Debate in management research on the status of the opportunity construct is now more than a decade old. We argue that the debate has led to little additional insight in entrepreneurship and we develop the case for abandoning the construct altogether. Uncertainty is central to entrepreneurship and innovation yet absent from opportunity-based approaches. We offer instead a “judgment-based view” of entrepreneurship which revolves around the nexus of resource heterogeneity and uncertainty and is operationalized in the “Beliefs-Actions-Results” (BAR) framework.

Entrepreneurial opportunities: who needs them?

Foss, Nicolai J.;
2020

Abstract

Debate in management research on the status of the opportunity construct is now more than a decade old. We argue that the debate has led to little additional insight in entrepreneurship and we develop the case for abandoning the construct altogether. Uncertainty is central to entrepreneurship and innovation yet absent from opportunity-based approaches. We offer instead a “judgment-based view” of entrepreneurship which revolves around the nexus of resource heterogeneity and uncertainty and is operationalized in the “Beliefs-Actions-Results” (BAR) framework.
2020
2018
Foss, Nicolai J.; Klein, Peter G.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4013994
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