Properties of opportunity creation and discovery: Comparing variation in contexts of innovativeness
Raymond J. Jones and
Anat Barnir
Technovation, 2019, vol. 79, issue C, 1-10
Abstract:
The context in which entrepreneurs operate and the innovative nature of the new venture are major factors in entrepreneurial performance and success. Here, we explore the nature of entrepreneurial opportunities and their innovativeness in the context of the discovery–creation debate about the emergence of opportunities. We empirically capture the relevance of these two perspectives ad hoc by linking the assumptions of the formation process to specific properties of entrepreneurial actions under different environmental contexts of innovativeness. The results indicate that the environmental context entrepreneurs operate in can vary based on certain constraints. Additionally, we found that within specific contexts of discovery or creation, the process of opportunity emergence varies. Specifically, we find that search activities and formal funding are utilized more in a discovery context whereas entrepreneurial experience is more relevant in a creation context.
Keywords: Entrepreneurial opportunity; Discovery; Creation; Innovativeness; External environment (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0166497218301214
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:techno:v:79:y:2019:i:c:p:1-10
DOI: 10.1016/j.technovation.2018.02.014
Access Statistics for this article
Technovation is currently edited by Jonathan Linton
More articles in Technovation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().