Session 232
Theory Building in the Field of Entrepreneurship
Track K |
Date: Monday, September 22, 2014 |
Time: 11:00 – 12:15 |
|
Paper |
Room: Helsinki |
Session Chair:
- Jay Barney, University of Utah
Abstract: Bricolage and entrepreneurial activities have been identified a close relationship but with few studies to explore the mechanism inside in the bricolage-entrepreneurship linkage. From the perspective of subjectivist theory of entrepreneurship, this study investigates how bricolage affects corporate entrepreneurship through the mediating role of subjective opportunity set. We suggest that, besides a common perception that bricolage is a resource-coping to provide necessary resources to firms, bricolage can also be experiential knowledge generation process that influence corporate entrepreneurship through shaping entrepreneur’s subjective opportunity set.
Abstract: Entrepreneurship scholars have traditionally considered that opportunity space is exogenous to the individual entrepreneur. Recently, there has been an emerging literature highlighting that opportunities are endogenous to developing a company. It suggests that opportunity creation takes place in nascent markets, while opportunity discovery takes place in more traditional environment. In this paper, we shed further light on this debate by first analysing whether opportunity discovery vs. creation can be an act of entrepreneurial agency rather than being determined by the environment. Second, we develop a detailed insight in how the process of opportunity creation differs from the process of opportunity evaluation after opportunity discovery. The results show that in a homogenous environment, the nascent market of mobile health medical device manufacturers, opportunity discovery and creation co-exist. For opportunity-discovery entrepreneurs, market experimentation after founding is crucial. Opportunity-creating entrepreneurs, in contrast, have much more related market knowledge and an objective to achieve.
Abstract: This article demonstrates why and how a discovery-oriented research approach in the grounded theory tradition enriches theorizing in entrepreneurship. It advances and illustrates two central ideas. From an epistemological standpoint, it underscores the potential of data-based conceptualization in the grounded theory tradition as an instrument of generating new theory. From a methodological standpoint, it makes the case for a shift in the understanding and practice of grounded theorizing: away from an overemphasis on data and induction as central to the theorization process, towards a recognition of the role of prior theory and imaginative abductive reasoning in the forging of new concepts and theories out of empirical data. Through an exemplar, we illustrate how grounded analysis in this mode is conducted.
Abstract: We address a critical question concerning the process of innovation that entrepreneurs are often involved in: How are novel opportunities developed? Building on institutional theory, we answer this question by theorizing about a dynamic and iterative process, during which an opportunity is repetitively translated and transformed vis-à-vis a set of actors. We elaborate our process model using several illustrations from a case study dealing with the emergence of peer-to-peer lending in the US over the last decade. We identify three factors affecting the speed of this process: the degree of opportunity novelty, misaligned actor expectations, and the temporal distance between cycles of translation and transformation.
All Sessions in Track K...
- Sun: 08:00 – 09:15
- Session 386: Entrepreneurial Corporate Governance
- Sun: 09:30 – 10:45
- Session 387: Social Capital in Emerging Markets: Local, Glocal or Global?
- Sun: 11:15 – 12:30
- Session 462: Crowdfunding: State of the Art and Directions for Future Research
- Sun: 15:45 – 17:00
- Session 235: Cognitive and Behaviorial Perspectives of Entrepreneurial Decision Making
- Session 380: Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization
- Sun: 17:15 – 18:30
- Session 607: Entrepreneurship and Strategy IG Business Meeting
- Mon: 08:00 – 09:15
- Session 227: Entrepreneurial Orientation, capabilities and firm performance
- Session 445: Adaptation issues for Entrepreneurial Firms
- Mon: 11:00 – 12:15
- Session 232: Theory Building in the Field of Entrepreneurship
- Session 440: Entrepreneurial Strategies in Emerging and International markets
- Mon: 14:45 – 16:00
- Session 231: Entrepreneurial Leadership: What it Takes to be a Successful Enterprise?
- Session 457: Ownership and Funding Structures: Performance Implications for the entrepreneurial firms
- Mon: 16:30 – 17:45
- Session 226: Culture, Norms and Institutions: The contextual influences on Entrepreneurship
- Session 229: Who Founds and how the Founding Team Impacts the Entrepreneurial Firm?
- Tue: 08:00 – 09:15
- Session 224: Funding an Entrepreneurial Venture: What Works and What Does Not?
- Session 236: Universities, Academics and Incubators: The Role of Academic Institutions in Shaping Entrepreneurial Firm and Outcomes
- Tue: 11:00 – 12:15
- Session 230: TMTs as Firm Resources
- Session 309: New Conversations on Business Models
- Tue: 15:30 – 16:45
- Session 225: Entrepreneurial Networks: Formation and Implications
- Session 228: Dynamic Capabilities and Performance Implications for New Firms
- Tue: 17:15 – 18:30
- Session 234: Institutional, Industry and Firm Specific Impacts on Nascent Firms
- Session 441: Funding Entrepreneurial Ventures: Sources and Successes