Opportunity types, social entrepreneurship and innovation: Evidence from the panel study of entrepreneurial dynamics

International Journal of Entrepreneurship and Innovation

Volumn 16, Issue 4, 2015, Pages 237-251

  Hechavarría, Diana M ^a,b   Welter, Chris ^c  

^a UNIVERSITY OF SOUTH FLORIDA   (United States)

^b QUEENSLAND UNIVERSITY OF TECHNOLOGY   (Australia)

^c XAVIER UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84947436405     PISSN: 14657503     EISSN: 20436882     Source Type: Journal    
DOI: 10.5367/ijei.2015.0196     Document Type: Article

References (107)

1. Acemoglu, D., and Verdier, T. (2000), 'The choice between market failures and corruption', American Economic Review, Vol 90, pp 194-211.
2. Acs, Z.J., and Audretsch, D.B. (1988), 'Innovation in large and small firms: an empirical analysis', American Economic Review, Vol 78, pp 678-690.
3. Acs, Z.J., Braunerhjelm, P., Audretsch, D.B., and Carlsson, B. (2009), 'The knowledge spillover theory of entrepreneurship', Small Business Economics, Vol 32, No 1, pp 15-30.
4. Aldrich, H.E., and Ruef, M. (2006), Organizations Evolving, TJ International Ltd, Padstow, Cornwall.
5. Alvarez, S.A., and Barney, J.B. (2007), 'Discovery and creation: alternative theories of entrepreneurial action', Strategic Entrepreneurship Journal, Vol 1, Nos 1-2, pp 11-26.
6. Alvarez, S.A., and Barney, J.B. (2010), 'Entrepreneurship and epistemology: the philosophical underpinnings of the study of entrepreneurial opportunities', Academy of Management Annals, Vol 4, No 1, pp 557-583.
7. Alvarez, S.A., and Barney, J.B. (2013), 'Epistemology, opportunities, and entrepreneurship: comments on Venkataraman et al (2012) and Shane (2012)', Academy of Management Review, Vol 38, No 1, pp 154-157.
8. Alvarez, S.A., Barney, J.B., and Anderson, P. (2013), 'Forming and exploiting opportunities: the implications of discovery and creation processes for entrepreneurial and organizational research', Organization Science, Vol 24, No 1, pp 301-317.
9. Alvarez, S.A., Barney, J.B., McBride, R., and Wuebker, R. (2014), 'Realism in the study of entrepreneurship', Academy of Management Review, Vol 39, No 2, pp 227-231.
10. Alvarez, S.A., and Parker, S.C. (2009), 'Emerging firms and the allocation of control rights: a Bayesian approach', Academy of Management Review, Vol 34, No 2, pp 209-227.
11. Alvarez, S.A., Young, S.L., and Woolley, J.L. (2015), 'Opportunities and institutions: a co-creation story of the king crab industry', Journal of Business Venturing, Vol 30, No 1, pp 95-112.
12. Alvord, S.H., Brown, L.D., and Letts, C.W. (2004), 'Social entrepreneurship and societal transformation: an exploratory study', Journal of Applied Behavioral Science, Vol 40, No 3, pp 260-282.
13. Amabile, T.M. (1996), Creativity and Innovation in Organizations, Harvard Business School, Boston, MA.
14. Anokhin, S., and Schulze, W.S. (2009), 'Entrepreneurship, innovation, and corruption', Journal of Business Venturing, Vol 24, No 5, pp 465-476.
15. Ardichvili, A., Cardozo, R., and Ray, S. (2003), 'A theory of entrepreneurial opportunity identification and development', Journal of Business Venturing, Vol 18, No 1, pp 105-123.
16. Austin, J., Stevenson, H., and Wei Skillern, J. (2006), 'Social and commercial entrepreneurship: same, different, or both?' Entrepreneurship Theory and Practice, Vol 30, No 1, pp 1-22.
17. BarNir, A. (2012), 'Starting technologically innovative ventures: reasons, human capital, and gender', Management Decision, Vol 50, No 3, pp 399-419.
18. Berger, P.L., and Luckmann, T. (1991), The Social Construction of Reality: A Treatise in the Sociology of Knowledge, Penguin, Harmondsworth.
