The DOI matches its Crossref record; 12 of the 12 references it cites were found in a registry or an index.
Discovery and creation: alternative theories of entrepreneurial action
Abstract
Do entrepreneurial opportunities exist, independent of the perceptions of entrepreneurs, just waiting to be discovered? Or, are these opportunities created by the actions of entrepreneurs? Two internally consistent theories of how entrepreneurial opportunities are formed – discovery theory and creation theory – are described. While it will always be possible to describe the formation of a particular opportunity as an example of a discovery or creation process, these two theories do have important implications for the effectiveness of a wide variety of entrepreneurial actions in different contexts. The implications of these theories for seven of these actions are described, along with a discussion of some of the broader theoretical implications of these two theories for the fields of entrepreneurship and strategic management. Copyright © 2007 Strategic Management Society.
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Citations
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“To examine some of these different implications, three entrepreneurial phenomena—how do entrepreneurs make decisions (Sarasvathy, 2001), how do they do their business planning (Kuratko, 1991), and how do they decide to finance their activities (Berger and Udell, 1998; Baeyens and Manigart, 2003)—have been identified a…”
BackgroundIs the Resource-Based "View" a Useful Perspective for Strategic Management Research? Yes
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Helfat, C. E., & Peteraf, M. A. (2015) · Strategic Management Journal · doi:10.1002/smj.2247 · Cited by 2,056
National systems of entrepreneurship: measurement issues and policy implications
Ács, Z. J., Autio, E., & Szerb, L. (2014) · Research Policy · doi:10.1016/j.respol.2013.08.016 · Cited by 1,301
Conceptualizing Corporate Entrepreneurship Strategy
Ireland, R. D., Covin, J. G., & Kuratko, D. F. (2009) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2008.00279.x · Cited by 917
Towards a schematic theory of entrepreneurial alertness
Valliere, D. (2013) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2011.08.004 · Cited by 251
When Is More Uncertainty Better? A Model of Uncertainty Regulation and Effectiveness
Griffin, M. A., & Grote, G. (2020) · Academy of Management Review · doi:10.5465/amr.2018.0271 · Cited by 223
Metadata
- Authors
- Alvarez, S. A., & Barney, J. B.
- Venue
- Strategic Entrepreneurship Journal
- Publisher
- Wiley
- Published
- 2007-11
- Volume
- 1
- Issue
- 1-2
- Pages
- 11-26
- ISSN
- 1932-4391 (ISSN-L)
- 1932-443X
- OpenAlex
- W3021327952
- Cited by
- 2,086
- References
- 12
- FWCI
- 73.50
- Type
- journal article
- Language
- en
- Open access
- closed
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