scholarly journals Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research

2020 ◽  
pp. 104225872093099 ◽  
Author(s):  
Per Davidsson ◽  
Jan Henrik Gruenhagen
Keyword(s):  
Theory Development ◽  
Process Research ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Core Domain ◽  
Entrepreneurship Research ◽  
Creation Process ◽  
Institutional Actors ◽  
Leading Journals

We review new venture creation process research in leading journals over the past 30 years, applying a broad view of “process.” While we find a rich and varied literature with significant quantitative and qualitative growth, the review reveals considerable room for future contributions in this important area of entrepreneurship research. In an agenda building on review results, exemplary articles, and theory development advice from other sources, we discuss several types of such future contributions. We hope that our efforts can inspire emerging scholars, colleagues, research leaders, and institutional actors to contribute to a bright future for this core domain of entrepreneurship research.

Entrepreneurship and Chance

2019 ◽  
pp. 119-135
Author(s):  
Alexandra França ◽  
Orlando Lima Rua
Keyword(s):  
Business Environment ◽  
Research Proposal ◽  
New Venture ◽  
Entrepreneurial Activity ◽  
New Venture Creation ◽  
Planning Model ◽  
Venture Creation ◽  
Entrepreneurial Opportunity ◽  
Entrepreneurship Research ◽  
Opportunity Discovery

The unpredictability of business activities means that entrepreneurs should find a way to adapt and embrace chance. The traditional and predefined process logic offers little support for today's complex and dynamic business environment. One tenet that shaped the direction of entrepreneurship research is the view that the entrepreneurial opportunity discovery and development is linear, systematic, and rational, that is, it is assumed that all factors are measurable and knowable. However, unknowable instances of coincidence, randomness, and chance factors can play a significant role in new venture creation. The authors propose that these factors point to the nonlinear and acausal phenomenon of chance. This research proposal intends to address entrepreneurs' alternative mechanisms, other than the classic formal planning model, to harness opportunities or overcome setbacks arising from chance. To achieve our purpose, the authors examine qualitative data drawn from entrepreneurial activity of Spain and Portugal.

Much More Than Meets the Eye

2021 ◽  
pp. 61-91
Author(s):  
Alexandra França ◽  
Silja Frankenbach ◽  
Vanda Vereb ◽  
Alexandra Vilares ◽  
António Carrizo Moreira
Keyword(s):  
Personal Characteristics ◽  
Individual Characteristics ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Nascent Entrepreneurs ◽  
Sociological Perspective ◽  
Nascent Entrepreneurship ◽  
Creation Process ◽  
The Way

Nascent entrepreneurship plays an important role in the study of entrepreneurship. It has been studied from different angles, especially from the psychological and sociological perspective as nascent entrepreneurs have distinctive traits and competencies. Other important foci of research are the investigation of the environment in which nascent entrepreneurs operate, as well as the way both the identification and exploitation of entrepreneurial opportunities have emerged. The main objective of this chapter is to address (1) the main individual characteristics that entrepreneurs have in common; (2) the environmental factors contributing to new venture creation; and (3) the steps in the creation process. The chapter departs from the fundamental process of nascent entrepreneurship, which is centered on opportunity recognition, evaluation, and exploitation, and is complemented by the way how contextual factors and personal characteristics and competencies influence the new venture creation process.

scholarly journals FENOMENA PERNIAGAAN TEROKA BAHARU WANITA: JUSTIFIKASI LITERATUR TERHADAP PROSES PEMBINAAN TEORI KEUSAHAWANAN WANITA

2021 ◽  
Vol 9 (2) ◽  
pp. 60-77
Author(s):  
NURUL AMIRA OMAR ◽  
AHMAD FIRDAUSE MD FADZIL ◽  
ROSFATIHAH CHE MAT
Keyword(s):  
Women Entrepreneurs ◽  
Positive Impact ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Women Entrepreneurship ◽  
Creation Process ◽  
Library Research ◽  
Building Process ◽  
Conceptual Study

AbstrakFenomena kemunculan perniagaan teroka baharu oleh wanita bukanlah topik baru jika disusuri dari susur galur sorotan kajian lepas. Ramai penyelidik lepas melihat pelbagai perspektif yang berbeza-beza mengikut cabang disiplin masing-masing sepertimana ekonomi, pengurusan, psikologi, sosiologi dan lain-lain lagi. Namun ironinya, perbincangan berkaitan proses pembinaan teori keusahawanan wanita dikatakan masih bersifat pramatang. Kajian konseptual ini telah menggunakan kaedah kajian perpustakaan terhadap 95 artikel terpilih bersangkutan fenomena keusahawanan wanita dalam proses penciptaan teroka baharu yang terdiri daripada beberapa jurnal utama bidang keusahawanan wanita. Hasil kajian literatur ini mendapati, penglibatan usahawan wanita melalui perniagaan teroka baharu terbukti memberi impak positif dari sudut peningkatan peluang pekerjaan serta memperkembangkan inovasi produk baru dalam sesebuah negara. Kesinambungannya, kajian ini bertujuan untuk mendalami berkenaan fenomena keusahawanan wanita terutama berkenaan proses penciptaan teroka baharu memandangkan disiplin ini masih lagi bersifat pramatang terutama dalam proses pembangunan teori. Bersandarkan kepada teori Gartner, 1985, penyelidik memberi huraian yang jelas bagi menerangkan bagaimana keusahawanan wanita yang berlaku boleh dikaitkan dengan empat perspektif berbeza iaitu individu, persekitaran, organisasi yang ditubuhkan dan juga proses keusahawanan yang berlaku. Hasil huraian ini memberi gambaran dan sudut pandang yang khusus kepada usahawan wanita untuk memfokuskan kepada sisi yang memberi impak baik kepada perkembangan perniagaan teroka baru mereka.   AbstractThe discussion about emerging women’s new venture creation is not a new topic when traced back from the past literature. Previous researchers looked at various perspectives according to their respective disciplines, such as economics, management, psychology, sociology etc. Ironically, the discussion related to the women entrepreneurship theory-building process is said to be premature. This conceptual study has used the library research method on 95 selected articles concerning the phenomenon of women entrepreneurship in the new venture creation process consisting of several main women entrepreneurship journals. Based on the result from literature review, the involvement of women entrepreneurs through new venture businesses proved to have a positive impact in terms of employment opportunities and the development of new product innovations in a country. This study investigated the relevance of the women entrepreneurship phenomenon related to the new venture creation process as this discipline is still premature. Based on Gartner's theory, the researchers provide a clear description of how women’s entrepreneurs can be associated with four different perspectives: individuals, environments, organizations established, and entrepreneurial process. The results of this description can provide a specific overview and perspective for women entrepreneurs to focus on the side that has a positive impact on the development of their new venture business.

