35 / DREAM - DOCTORAL SEMINAR ON ENTREPRENEURSHIP AS MAKING


23 – 27 May 2011   print this page

Course directors:

Slavica Singer, University of Osijek, Croatia
Saras Sarasvathy, Darden School, University of Virginia, India


Course description:

DREAM is based on ideas related to effectual entrepreneurship.

Entrepreneurship research is a relatively young discipline that has until recently been focused on the recognition and discovery of opportunities. As it grows up and engages in a more serious conversation with the history of ideas, an additional exciting agenda might consist in researching entrepreneurship not only as finding but also as ‘making’ new opportunities, firms, markets and institutions. Intellectual inspiration for this agenda comes from works such as Herbert Simon’s Sciences of the Artificial, Nelson Goodman’s Ways of Worldmaking, and James Buchanan and Victor Vanberg’s Market as a Creative Process.

Purpose of DREAM is to map the possibilities for an agenda for entrepreneurship research that relaxes the assumption that most key variables in our models are exogenous to the decision process; that outcomes are largely determined through pre-existing stable relationships between those variables; and that we are caught in a strict dichotomous choice between micro and macro levels of analysis.

Programme offers 5 ECTS credits, there are no special requirements; students have present their research proposals and submit their final papers.


Course lecturers:

Slavica Singer, University of Osijek, Croatia
Stuart Read, IMD business school, Switzerland
Saras Sarasvathy, Darden School, University of Virginia, India


Work Schedule:

DREAM – Doctoral seminar on Entrepreneurship as Making, Dubrovnik

All sessions to be co-led by Saras Sarasvathy and Stuart Read

MONDAY, MAY 23

1st Session

09.00 – 12.30 (coffee break: 10.30 – 11.00)

 Opening remarks by Saras Sarasvathy: Introduction to a “made” view of entrepreneurship – antecedents and prospects

 Open conversation on selected readings from Made as well as Found

LUNCH BREAK, 12.30 – 13.30

2nd Session

13.30 – 17.00 (coffee break: 15.00 – 15.30)

Big ideas in economics:

 Coase, R. H. 1937. The nature of the firm. Economica. 4(16): 386-405

 Olson, M., Jr. 1996. Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor. The Journal of Economic Perspectives, 10(2): 3-24.

 Williamson, O. E. 2000. The New Institutional Economics: Taking Stock, Looking Ahead. Journal of Economic Literature, 38(3): 595-613.

 Boudreaux, D. J. and Holcombe, R. G. 1989. The Coasian and Knightian Theories of the Firm. Managerial and Decision Economics, 10: 147-154.

TUESDAY, MAY 24

3rd Session

09.00 – 12.30 (coffee break: 10.30 – 11.00)

Economic ideas of direct importance to entrepreneurship:

 Schumpeter, J. 1976. The Process of Creative Destruction, Capitalism, Socialism and Democracy: 81-86. New York: Allen & Unwin.

 Hayek, F. A. 1977. Creative Powers of a Free Civilization. In F. Morley (Ed.), Essays on Individuality: 284-289: Liberty Press.

 Buchanan, J. M. and Vanberg, V. J. 1991. The Market as a Creative Process. Economics and Philosophy, 7: 167-186.

 Kirzner, I. 1997. Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach, Journal of Economic Literature. 35: 60-85

LUNCH BREAK, 12.30 – 13.30

4th Session

13.30 – 17.00 (coffee break: 15.00 – 15.30

Effectuation

 Elements of Entrepreneurial Expertise – by Saras Sarasvathy

WEDNESDAY, MAY 25

5th Session

09.00 – 12.30 (coffee break: 10.30 – 11.00)

Effectuation and Marketing: Researching effectual entrepreneurship – empirical approaches

 Read, S., Dew, N., Sarasvathy, S. D. and Wiltbank, R. 2009. Marketing under uncertainty: The logic of an effectual approach. Journal of Marketing, 73: 1-18

 Stuart Read, Michael Song, Willem Smit. A meta-analytic review of effectuation and venture performance, Journal of Business Venturing, In Press, Corrected Proof, Available online 4 June 2008

LUNCH BREAK, 12.30 – 13.30

6th Session

13.30 – 17.00 (coffee break: 15.00 – 15.30

Students begin work on crafting research questions – one-on-one meetings with Saras Sarasvathy and Stuart Read

THURSDAY, MAY 26

7th Session

09.00 – 12.30 (coffee break: 10.30 – 11.00)

Effectuation and Private Equity

 Wiltbank, R., Read, S., Dew, N., and Sarasvathy, S. D. 2009. Prediction and control under uncertainty: Outcomes in angel investing, Journal of Business Venturing, 24(2): 116-133

LUNCH BREAK, 12.30 – 13.30

8th Session

13.30 – 17.00 (coffee break: 15.00 – 15.30)

Designing Effective Research Projects in Entrepreneurship

Managing the journal publication process

FRIDAY, MAY 27

9th Session

09.00 – 12.30 (coffee break: 10.30 – 11.00)

Students present research proposals and obtain feedback – which they will incorporate into their final papers. The final papers can be due end of August 2011 – Saras Sarasvathy will provide feedback electronically.

LUNCH BREAK, 12.30 – 13.30

10th Session

Summing up the research agenda perspectives from [DREAM]