19. Berglund, H. (2007), 'Opportunities as existing and created: a study of entrepreneurs in the Swedish mobile internet industry', Journal of Enterprising Culture, Vol 15, No 3, pp 243-273.
20. Bright, J.R. (1969), 'Some management lessons from technological innovation research', Long Range Planning, Vol 2, No 1, pp 36-41.
21. Chell, E., Nicolopoulou, K., and Karataş-Özkan, M. (2010), 'Social entrepreneurship: international and cross-cultural innovation', Entrepreneurship and Regional Development, Vol 22, No 6 (Special Issue).
22. Cho, A.H. (2006), 'Politics, values and social entrepreneurship: a critical appraisal', Social Entrepreneurship, p 280.
23. Christensen, C.M. (1997), The Innovator's Dilemma, Harvard Business School Press, Boston, MA.
24. Christensen, C., Anthony, S., and Roth, E.A. (2013), Seeing What's Next: Using the Theories of Innovation to Predict Industry Change, Harvard Business Press, Boston, MA.
25. Christensen, C.M., Baumann, H., Ruggles, R., and Sadtler, T.M. (2006), 'Disruptive innovation for social change', Harvard Business Review, Vol 84, No 12, p 94.
26. Christensen, C.M., and Bower, J. L. (1996), 'Customer power, strategic investment, and the failure of leading firms', Strategic Management Journal, Vol 17, No 3, pp 197-218.
27. Cliff, J.E., Jennings, P.D., and Greenwood, R. (2006), 'New to the game and questioning the rules: the experiences and beliefs of founders who start imitative versus innovative firms', Journal of Business Venturing, Vol 21, No 5, pp 633-663.
28. Companys, Y.E., and McMullen, J.S. (2007), 'Strategic entrepreneurs at work: the nature, discovery, and exploitation of entrepreneurial opportunities', Small Business Economics, Vol 28, No 4, pp 301-322.
29. Davidsson, P. (2006), Nascent Entrepreneurship: Empirical Studies and Developments, Now Publishers Inc, Norwell, MA.
30. Davidsson, P., and Gordon, S.R. (2012), 'Panel studies of new venture creation: a methods-focused review and suggestions for future research', Small Business Economics, Vol 39, No 4, pp 853-876.
31. Dees, J.G. (1998), 'Enterprising nonprofits', Harvard Business Review, Vol 76, pp 54-69.
32. Dees, J.G., and Anderson, B.B. (2003), 'Sector-bending: blurring lines between nonprofit and for-profit', Society, Vol 40, No 4, pp 16-27.
33. Dees, J.G., Emerson, J., and Economy, P. (2004), Strategic Tools for Social Entrepreneurs: Enhancing the Performance of your Enterprising Nonprofit, John Wiley and Sons, New York.
34. De Soto, H. (2003), Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, Basic Books, New York.
35. DeTienne, D.R., and Chandler, G.N. (2004), 'Opportunity identification and its role in the entrepreneurial classroom: a pedagogical approach and empirical test', Academy of Management Learning and Education, Vol 3, No 3, pp 242-257.
36. DeTienne, D.R., and Chandler, G.N. (2007), 'The role of gender in opportunity identification', Entrepreneurship Theory and Practice, Vol 31, No 3, pp 365-386.
37. Dimov, D. (2010), 'Nascent entrepreneurs and venture emergence: opportunity confidence, human capital, and early planning', Journal of Management Studies, Vol 47, No 6, pp 1123-1153.
38. Dimov, D. (2011), 'Grappling with the unbearable elusiveness of entrepreneurial opportunities', Entrepreneurship Theory and Practice, Vol 35, No 1, pp 57-81.
39. Dreyer, L., Hauschild, M., and Schierbeck, J. (2006), 'A framework for social life cycle impact assessment (10 pp)', International Journal of Life Cycle Assessment, Vol 11, No 2, pp 88-97.
40. Drucker, P.F. (1998), 'The discipline of innovation', Harvard Business Review, Vol 63, No 3, pp 67-72.
