepreneurial effectuation, domain-specific expertise and ambiguity. By conducting a qualitative study of Chinese high-tech domestic and returnee entrepreneurs, the authors propose a spectrum between causation and effectuation and argue that the entrepreneur’s perceived level of ambiguity may better explain differing logic orientations among entrepreneurs, contributing to our understanding of entrepreneurial cognition. The authors theorize that 1) individual actors and the level of institutional development jointly comprise the entrepreneur’s logic orientation; 2) the level of perceived ambiguity mediates the strategy adopted by high-tech entrepreneurs; 3) the entrepreneur's logic orientation can be regarded as a continual spectrum from effectuation to causation. Finally, the logic orientation concept is applied to the context of cross-border Mergers and Acquisitions (M&A) from a process perspective and the implications and fit of logic orientation with the stages of cross-border M&A are discussed.
Subjects: 
Effectuation
Entrepreneurial Cognition
Mergers and Acquisitions
Decision-Making
China
High-tech entrepreneurship
JEL: 
L26
D91
G34
D81
M13
O19
Z13
O32
Published Version’s DOI: 
Document Type: 
Book Part
Document Version: 
Accepted Manuscript (Postprint)
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