Entrepreneurial opportunities as propensities: Do Ramoglou & Tsang move the field forward?
Per Davidsson
Journal of Business Venturing Insights, 2017, vol. 7, issue C, 82-85
Abstract:
Ramoglou & Tsang's (R&T) article “A realist perspective of entrepreneurship: Opportunities as propensities” is a recent, potentially influential addition to the literature on “entrepreneurial opportunities”. This short communication argues that R&T's intellectual exercise largely fails to move matters forward on the two most central problems with prior research on “entrepreneurial opportunities”, namely 1) lack of construct clarity and 2) slow progress regarding how characteristics of “entrepreneurial opportunities” give shape to entrepreneurial action and outcomes. I suggest that entrepreneurship researchers should avoid the detour of conceptually dichotomizing complex and empirically non-tractable sets of external circumstances into “opportunities” vs. “non-opportunities” and instead direct attention to multi-dimensional and continuous variation in “those [evolving] entities which entrepreneurs actually evaluate and [sometimes] act upon” (and which should not be mislabeled as “opportunities”). For this endeavor, the notion of “agency-intensity” is the primary take-away from R&T's study.
Keywords: Opportunity; New venture idea; Construct clarity; Research implications; Realism (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2352673416300038
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:7:y:2017:i:c:p:82-85
DOI: 10.1016/j.jbvi.2016.02.002
Access Statistics for this article
Journal of Business Venturing Insights is currently edited by Dimo Dimov
More articles in Journal of Business Venturing Insights from Elsevier
Bibliographic data for series maintained by Catherine Liu ().