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Abstract

Entrepreneurs’ decision-making process is one of the main research topics in entrepreneurship studies. This research aims to conceptualize the antecedents of new venture creation decision in Iranian high tech industries. The research utilizes an innovative non-teleological approach in order to take into account the specific regional context of Iran. Most research into entrepreneurial decision making utilizes teleological approaches; however, these models could not adequately explain the phenomena within the Iranian context. This qualitative study utilized event- based interviews with 20 nascent entrepreneurs. Results from coding, categorizing and validating the research findings, revealed 3 main categories as antecedents of new venture creation decision. Accordingly, concepts of entrepreneurial meta-cognition; primary actions and receiving feedback; and positive attitude toward change, constitute the main antecedents of new venture creation decision in this context. The findings also reveal the non-teleological nature of entrepreneurial decision-making, and adoption of some effectuation logics in the studied decision-making process.

Keywords

Entrepreneurship, Process, New Venture Creation, Decision-Making, Non-Teleological Approach

Author Bio(s)

Mehdi Zivdar is a PhD candidate in Entrepreneurship at the Faculty of Entrepreneurship of University of Tehran. He holds a Master’s degree in this same discipline from this same university. His area of study is New Venture Creation, and his research expertise includes qualitative and mixed research methods. Correspondence regarding this article can be addressed directly to: mehdizivdar@ut.ac.ir.

Narges Imanipour is an associate professor in Entrepreneurship at University of Tehran. She holds PhD in Industrial Engineering. Her teaching and research program focus on venture creation, SMEs, business models and decision making. Correspondence regarding this article can also be addressed directly to: University of Tehran, Faculty of Entrepreneurship, 16th. North Karegar St., Tehran; Email: nimanip@ut.ac.ir.

Publication Date

3-5-2017

Creative Commons License

Creative Commons Attribution-Noncommercial 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.

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