scholarly journals Antecedents of New Venture Creation Decision in Iranian High-Tech Industries: Conceptualizing by a Non-Teleological Approach

2017 ◽  
Author(s):  
Mehdi Zivdar ◽  
Narges Imanipour
Keyword(s):  
Decision Making ◽  
New Venture ◽  
High Tech ◽  
Decision Making Process ◽  
New Venture Creation ◽  
Venture Creation ◽  
Main Research ◽  
Entrepreneurial Decision ◽  
Iranian Context ◽  
Event Based

Entrepreneurs’ decision-making process is one of the main research topics in entrepreneurship studies. This research aims to conceptualize the antecedents of new venture creation decision in Iranian high tech industries. The research utilizes an innovative non-teleological approach in order to take into account the specific regional context of Iran. Most research into entrepreneurial decision making utilizes teleological approaches; however, these models could not adequately explain the phenomena within the Iranian context. This qualitative study utilized event- based interviews with 20 nascent entrepreneurs. Results from coding, categorizing and validating the research findings, revealed 3 main categories as antecedents of new venture creation decision. Accordingly, concepts of entrepreneurial meta-cognition; primary actions and receiving feedback; and positive attitude toward change, constitute the main antecedents of new venture creation decision in this context. The findings also reveal the non-teleological nature of entrepreneurial decision-making, and adoption of some effectuation logics in the studied decision-making process.

An explorative study of inputs for entrepreneurs’ decision-making to create new venture in a high-tech context

2017 ◽  
Vol 18 (4) ◽  
pp. 243-255 ◽  
Author(s):  
Mehdi Zivdar ◽  
Narges Imanipour ◽  
Kambeiz Talebi ◽  
Seyed Rasul Hosseini
Keyword(s):  
Decision Making ◽  
Process Approach ◽  
New Venture ◽  
High Tech ◽  
Decision Making Process ◽  
Venture Creation ◽  
Decision Environment ◽  
Research Findings ◽  
Entrepreneurial Decision ◽  
Event Based

The explanation of the entrepreneurial decision-making phenomenon requires the adoption of a process approach. Yet, the majority of the research in this field has been done without utilization of a process approach. Besides, the decision-making process of entrepreneurs in any society is influenced by its environmental context. Therefore, this research adopts a process approach and aims to conceptualize inputs of decision-making process for new venture creation (NVC) in an Iranian high-tech context. The research employs qualitative–explorative design in order to take into account the specific regional context of Iran. This study utilized event-based interviews with 20 nascent entrepreneurs. Results of coding, categorizing and validating the research findings, revealed six main conceptual categories as the main inputs of the decision-making process for NVC in this context. The suggested propositions illustrate that the developed categories afford the two elements of individual decision maker and the decision environment. This article advances entrepreneurship literature by adopting an appropriate analytical focus and also utilizing a design which epistemologically and methodologically is applicable for involving context of exploration to attain more rigor and theoretical relevancy.

scholarly journals Creating ventures: decision factors in new venture creation

2016 ◽  
Vol 10 (1) ◽  
pp. 151-167 ◽  
Author(s):  
William W. Kirkley
Keyword(s):  
Decision Making ◽  
Pilot Study ◽  
Research Design ◽  
Cognitive Processes ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Content Type ◽  
Entrepreneurial Decision ◽  
Larger Sample

Purpose The purpose of this pilot study was to identify the key factors that influence the decisions of entrepreneurs who are considering the creation of a new venture. The pilot was conducted to explore the cognitive antecedents of entrepreneurial decision-making and whether specific factors contribute to the decision to create a new venture. Design/methodology/approach The study utilised an inductive and interpretive research design within a constructivist paradigm. The sample comprised entrepreneurs situated in a business incubation unit who engaged in a series of semi-structured interviews. The results of this study will be used to refine the questions asked in preparation for a larger sample using in-depth interviews with identified entrepreneurs. The resulting narrative in this pilot was subjected to discourse analysis and is categorised into relevant themes. Findings The findings in this pilot study reveal that factors such as technological advancement, market opportunity, competition, customer demand and prevailing market conditions have a significant influence on the decision-making process involved in creating a new venture. Research limitations/implications Although the pilot has identified several factors in entrepreneurial decision-making, further work will be needed in the research design to be able to expose the cognitive processes associated with each factor. The aim is to identify the common cognitive characteristics associated with thinking through the decision to create a new venture with a much larger sample of entrepreneurs. Originality/value The value of this research lies in exploring and developing a better understanding of the antecedent cognitive processes used by entrepreneurs for identifying unique, innovative new ideas and converting them into exploitable products or services through new venture creation.

