Creation and pursuit of entrepreneurial opportunities: An evolutionary economics perspective

Small Business Economics

Volumn 28, Issue 4, 2007, Pages 323-337

  Buenstorf, Guido ^a  

^a Growth and Public Policy   (Germany)

Author keywords

Business conceptions; Industry evolution; Market process; Opportunities; Spin offs

Indexed keywords

EID: 33947633374     PISSN: 0921898X     EISSN: 15730913     Source Type: Journal    
DOI: 10.1007/s11187-006-9039-5     Document Type: Article

References (37)

1. Agarwal, R., R. Echambadi, A. M. Franco and M. B. Sarkar, 2004, 'Knowledge Transfer through Inheritance: Spin-out Generation, Development and Survival', Academy of Management Journal 47, 501-522.
2. Buchanan, J. M. and V. J. Vanberg, 1991, 'The Market as a Creative Process', Economics and Philosophy 7, 167-186.
3. Buenstorf, G., 2003, 'Designing Clunkers: Demand-side Innovation and the Early History of the Mountain Bike', in U. Cantner and J. S. Metcalfe (eds.), Change, Transformation and Development, Heidelberg: Physica, 53-70.
4. Buenstorf, G., 2005, 'Evolution on the Shoulders of Giants: Entrepreneurship and Firm Survival in the German Laser Industry,' Max Planck Institute of Economics: Papers on Economics and Evolution # 0520.
5. Buenstorf, G. and S. Klepper, 2005, 'Heritage and Agglomeration: The Akron Tire Cluster Revisited,' Max Planck Institute of Economics: Papers on Economics and Evolution, #0508.
6. Buenstorf, G. and J. P. Murmann, 2005, 'Ernst Abbe's Scientific Management: Theoretical Insights from a Nineteenth-century Dynamic Capabilities Approach', Industrial and Corporate Change 14, 543-578.
7. Buenstorf, G. and U. Witt, 2006, 'How Problems of Organizational Growth in Firms Affect Industry Entry and Exit,' Revue de l'Observatoire Francais des Conjonctures Economiques (June), 47-62.
8. Burgelman, R. A., 1983, 'Corporate Entrepreneurship and Strategic Management: Insights from a Process Study', Management Science 29, 1349-1364.
9. Cordes, C., 2006, 'Darwinism in Economics: From Analogy To Continuity,' Journal of Evolutionary Economics 16, 529-541.
10. Dierickx, I. and K. Cool, 1989, 'Asset Stock Accumulation and Sustainability of Competitive Advantage', Management Science 35, 1504-1511.
11. Foster, J., 1997, 'The Analytical Foundations of Evolutionary Economics: From Biological Analogy to Economic Self-organization', Structural Change and Economic Dynamics 8, 427-451.
12. Hayek, F. A., 1945, 'The Use of Knowledge in Society', American Economic Review 35, 519-530.
13. Higgins, M., 2005, Career Imprints: Creating Leaders Across an Industry, San Francisco: Jossey-Bass.
14. Kelly, C., 1979, 'Clunkers among the hills,' Bicycling (January), 40-42.
15. Kirzner, I. M., 1973, Competition and Entrepreneurship, Chicago and London: University of Chicago Press.
16. Kirzner, I. M., 1997, 'Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach', Journal of Economic Literature 35, 60-85.
17. Klepper, S., 1996, 'Entry, Exit and Growth, and Innovation Over the Product Life Cycle', American Economic Review 86, 562-583.
18. Klepper, S., 1997, 'Industry Life Cycles', Industrial and Corporate Change 6, 145-181.
19. Klepper, S., 2002, 'The Capabilities of New Firms and the Evolution of the US Automobile Industry', Industrial and Corporate Change 11, 645-666.
20. Klepper, S. and S. B. Sleeper, 2005, 'Entry by Spinoffs', Management Science 51, 1291-1306.
21. Klepper, S. and P. Thompson, 2005, 'Submarkets and the Evolution of Market Structure,' Carnegie Mellon University, mimeo.
22. Koppl, R and M. Minniti, 2003, 'Market Processes and Entrepreneurial Studies', in Z. J. Acs and D. B. Audretsch (eds.), Handbook of Entrepreneurship Research, Boston: Kluwer, 81-102.
23. Mises, L., 1949, Human Action, New Haven: Yale University Press.
24. Moore, G. and K. Davis, 2004, 'Learning the Silicon Valley Way', in T. Bresnahan and A. Gambardella (eds.), Building High-Tech Clusters: Silicon Valley and Beyond, Cambridge, UK: Cambridge University Press, 7-39.
25. Nelson, R. R. and S. G. Winter, 1982, An Evolutionary Theory of Economic Change, Cambridge, MA, London: Belknap Press of Harvard University Press.
26. Peteraf, M. A. and J. B. Barney, 2003, 'Unraveling the Resource-Based Tangle', Managerial and Decision Economics 24, 309-323.
27. Sarasvathy, S. D., N. Dew, S. R. Velamuri and S. Venkatamaran, 2003, 'Three Views of Entrepreneurial Opportunity', in Z. J. Acs and D. B. Audretsch (eds.), Handbook of Entrepreneurship Research, Boston: Kluwer, 141-160.
28. Schumpeter, J. A., 1911, Die Theorie der wirtschaftlichen Entwicklung, München: Duncker & Humblot.
29. Schumpeter, J. A., 1942, Capitalism, Socialism and Democracy, New York: Harper & Brothers.
30. Shane, S., 2000, 'Prior Knowledge and the Discovery of Entrepreneurial Opportunities', Organization Science 11, 448-469.
31. Shane, S., 2003, A General Theory of Entrepreneurship, Cheltenham: Edward Elgar.
32. Witt, U., 1985, 'Coordination of Individual Economic Activities as an Evolving Process of Self-Organization', Economie Appliques 37, 569-595.
33. Witt, U., 1998, 'Imagination and Leadership - the Neglected Dimension of an Evolutionary Theory of the Firm', Journal of Economic Behavior and Organization 35, 161-177.
34. Witt, U., 1999, 'Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics', Review of Austrian Economics 11, 99-109.
35. Witt, U., 2000, 'Changing Cognitive Frames - Changing Organizational Forms: An Entrepreneurial Theory of Organizational Development', Industrial and Corporate Change 9, 733-755.
36. Witt, U., 2002, 'How Evolutionary Is Schumpeter's Theory of Economic Development?', Industry and Innovation 9, 7-22.
37. Witt, U. 2003, 'Evolutionary Economics and the Extension of Evolution to the Economy'. In his: The Evolving Economy. Essays on the Evolutionary Approach to Economics, Cheltenham, Edward Elgar, pp. 3-34.