Entrepreneurial opportunities as propensities: Do Ramoglou & Tsang move the field forward?

Davidsson, Per (2016) Entrepreneurial opportunities as propensities: Do Ramoglou & Tsang move the field forward? Journal of Business Venturing Insights. (In Press)

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Abstract

Ramoglou & Tsang's (R&T) article “A realist perspective of entrepreneurship: Opportunities as propensities” is a recent, potentially influential addition to the literature on “entrepreneurial opportunities”. This short communication argues that R&T's intellectual exercise largely fails to move matters forward on the two most central problems with prior research on “entrepreneurial opportunities”, namely 1) lack of construct clarity and 2) slow progress regarding how characteristics of “entrepreneurial opportunities” give shape to entrepreneurial action and outcomes. I suggest that entrepreneurship researchers should avoid the detour of conceptually dichotomizing complex and empirically non-tractable sets of external circumstances into “opportunities” vs. “non-opportunities” and instead direct attention to multi-dimensional and continuous variation in “those [evolving] entities which entrepreneurs actually evaluate and [sometimes] act upon” (and which should not be mislabeled as “opportunities”). For this endeavor, the notion of “agency-intensity” is the primary take-away from R&T's study.

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ID Code: 96736
Item Type: Journal Article
Refereed: Yes
Keywords: Opportunity, New Venture Idea, Construct Clarity, Research Implications, Realism
DOI: 10.1016/j.jbvi.2016.02.002
ISSN: 2352-6734
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 2016 Published by Elsevier Inc.
Deposited On: 10 Jul 2016 22:58
Last Modified: 17 Jul 2016 04:27

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