scholarly journals An Experiential Pattern-Matching Teaching Method: Unpacking the Process of Becoming

2020 ◽  
pp. 251512742091465
Author(s):  
Daniil Pokidko ◽  
Fouad Philippe Saade ◽  
Nadav Shir
Keyword(s):  
Pattern Matching ◽  
Business Model ◽  
Educational Process ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Matching Method ◽  
Theoretical Understanding ◽  
Creation Process ◽  
Business Model Canvas

The new venture creation process is essentially different from the process of managing an established business. Scholars suggest that many current mainstream teaching methods and tools used in entrepreneurship education (EE) are rooted in classical economic theory and do not fully address the specific nature of new venture creation. They also point at a shortage of native EE methods and tools developed specifically for the early-stage new venture creation process. We respond to this challenge through (a) a careful scrutiny of one of the most popular EE tools—the Business Model Canvas and (b) a novel and native EE Experiential Pattern-Matching method to support and complement the Business Model Canvas (and other similar EE tools). We advance our theoretical understanding of experience-based learning in EE settings by embedding the Experiential Pattern-Matching method into a Dynamic Experiential Process Framework that assists entrepreneurship educators in developing effective curricula and improving individual- and team-based learning throughout the educational process of new venture creation.

Measure for measure: Modeling entrepreneurial self-efficacy onto instrumental tasks within the new venture creation process

2005 ◽  
Vol 8 (2) ◽  
pp. 39-47 ◽  
Author(s):  
Jill Kickul ◽  
Robert S. D'Intino
Keyword(s):  
Self Efficacy ◽  
Teaching Effectiveness ◽  
Entrepreneurial Intentions ◽  
University Teaching ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Entrepreneurship Research ◽  
Research And Teaching ◽  
Measure For Measure

We examine the various components of entrepreneurial self-efficacy within the entrepreneurship literature from a measurement perspective. Two published entrepreneurial self-efficacy instruments are tested and compared. Additionally, we study how self-efficacy relates with many of the tasks and roles identified within the entrepreneurial new venture life-cycle. Our study suggests relationships between self-efficacy, perceived skills, and abilities to manage a new venture, and entrepreneurial intentions to start a new venture. We discuss relationships between entrepreneurship research and university teaching and make specific suggestions on how further work on improving measurement in entrepreneurship will benefit both research and teaching effectiveness.

The Challenging Dynamics of Nascent Entrepreneurship

2018 ◽  
pp. 1-28 ◽  
Author(s):  
Alexandra França ◽  
Alexandra Vilares ◽  
Silja Frankenbach ◽  
Vanda Vereb ◽  
António C. Moreira
Keyword(s):  
Personal Characteristics ◽  
Individual Characteristics ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Nascent Entrepreneurs ◽  
Central Process ◽  
Nascent Entrepreneurship ◽  
Creation Process ◽  
The Individual

Nascent entrepreneurship has long been studied from a variety of perspectives. A major stream of work by psychologists and sociologists suggests that nascent entrepreneurs have distinctive traits and competences. A second focus for research has been studying the environment in which nascent entrepreneurs operates. Recently, the identification and exploitation of entrepreneurial opportunities has emerged as a third focus. In this paper we will address the following questions: (1) what are the individual characteristics of those individuals who are attracted to becoming an entrepreneur? (2) What are the environmental factors contributing to new venture creation? (3) What are the steps in the creation process? We will attempt to answer these three questions by arguing that the central process of nascent entrepreneurship is centred on opportunity recognition, evaluation and exploitation, and influenced by contextual factors (e.g. external knowledge) and personal characteristics and competences (e.g. internal knowledge).

Environments for Entrepreneurship Development: Key Dimensions and Research Implications

1994 ◽  
Vol 18 (4) ◽  
pp. 43-62 ◽  
Author(s):  
Devi R. Gnyawali ◽  
Daniel S. Fogel
Keyword(s):  
Environmental Conditions ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Five Dimensions ◽  
Creation Process ◽  
The Core ◽  
Core Elements ◽  
Key Dimensions

An integrated framework is not available for studying the environmental conditions conducive for entrepreneurship despite their importance for the emergence and growth of enterprises in a country. This paper develops such a framework consisting of five dimensions of entrepreneurial environments and links these dimensions to the core elements of the new venture creation process. Specific emphasis is given to the role of environmental conditions in developing opportunities and in enhancing entrepreneurs’ propensity and ability to enterprise. The paper outlines some propositions and research implications of the integrated model and offers initial guidelines for formulating public policies to develop entrepreneurial environments.

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