Year

2017

Degree Name

Doctor of Philosophy

Department

School of Management, Operations and Marketting

Abstract

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.

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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.