Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/96732
Type: | Conference item |
Title: | Entrepreneurial discovery and exploitation processes : sequence or symbiosis? |
Author: | Gordon, S.R. |
Citation: | Frontiers of Entrepreneurship Research, 2011, vol.31, iss.9, pp.4-1-4-1 |
Publisher: | BABSON |
Issue Date: | 2011 |
Conference Name: | Babson College Entrepreneurship Research Conference (BCERC) (8 Jun 2011 - 11 Jun 2011 : Syracuse, NY) |
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: | Nascent Entrepreneurship New Venture Creation Process Entrepreneurial Discovery and Exploitation Sequence Analysis Optimal Matching Comprehensive Australian Study of Entrepreneurial Emergence (CAUSEE) |
Description: | Summary only |
Rights: | Copyright status unknown |
Published version: | http://digitalknowledge.babson.edu/fer/vol31/iss9/ |
Appears in Collections: | Aurora harvest 3 Entrepreneurship, Commercialisation, and Innovation Centre publications |
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