Conceptualizing post-disaster entrepreneurial decision-making: Prediction and control under extreme environmental uncertainty

Abstract

Understanding post-disaster entrepreneurial decision-making is crucial to the disaster recovery process. Such knowledge helps in the motivation of entrepreneurial actions that could restore disrupted entrepreneurial activities resulting from economic shock due to disasters. Notwithstanding that post-disaster environment is characterised by risk and uncertainty, entrepreneurs have demonstrated resilience. Effectuation and causation logics have presented the entrepreneurial process with pragmatic principles that make entrepreneurial decision-making feasible in an environment laden with all manner of constraints. Recent development in the field of entrepreneurship has seen the growth of effectual entrepreneurial research; however, a systematic understanding of how effectuation and causation logics contribute to post-disaster entrepreneurial decision-making is still largely needed.