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Searching for truffles! Identifying, Creating and Developing Entrepreneurial Opportunities

Léger-Jarniou, Catherine; Bjerke, Björn; Harrison, Pegram; Kurczewska, Agnieszka; Tegtmeier, Silke (2011), Searching for truffles! Identifying, Creating and Developing Entrepreneurial Opportunities, 56th Annual ICSB World Conference, 2011-06, Stockholm, Suède

Type
Communication / Conférence
Date
2011
Conference title
56th Annual ICSB World Conference
Conference date
2011-06
Conference city
Stockholm
Conference country
Suède
Metadata
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Author(s)
Léger-Jarniou, Catherine
Bjerke, Björn
Harrison, Pegram
Kurczewska, Agnieszka
Tegtmeier, Silke
Abstract (EN)
From many years in the world of academia we may observe a growing interest and an intensified discussion about opportunities in the entrepreneurship field. Most scholars agree that the opportunity identification process is a central concept for entrepreneurship, but further research in opportunity exploration, recognition, and exploitation in diverse contexts is needed. Identification of a marketable opportunity which promises significant prospect of gain is an important initial step if not the key factor in the entrepreneurial process. Certainly, the decision to create a new venture often arises from the belief that a unique opportunity has been identified − an opportunity that no one else has yet exploited. Hence, increased research in recent years addresses one of the main basic "why"-questions in entrepreneurship research focusing on the field of opportunity recognition and exploitation: "Why [and how] do some persons but not others recognize opportunities for new products or services that can be profitably exploited?" ({Baron 2004 #201}).
Subjects / Keywords
Creativity; process; opportunity; entrepreneurship
JEL
L26 - Entrepreneurship

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