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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | The production of entrepreneurial opportunity: A constructivist perspective |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | Strategic Entrepreneurship Journal |
| Publisher | John Wiley & Sons Ltd. |
| Geographical Reach | international |
| ISSN | 1932-4391 |
| Volume | 4 |
| Number | 1 |
| Page Range | 66 - 84 |
| Date | 2010 |
| Abstract Text | This article presents a conceptual model of entrepreneurial opportunity production from a constructivist perspective. The model assumes that opportunity production proceeds through several stages, including conceptualization of an opportunity idea by an entrepreneur, objectification of that idea, and enactment of the opportunity into a new venture. However, not all opportunity ideas survive this full process. Between the conceptualization stage and the objectification stage, some ideas are abandoned due to inadequate objectification. Also, between the objectification stage and the enactment stage, some objectified opportunities are abandoned due to insufficient resource support. We identify variables that influence the likelihood that opportunity ideas will be objectified and other variables that influence the likelihood that objectified opportunities will be enacted, and these variables are incorporated into empirically testable propositions. In the discussion section, we describe several boundary conditions for our theory, contrast the theory with objectivist (discovery) theory, and derive implications for future research. |
| Free access at | DOI |
| Digital Object Identifier | 10.1002/sej.83 |
| Other Identification Number | merlin-id:7604 |
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