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Entrepreneurial decision-making and expertise acquisition: a study among Sri Lankan microfinance borrowers

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posted on 2024-11-12, 12:51 authored by Nadeera Ranabahu
This thesis examines the entrepreneurial decision-making and expertise acquisition process of business owners who borrow from a large microfinance institute in Sri Lanka. Due to the small size, informal nature, and family involvement in their businesses, these borrowers, who are mainly women, are termed micro-entrepreneurs. This study uses effectuation (i.e., means-driven thinking) and causation (i.e., predictive thinking) theories in entrepreneurship (Sarasvathy 2001) to examine business decision-making and examines the link between effectuation/causation and deliberate practice (i.e., continuous rehearsal of tasks for performance improvement) (Ericsson 2006a). The thesis used a mixed method approach with data collected from a survey, interviews, daily activity journals, group discussions, focus groups, and observations. Both quantitative and qualitative analytical tools were used to analyse the data.

History

Year

2017

Thesis type

  • Doctoral thesis

Faculty/School

School of Management, Operations and Marketing

Language

English

Disclaimer

Unless otherwise indicated, the views expressed in this thesis are those of the author and do not necessarily represent the views of the University of Wollongong.

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