Are opportunities recognized or constructed?: An information perspective on entrepreneurial opportunity identification

Ivan P. Vaghely and Pierre-André Julien

Journal of Business Venturing, 2010, vol. 25, issue 1, 73-86

Abstract: Using a case study of ten SMEs the authors apply a model of human information processing which provides a frame to help understand the entrepreneur's use of information to identify opportunities. Their model integrates an algorithmic or pattern type of information processing and a heuristic or trial and error type of information processing into a pragmatic frame of the entrepreneur's opportunity recognition-construction mechanism. This article shows how human information processing can moderate entrepreneurial opportunity identification.

Keywords: Entrepreneurial; information; processing; Entrepreneurial; opportunity; identification; Cognitive; and; constructionist; perspectives; Algorithmic; and; heuristic; information; processing (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (65)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:25:y:2010:i:1:p:73-86

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