Three Views of Entrepreneurial Opportunity

Sarasvathy, Saras D.; Dew, Nicholas; Velamuri, S. Ramakrishna; Venkataraman, S.

doi:10.1007/0-387-24519-7_7

Cited by 379 publications

(374 citation statements)

References 14 publications

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“…In contrast Sarasvathy et al (2010) point out that the pursuit of an entrepreneurial opportunity includes not only new ideas and inventions needed to achieve economic ends, but also the beliefs and actions that motivate and enable these ends to be realized. This view takes into account the way entrepreneurial perceptions and actions operate to turn a situation into an opportunity, often through persistent trial and error on the part of entrepreneurs, who may shift their goals or ends in order to make best use of the means at their disposal, a process Sarasvathy terms "effectuation."…”

Section: Entrepreneurial Opportunitymentioning

confidence: 99%

“…Opportunity discovery vs. opportunity creation Sarasvathy et al (2010) pointed out that: "An opportunity presupposes actors for whom it is perceived as an opportunity; at the same time, the opportunity has no meaning unless the actor/s actually act upon the real world within which the opportunity eventually has to take shape." (Sarasvathy et al, 2010: p. 79).…”

Section: Entrepreneurial Opportunitymentioning

confidence: 99%

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Section: Entrepreneurial Opportunitymentioning

confidence: 99%

Section: Entrepreneurial Opportunitymentioning

confidence: 99%

Opportunities for disruption

2015

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“…This is especially evident when comparing Central and Eastern European countries that embarked on institutional reforms earlier in the transition process, with the Southeast European ones where reforms were delayed (Hashi and Krasniqi, 2011). Second, institutions have been credited for defining entrepreneurial opportunities (Davidsson, 2003;Sarasvathy et al, 2003). By imposing stability and structure, they perform an important task in the process of entrepreneurial discovery, make the formation of expectations easier, as well as increase entrepreneurial alertness towards what is unknown.…”

Section: Business Growth Theoriesmentioning

confidence: 99%

Institutional constraints and SME growth in post‐communist Albania

Xheneti

Bartlett

2012

Journal of Small Business and Enterprise Development

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -This paper aims to investigate business growth in post-communist Albania using an institutional perspective. Design/methodology/approach -The paper takes an institutional perspective, which emphasises the role of institutional change in enabling/constraining business growth whilst allowing for entrepreneurial objectives and motivations to be taken into account. The analysis is based on firm-level data collected through a survey questionnaire in April-July 2004. The paper uses principal components analysis and a regression model to explain the factors that determine the pace of business growth of small firms. Findings -The analysis offers important insights into the nature of entrepreneurship in a post-communist setting. The age of the firm, the age, education, qualifications and work orientation of the entrepreneur, insufficient information and corruption, explain the differential growth of firms. Older entrepreneurs grow faster suggesting unfulfilled aspirations during communism as well as their access to wider professional, social and possibly also political connections. The positive effect of corruption on business growth suggests that an ability to cope with a corrupt environment has been a necessary entrepreneurial skill during a period of chaotic change in social and formal institutions that has characterized transition in Albania. Originality/value -This research can be of special interest to studies of entrepreneurship in institutional transformation contexts, and it contributes especially to the accumulation of knowledge on transition economies by looking at the little researched case of post communist Albania.

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“…Entrepreneurial opportunity can be classed in three main ways: opportunity recognition, discovery and creation. These depend to what extent an obvious need has been identified through supply and demand, or if there is an entirely new opportunity (Sarasvathy et al, 2003).…”

Section: Media Entrepreneursmentioning

confidence: 99%

Journalism as usual: The use of social media as a newsgathering tool in the coverage of the Iranian elections in 2009

Knight¹

2012

Journal of Media Practice

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Three Views of Entrepreneurial Opportunity

Cited by 379 publications

References 14 publications

Opportunities for disruption

Opportunities for disruption

Institutional constraints and SME growth in post‐communist Albania

Journalism as usual: The use of social media as a newsgathering tool in the coverage of the Iranian elections in 2009

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