Killing our darling: why we need to let go of the entrepreneurial opportunity construct

Davidsson, Per & Tonelli, Marcello (2013) Killing our darling: why we need to let go of the entrepreneurial opportunity construct. In Davidsson, Per (Ed.) Conference Proceedings : Australia Centre for Entrepreneurship (ACE) Research Exchange Conference 2013, Australia Centre for Entrepreneurship, Queensland University of Technology, Brisbane, QLD.

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We support Shane and Venkataraman’s (2000) basic idea of an “entrepreneurship nexus” where characteristics of the actor as well as those of the “opportunity” they work on influence action and outcomes in the creation of new economic activities. However, a review of the literature reveals that minimal progress has been made on the core issues pertaining to the nexus idea. We argue that this is rooted in fundamental and insurmountable problems with the “opportunity” construct itself, and demonstrate the state of confusion in the literature caused by inconsistent use of the construct within and across works and authors. As an alternative, we suggest the admittedly subjective notion of New Venture as a more workable alternative. We provide a comprehensive definition and explanation of this construct, and take steps towards improved conceptualization and operationalization of its subdimensions. With some further work on these conceptualizations and operationalizations it will be possible to implement a comprehensive research program that can finally deliver on the promise outlined by Shane and Venkataraman (2000).

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ID Code: 59486
Item Type: Conference Paper
Refereed: No
Keywords: Entrepreneurial Opportunity Construct, Entrepreneurship Nexus
ISBN: 978­1921897559
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2013 [please consult the author]
Deposited On: 30 Apr 2013 00:35
Last Modified: 12 Jun 2013 15:03

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