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https://hdl.handle.net/2440/92604
Type: | Conference paper |
Title: | A sequence analytic model of entrepreneurial discovery and exploitation process |
Author: | Gordon, S.R. |
Citation: | The Joint ACERE-DIANA International Entrepreneurship Conference, 2012, pp.1-15 |
Issue Date: | 2012 |
Conference Name: | Joint ACERE-DIANA International Entrepreneurship Conference (3 Feb 2012 - 5 Feb 2012 : Freemantle, Western Australia) |
Statement of Responsibility: | Scott R. Gordon |
Abstract: | 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. |
Keywords: | Analytic model Entrepreneurial discovery Exploitation process |
Rights: | © Copyright 2012 |
Appears in Collections: | Aurora harvest 7 Entrepreneurship, Commercialisation, and Innovation Centre publications |
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