Entrepreneurial discovery and exploitation processes: sequence or symbiosis?
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Gordon_(2011)_Babson_-_Discovery_&_Exploitation.pdf. |
Description
This study examined the effect that temporal order within the entrepreneurial discovery-exploitation process has on the outcomes of venture creation. Consistent with sequential theories of discovery-exploitation, the general flow of venture creation was found to be directed from discovery toward exploitation in a random sample of nascent ventures. However, venture creation attempts which specifically follow this sequence derive poor outcomes. Moreover, simultaneous discovery-exploitation was the most prevalent temporal order observed, and venture attempts that proceed in this manner more likely become operational. These findings suggest that venture creation is a multi-scale phenomenon that is at once directional in time, and simultaneously driven by symbiotically coupled discovery and exploitation.
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ID Code: | 42067 |
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Item Type: | Contribution to conference (Abstract) |
Refereed: | No |
Measurements or Duration: | 15 pages |
Pure ID: | 32051339 |
Divisions: | Past > QUT Faculties & Divisions > QUT Business School Current > Schools > School of Management ?? australian-centre-for-entrepreneurship ?? |
Copyright Owner: | Copyright 2011 Scott R. Gordon |
Copyright Statement: | This work is covered by copyright. Unless the document is being made available under a Creative Commons Licence, you must assume that re-use is limited to personal use and that permission from the copyright owner must be obtained for all other uses. If the document is available under a Creative Commons License (or other specified license) then refer to the Licence for details of permitted re-use. It is a condition of access that users recognise and abide by the legal requirements associated with these rights. If you believe that this work infringes copyright please provide details by email to qut.copyright@qut.edu.au |
Deposited On: | 22 Jun 2011 22:42 |
Last Modified: | 03 Mar 2024 07:38 |
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