Formation and Constitution of Effectual Networks: A Systematic Review and Synthesis

Abstract The co‐creational processes of effectuation represent an important development in understanding of entrepreneurial action. They also manifest in networks that are themselves important artefactual outcomes of effectual processes. To synthesize research connecting effectuation to the networks involved, this paper offers a systematic literature review. Following recent theorizing, the authors organize the literature around two general themes: (1) why and how network development occurs; and (2) what network develops. The resultant thematic model offers a comprehensive perspective on network development under effectuation logic. The analysis identifies that understanding of effectual networking and effectual networks is fragmented, incomplete and constrained by a lack of construct and contextual clarity. The authors present alternative perspectives on constructs and assumptions surrounding networks in effectuation, integrate network theory into effectuation, and generate important trajectories for future research.