scholarly journals Contesting effectuation theory: Why it does not explain new venture creation

2020 ◽  
Vol 38 (6) ◽  
pp. 515-535 ◽  
Author(s):  
John Kitching ◽  
Julia Rouse
Keyword(s):  
Decision Making ◽  
Cognitive Science ◽  
Causal Explanation ◽  
New Venture ◽  
New Venture Creation ◽  
Causal Powers ◽  
Venture Creation ◽  
Nascent Entrepreneurs ◽  
Cultural Contexts ◽  
Social Structural

We evaluate whether the theory of effectuation provides – or could provide – a powerful causal explanation of the process of new venture creation. We do this by conducting an analysis of the principal concepts introduced by effectuation theory. Effectuation theory has become a highly influential cognitive science-based approach to understanding how nascent entrepreneurs start businesses under conditions of uncertainty. But by reducing the process of venture creation to a decision-making logic, effectuation theory pays insufficient regard to the substantial, pervasive and enduring influence of social-structural and cultural contexts on venture creation. Powerful explanations should conceive of venture creation as a sociohistorical process emergent from the interaction of structural, cultural and agential causal powers and must be able to theorise, fallibly, how nascent entrepreneurs form particular firms in particular times and places. We conclude that effectuation’s contribution to entrepreneurship scholarship is more limited than its advocates claim because it can offer only an under-socialised, ahistorical account of venture creation. Failure to theorise adequately the influence of structural and cultural contexts on venture creation implicitly grants nascent entrepreneurs excessive powers of agency.

scholarly journals New venture creation: a systematic review of associated literature

2020 ◽  
Vol 15 (1) ◽  
pp. 56-79
Author(s):  
Colin Donaldson ◽  
Guillermo Mateu
Keyword(s):  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Research Attention ◽  
Main Research ◽  
Comprehensive Search ◽  
Current Article ◽  
Intellectual Foundations ◽  
The Many ◽  
New Research

New venture creation is an integral facet of entrepreneurship and as consequence has been subject to increased research attention within extant literature. Although momentum has been gained in search of explicating this broad and diverse phenomenon there is still great potential to further our understanding. Progress in expanding knowledge will be most effective if we are able to constructively build upon explicitly recognised common foci that can serve as a foundation to cooperative contribution. The current article has the objective of providing an up-to-date thematic overview via systematic means of the main research interests that are being attended to within the new venture creation domain. The study is based on a comprehensive search of the SCOPUS database up until, and including, the year 2017. Thus, there is the useful and original provision of a parsimonious overview of the many heterogenous factors implicated within the process. Citation analysis is used as a framework to distinguish influential publications and their interconnections, with intellectual foundations and theoretical underpinnings driving research presented. A key implication of the work is the provision of a classification of key trending themes based on four priority constructs that can inspire new research avenues and greater collaboration in future investigative efforts.

Attitudes of Higher Education Students to New Venture Creation

2010 ◽  
Vol 24 (5) ◽  
pp. 323-341 ◽  
Author(s):  
Aurora A.C. Teixeira ◽  
Todd Davey
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
New Ventures ◽  
Entrepreneurship Education ◽  
New Venture ◽  
High Tech ◽  
New Venture Creation ◽  
Venture Creation ◽  
Education Students ◽  
Entrepreneurial Behaviour

Higher education institutions (HEIs) play an important role in the generation of high-tech ‘entrepreneurial capacity’. As entrepreneurship education gives greater attention to the creation of new ventures, there is an urgent need for a better understanding of the attitudes of students, potentially the entrepreneurs of the future. Logit estimates using 4,413 responses from students enrolled in Portuguese HEIs show that students who have business-related competences and live in an environment that fosters and encourages entrepreneurship have a stronger desire to become entrepreneurs. This supports the contention that entrepreneurship is a process that can be learned and that HE establishments, teachers and other institutions and individuals are in a position to encourage entrepreneurial behaviour.

Expertise, university infrastructure and approaches to new venture creation: assessing students who start businesses

2017 ◽  
Vol 29 (9-10) ◽  
pp. 912-944 ◽  
Author(s):  
Galina Shirokova ◽  
Oleksiy Osiyevskyy ◽  
Michael H. Morris ◽  
Karina Bogatyreva
Keyword(s):  
New Venture ◽  
New Venture Creation ◽  
Venture Creation
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