Emergence of an entrepreneurial opportunity: A case within a Finnish telecommunication international new venture.
Saved in:
| Authors: | Tuomisalo, Teemu1 (AUTHOR) teemu.tuomisalo@student.lut.fi |
|---|---|
| Source: | Journal of International Entrepreneurship. Sep2019, Vol. 17 Issue 3, p334-354. 21p. 2 Diagrams, 1 Chart. |
| Subject Terms: | *New business enterprises, *Parent companies, *Information-seeking behavior, *Telecommunication, Verstehen |
| Abstract (English): | This article conducts an in-depth investigation of entrepreneurial opportunity recognition in an international new venture (INV) during the time period before the organizational emergence. While doing so, the study applies a strategic orientation (SO) approach that seems to provide the possibility of observing firm activities from multiple perspectives. A qualitative and interpretive method is used for this purpose. The findings of this study support the notion that the phase before organizational emergence is a significant period for entrepreneurial opportunity recognition. Additionally, this study illustrates the reason and processes involved are the same. Firstly, the findings indicate that the initial opportunity recognition and the development throughout this phase rely on the entrepreneurial orientation of the individuals. Moreover, entrepreneurial opportunity results from information-seeking behavior regarding ways to respond to demand. Such a process seems to require a reconciliation of technological and commercial knowledge domains. Secondly, the findings indicate that the context has a distinct role in the opportunity recognition process. In this study, the support of the parent corporation, particularly, seemed to have a significant impact on the initial discovery and subsequent development of entrepreneurial opportunity. [ABSTRACT FROM AUTHOR] |
| Abstract (Spanish): | Resumen: Este artículo realiza una investigación en profundidad del reconocimiento de oportunidades emprendedoras en una nueva empresa internacional (NEI) durante el período de tiempo anterior al surgimiento de dicha organización. En base a ello, el estudio aplica un enfoque de orientación estratégica (OE), que ofrece la posibilidad de observar las actividades empresariales desde múltiples perspectivas. Con este propósito, se utiliza un método cualitativo e interpretativo. Los resultados de este estudio apoyan generalmente la idea de que la fase anterior al surgimiento de la organización es un período altamente significativo para el reconocimiento de oportunidades emprendedoras. Adicionalmente, también se busca ilustrar no sólo la razón, sino también los procesos involucrados en dicho reconocimiento. En primer lugar, los resultados indican que el reconocimiento inicial de la oportunidad y el desarrollo a lo largo de esta fase dependen de la orientación emprendedora del individuo/s. Además, la oportunidad emprendedora constituye el resultado del comportamiento de búsqueda de información con respecto a las formas de responder a la demanda. Dicho proceso parece requerir, además, una cierta conciliación de diversos dominios de conocimiento, tanto a nivel tecnológico como comercial. En segundo lugar, los resultados indican que el contexto tiene un papel sumamente distintivo en el proceso de reconocimiento de oportunidades. Finalmente, se pone igualmente de manifiesto en este estudio el hecho de que el apoyo otorgado por la empresa matriz tiene un impacto particularmente significativo en el descubrimiento inicial y el desarrollo posterior de la oportunidad emprendedora a través de una NEI. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
|
Full text is not displayed to guests.
Login for full access.
|
|
| Abstract: | This article conducts an in-depth investigation of entrepreneurial opportunity recognition in an international new venture (INV) during the time period before the organizational emergence. While doing so, the study applies a strategic orientation (SO) approach that seems to provide the possibility of observing firm activities from multiple perspectives. A qualitative and interpretive method is used for this purpose. The findings of this study support the notion that the phase before organizational emergence is a significant period for entrepreneurial opportunity recognition. Additionally, this study illustrates the reason and processes involved are the same. Firstly, the findings indicate that the initial opportunity recognition and the development throughout this phase rely on the entrepreneurial orientation of the individuals. Moreover, entrepreneurial opportunity results from information-seeking behavior regarding ways to respond to demand. Such a process seems to require a reconciliation of technological and commercial knowledge domains. Secondly, the findings indicate that the context has a distinct role in the opportunity recognition process. In this study, the support of the parent corporation, particularly, seemed to have a significant impact on the initial discovery and subsequent development of entrepreneurial opportunity. [ABSTRACT FROM AUTHOR] |
|---|---|
| ISSN: | 15707385 |
| DOI: | 10.1007/s10843-019-00247-2 |
