Saras D Sarasvathy

Biographic Data

ID3485060
NAMESaras D Sarasvathy
GIVEN NAMESSaras D
FAMILY NAMESarasvathy
SIGNATURESARASVATHY S D
AFFILIATIONSUniversity of Virginia
ORCID0000-0001-9135-0150
VERIFIEDYes
TOTAL WORKS15
TOTAL CITATIONS5
AUTHOR COUNT14
EDITOR COUNT1
FIRST PUBLICATION YEAR2001
LATEST PUBLICATION YEAR2024
H-INDEX1

  • Effectuation and Open Innovation

    Saras D Sarasvathy, Saras SarasvathyCHAPTEROxford Handbook of Open Innovation2024

    The effectual process used by expert entrepreneurs is open in the face of uncertainty and goal ambiguity. But, for the most part, it is not intentionally innovative. Even though it increases the probability of innovation, that innovation typically occurs in spite of, rather than because of, effectuators’ intentions to innovate. Open innovation, in contrast, is conceptualized as purposive use of knowledge flows across organizational boundaries, th…

  • Questions worth asking for futures worth making

    Open AccessSaras D Sarasvathy, Saras SarasvathyARTICLESmall Business Economics2023

    It is not unusual in the psychology and economics of entrepreneurship to focus on decision models based on predictive reasoning that explain outcomes such as venture creation (at the micro level), firm performance (meso level), or job creation (macro level). However, in this article, derived from the literature on entrepreneurial expertise, I argue for an embrace of uncertainty, where outcomes are not only unknown, but unknowable, hence undermini…

  • Bringing People to the Table in New Ventures

    Open AccessSaras D Sarasvathy, Helet BothaARTICLENegotiation Journal2022

    When building new ventures, entrepreneurs confront the three problems of Knightian uncertainty, goal ambiguity, and isotropy. The literature on effectuation offers a framework for action, interaction, and reaction within the prediction control space that can help entrepreneurs tackle the above three problems. In this article, we offer a framework consisting of four approaches to negotiation that populate the prediction-control space, namely, Pitc…

  • Shaping Entrepreneurship Research

    Nick Dew, Saras D Sarasvathy et al.BOOKShaping Entrepreneurship Research2020

  • Effectual exchange

    Open AccessGry Agnete Alsos, Tommy Høyvarde Clausen et al.ARTICLESmall Business Economics2020

  • Choice matters

    Open AccessSaras D SarasvathyARTICLEMind & Society2020

  • Expertise and Entrepreneurship

    Open AccessSaras D Sarasvathy, Stuart ReadCHAPTERWiley Encyclopedia of Management2015

    Recently there is a move to study entrepreneurship as expertise: a set of skills, models, and processes that can be acquired with time and deliberate practice. Effectual reasoning, or expert entrepreneurial reasoning, however, does not begin with a specific goal. Instead, it begins with a given set of means and allows goals to emerge contingently over time from the varied imagination and diverse aspirations of the founders and the people they int…

  • Business Angel Network

    Open AccessSaras D Sarasvathy, Robert WiltbankCHAPTERWiley Encyclopedia of Management2015

    Business angel “networks,” such as the Band of Angels in Silicon Valley and the Alliance of Angels in the Pacific Northwest have been forming at a rapid pace. It is estimated that there are over 150 business angel networks in the United States and several in European and Asian countries. Books and web sites on business angels continue to proliferate. From a research standpoint, however, in spite of the considerably larger magnitude of business an…

  • Failing firms and successful entrepreneurs

    Open AccessSaras D Sarasvathy, Ajit Menon et al.ARTICLESmall Business Economics2013

  • Worldmaking

    Open AccessSaras D Sarasvathy, Saras SarasvathyCHAPTEREntrepreneurial Action2012

    This chapter outlines a general framework for studying the entrepreneurial method. Simply put, what the scientific method has afforded us in terms of understanding the actual world we live in, the entrepreneurial method enables us in terms of making new ones. At least one key ingredient of the entrepreneurial method for worldmaking consists in the logic of effectuation identified through a decade long research program into the elements of entrepr…

  • Reflections on the 2010 Amr Decade Award

    Sankaran Venkataraman, Saras D Sarasvathy et al.ARTICLEAcademy of Management Review2012

    The article of record as published may be located at http://dx.doi.org/10.5465/amr.2011.0079

  • “L'effectuation, une approche pragmatique et pragmatiste de l'entrepreneuriat”

    Saras D Sarasvathy, Olivier GermainARTICLERevue de l’Entrepreneuriat2011

  • Effectuation

    Saras D SarasvathyBOOKEffectuation2008

    To effectuate is to engage in a specific type of entrepreneurial action. It has special importance for situations where the future is truly unknowable or human agency is of primary importance. In Effectuation, Saras Sarasvathy explores the theory and techniques of non-predictive control for creating new firms, markets and economic opportunities.

  • Entrepreneurship as a science of the artificial

    Open AccessSaras D SarasvathyARTICLEJournal of Economic Psychology2003Cited by: 5References: 10

  • Causation and Effectuation

    Saras D SarasvathyARTICLEAcademy of Management Review2001

    Saras D. Sarasvathy, Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency, The Academy of Management Review, Vol. 26, No. 2 (Apr., 2001), pp. 243-263