What an entrepreneurial opportunity is and where opportunities come from are questions at the heart of the entrepreneurial process and a centrepiece in entrepreneurship as a distinctive scholarly domain (Venkataraman, 1997; Shane & Venkataraman, 2000; Singh, 2001; Alvarez & Barney, 2005). In recent years, scholarly attention and emphasis has switched from a person-centric perspective that focuses on enduring differences among individuals to an opportunity-based approach, which situates the locus of interest on the opportunity and the individual-opportunity nexus (Eckhard & Shane, 2003). However, despite the general consensus on the importance of entrepreneurial opportunities for both research and practice, diverging definitions and perspectives abound and welcome further explorations and debate (Singh, 2001; Shane & Eckhard, 2005). Further, the opportunity-centred approach is in need of organizing frameworks that take stock of extant work and offer meaningful typologies.
Vives, Luis and Nedeva, Silviya Svejenova
"THE MANY FACES OF AN ENTREPRENEURIAL OPPORTUNITY: EXPLORATION AND EXPLOITATION IN THE QUEST FOR NEW IDEAS (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 27
, Article 6.
Available at: http://digitalknowledge.babson.edu/fer/vol27/iss17/6