An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures

<p dir="ltr">The evolution of digital platforms and related ecosystems has led to a new and essential context of entrepreneurship. Previous studies have revealed that although high-tech new ventures possess cutting-edge technology, they face significant challenges because of vital re...

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Main Author: Sachin Kamble (14118639) (author)
Other Authors: Nripendra P. Rana (15955243) (author), Shivam Gupta (600768) (author), Amine Belhadi (10118292) (author), Rohit Sharma (286462) (author), Praveen Kulkarni (433608) (author)
Published: 2023
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author Sachin Kamble (14118639)
author2 Nripendra P. Rana (15955243)
Shivam Gupta (600768)
Amine Belhadi (10118292)
Rohit Sharma (286462)
Praveen Kulkarni (433608)
author2_role author
author
author
author
author
author_facet Sachin Kamble (14118639)
Nripendra P. Rana (15955243)
Shivam Gupta (600768)
Amine Belhadi (10118292)
Rohit Sharma (286462)
Praveen Kulkarni (433608)
author_role author
dc.creator.none.fl_str_mv Sachin Kamble (14118639)
Nripendra P. Rana (15955243)
Shivam Gupta (600768)
Amine Belhadi (10118292)
Rohit Sharma (286462)
Praveen Kulkarni (433608)
dc.date.none.fl_str_mv 2023-08-01T00:00:00Z
dc.identifier.none.fl_str_mv 10.1016/j.techfore.2023.122646
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/An_effectuation_and_causation_perspective_on_the_role_of_design_thinking_practices_and_digital_capabilities_in_platform-based_ventures/23259746
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Business systems in context
Psychology
Applied and developmental psychology
Entrepreneurship
Platform
Effectuation
Causation
Digital capabilities
Design thinking
dc.title.none.fl_str_mv An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">The evolution of digital platforms and related ecosystems has led to a new and essential context of entrepreneurship. Previous studies have revealed that although high-tech new ventures possess cutting-edge technology, they face significant challenges because of vital resource constraints and limited management capability. Design thinking practices have emerged as a prominent problem-solving approach offering innovation benefits during high uncertainties. However, in the context of high-tech ventures, more research is needed on linking the relationship between design thinking principles, innovation theories (effectuation and causation), and firm performance. The present study investigates how the design thinking principles influence innovation theories and whether it leads to improved high-tech venture performance. Based on a survey of 291 platform-based start-ups in India, the results show that design thinking ways are well integrated into the theories of effectuation and causation, facilitating the growth of platform-based ventures. However, the influence of effectuation and causation on platform-based venture performance is found to be mediated through the digital capabilities acquired by these ventures.</p><h2>Other Information</h2><p dir="ltr">Published in: Technological Forecasting and Social Change<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://doi.org/10.1016/j.techfore.2023.122646" target="_blank">https://doi.org/10.1016/j.techfore.2023.122646</a></p>
eu_rights_str_mv openAccess
id Manara2_0d9095117e7850af3a26fdb53d4a5ac6
identifier_str_mv 10.1016/j.techfore.2023.122646
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/23259746
publishDate 2023
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rights_invalid_str_mv CC BY 4.0
spelling An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based venturesSachin Kamble (14118639)Nripendra P. Rana (15955243)Shivam Gupta (600768)Amine Belhadi (10118292)Rohit Sharma (286462)Praveen Kulkarni (433608)Commerce, management, tourism and servicesBusiness systems in contextPsychologyApplied and developmental psychologyEntrepreneurshipPlatformEffectuationCausationDigital capabilitiesDesign thinking<p dir="ltr">The evolution of digital platforms and related ecosystems has led to a new and essential context of entrepreneurship. Previous studies have revealed that although high-tech new ventures possess cutting-edge technology, they face significant challenges because of vital resource constraints and limited management capability. Design thinking practices have emerged as a prominent problem-solving approach offering innovation benefits during high uncertainties. However, in the context of high-tech ventures, more research is needed on linking the relationship between design thinking principles, innovation theories (effectuation and causation), and firm performance. The present study investigates how the design thinking principles influence innovation theories and whether it leads to improved high-tech venture performance. Based on a survey of 291 platform-based start-ups in India, the results show that design thinking ways are well integrated into the theories of effectuation and causation, facilitating the growth of platform-based ventures. However, the influence of effectuation and causation on platform-based venture performance is found to be mediated through the digital capabilities acquired by these ventures.</p><h2>Other Information</h2><p dir="ltr">Published in: Technological Forecasting and Social Change<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://doi.org/10.1016/j.techfore.2023.122646" target="_blank">https://doi.org/10.1016/j.techfore.2023.122646</a></p>2023-08-01T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.techfore.2023.122646https://figshare.com/articles/journal_contribution/An_effectuation_and_causation_perspective_on_the_role_of_design_thinking_practices_and_digital_capabilities_in_platform-based_ventures/23259746CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/232597462023-08-01T00:00:00Z
spellingShingle An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
Sachin Kamble (14118639)
Commerce, management, tourism and services
Business systems in context
Psychology
Applied and developmental psychology
Entrepreneurship
Platform
Effectuation
Causation
Digital capabilities
Design thinking
status_str publishedVersion
title An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
title_full An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
title_fullStr An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
title_full_unstemmed An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
title_short An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
title_sort An effectuation and causation perspective on the role of design thinking practices and digital capabilities in platform-based ventures
topic Commerce, management, tourism and services
Business systems in context
Psychology
Applied and developmental psychology
Entrepreneurship
Platform
Effectuation
Causation
Digital capabilities
Design thinking