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.

Highlights

  • 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

  • The most significant elements were the linkage to the multinational enterprise (MNE) and the level of support granted to the project

  • Ii) Support by the MNE contributed to the entrepreneurial behavior of the individuals i) Encounter of technological and commercial knowhow i) Independent and innovaƟon-seeking behavior of individuals i) MNE corporate strategy as mobile actor within the industry i) Encounter of technological and commercial knowhow i) Level of support by the MNE collapsed which had i) Independent and innovaƟon-seeking behavior of effect on innovaƟon implementaƟon but did not individuals hinder the entrepreneurial orientaƟon of the individuals

Read more

Summary

Introduction

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. The findings of this study support the notion that the phase before organizational emergence is a significant period for entrepreneurial opportunity recognition. 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. 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. 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

Objectives
Methods
Results
Discussion
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.