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Gaglio, Connie Marie; Katz, Jerome A.

doi:10.1023/a:1011132102464

Cited by 974 publications

(198 citation statements)

References 38 publications

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“…Entrepreneurial alertness: This implies that there are persons who are more sensitive to the needs that a market can offer (Gaglio & Katz, 2001). Individuals sense the needs of the market and propose new ways to satisfy those needs by creating value (Mary George et al 2016).…”

Section: Unbundling the Entrepreneurial Opportunity Identification Prmentioning

confidence: 99%

Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process

Acosta¹,

Adu-Gyamfi²,

Nabi³

et al. 2017

EBER

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Section: Unbundling the Entrepreneurial Opportunity Identification Prmentioning

confidence: 99%

Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process

Acosta¹,

Adu-Gyamfi²,

Nabi³

et al. 2017

EBER

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“…3 Entrepreneurship means making decisions over events with few, perhaps no, similar past events on which to base expectations, yet creating or identifying new ends and means relationships that were previously undetected or underutilized (Gaglio and Katz 2001;Eckhardt and Shane 2003). 4 Entrepreneurs face ill-structured problems of search and discovery of market opportunities (Dosi 1988), and consequently those who correctly identify the value of innovation resources and other market factors will be rewarded with profit (Kirzner 1978).…”

Section: Entrepreneurial Opportunities and Innovation Resourcesmentioning

confidence: 99%

How innovation commons contribute to discovering and developing new technologies

Allen

Potts

2016

Int J Commons

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Abstract:In modern economics, the institutions surrounding the creation and development of new technologies are firms, markets and governments. We propose an alternative theory that locates the institutional origin of new technologies further back in the commons when self-organizing groups of technology enthusiasts develop effective governance rules to pool distributed information resources. The 'innovation commons' alleviates uncertainty around a nascent technology by pooling distributed information about uses, costs, problems and opportunities. While innovation commons are mostly temporary, because the resource itselfthe information about opportunities -is only temporarily valuable, they are a further addition to the Pantheon of commons, and suggest that the institutions of the commons -and the common pool resource of information about applications of the technology -may be far more important in the study of innovation than previously thought.

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“…The model entrepreneur is someone who is alert to opportunities. Cognitively, this amounts to efficiently structuring abundant information in order to make feasible judgments (Gaglio and Katz, 2001). It also involves a capacity to think in novel ways (Ward, 2004).…”

Section: Entrepreneurial Talentmentioning

confidence: 99%

The Interaction of Entrepreneurship and Institutions

Henrekson

Sanandaji

2010

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract: Previous research, notably Baumol (1990), has highlighted the role of institutions in channeling entrepreneurial supply into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutionsentrepreneurs often help shape institutions themselves. The bilateral causal relation between entrepreneurs and institutions is examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the foundations of prevailing institutions. Entrepreneurs sometimes have the opportunity to evade institutions, which tends to undermine the effectiveness of the institutions, or cause institutions to change for the better. Lastly, entrepreneurs can directly alter institutions through innovative political entrepreneurship. Like business entrepreneurship, innovative political activity may be productive or unproductive, depending on the incentives facing entrepreneurs. Terms of use: Documents in The Interaction of Entrepreneurship and Institutions Magnus Henrekson and Tino SanandajiJEL Codes: L5; M13; O31; P14.

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Untitled

Cited by 974 publications

References 38 publications

Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process

Analysing the Role of Framework Conditions Influencing International Entrepreneurial Opportunity Identification Process

How innovation commons contribute to discovering and developing new technologies

The Interaction of Entrepreneurship and Institutions

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