Entrepreneurial Opportunities: Who Needs Them?

Nicolai J. Foss, Peter G. Klein

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Abstrakt

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 approach of entrepreneurship that revolves around the nexus of resource heterogeneity and uncertainty and is operationalized in the beliefs-actions-results (BAR) framework.
OriginalsprogEngelsk
TidsskriftAcademy of Management Perspectives
Vol/bind34
Udgave nummer3
Sider (fra-til)366-377
Antal sider12
ISSN1558-9080
DOI
StatusUdgivet - aug. 2020

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