41. Eckhardt, J.T., and Ciuchta, M.P. (2008), 'Selected variation: the population-level implications of multistage selection in entrepreneurship', Strategic Entrepreneurship Journal, Vol 2, No 3, pp 209-224.
42. Eckhardt, J.T., and Shane, S.A. (2003), 'Opportunities and entrepreneurship', Journal of Management, Vol 29, No 3, pp 333-349.
43. Eckhardt, J.T., and Shane, S.A. (2013), 'Response to the commentaries: the individual-opportunity (IO) nexus integrates objective and subjective aspects of entrepreneurship', Academy of Management Review, Vol 38, No 1, pp 160-163.
44. Edelman, L., and Yli Renko, H. (2010), 'The impact of environment and entrepreneurial perceptions on venture-creation efforts: bridging the discovery and creation views of entrepreneurship', Entrepreneurship Theory and Practice, Vol 34, No 5, pp 833-856.
45. Edquist, C., ed (1997), Systems of Innovation: Technologies, Institutions, and Organizations, Psychology Press, New York.
46. Forbes, D.P. (2005), 'The effects of strategic decision making on entrepreneurial self efficacy', Entrepreneurship Theory and Practice, Vol 29, No 5, pp 599-626.
47. Gaglio, C.M., and Katz, J.A. (2001), 'The psychological basis of opportunity identification: entrepreneurial alertness', Small Business Economics, Vol 16, No 2, pp 95-111.
48. Garud, R., and Giuliani, A.P. (2013), 'A narrative perspective on entrepreneurial opportunities', Academy of Management Review, Vol 38, No 1, pp 157-160.
49. Garud, R., Kumaraswamy, A., and Karnøe, P. (2010), 'Path dependence or path creation?' Journal of Management Studies, Vol 47, No 4, pp 760-774.
50. Gundry, L.K., Kickul, J.R., Griffiths, M.D., and Bacq, S.C. (2011), 'Creating social change out of nothing: the role of entrepreneurial bricolage in social entrepreneurs' catalytic innovations', Advances in Entrepreneurship, Firm Emergence and Growth, Vol 13, pp 1-24.
51. Hagedoorn, J. (1996), 'Innovation and entrepreneurship: Schumpeter revisited', Industrial and Corporate Change, Vol 5, No 3, pp 883-896.
52. Hechavarria, D.M., Ingram, A., Justo, R., and Terjesen, S. (2012), 'Are women more likely to pursue social and environmental entrepreneurship?' Global Women's Entrepreneurship Research: Diverse Settings, Questions and Approaches, pp 135-151.
53. Hmieleski, K.M., and Baron, R.A. (2009), 'Entrepreneurs' optimism and new venture performance: a social cognitive perspective', Academy of Management Journal, Vol 52, No 3, pp 473-488.
54. Jennings, J.E., Jennings, P.D., and Greenwood, R. (2009), 'Novelty and new firm performance: the case of employment systems in knowledge-intensive service organizations', Journal of Business Venturing, Vol 24, No 4, pp 338-359.
55. Kanter, R. (1986), 'Supporting innovation and venture development in established companies', Journal of Business Venturing, Vol 1, No 1, pp 47-60.
56. Kirzner, I.M. (1979), Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship, University of Chicago Press, Chicago, IL.
57. Kirzner, I.M. (1997), 'Entrepreneurial discovery and the competitive market process: an Austrian approach', Journal of Economic Literature, Vol 35, No 1, pp 60-85.
58. Knight, F.H. (1921), 'Cost of production and price over long and short periods', Journal of Political Economy, Vol 29, No 4, pp 304-335.
59. Koberg, C.S., Detienne, D.R., and Heppard, K.A. (2003), 'An empirical test of environmental, organizational, and process factors affecting incremental and radical innovation', Journal of High Technology Management Research, Vol 14, No 1, pp 21-45.
60. Koellinger, P. (2008), 'Why are some entrepreneurs more innovative than others?' Small Business Economics, Vol 31, No 1, pp 21-37.
61. Leadbeater, C. (1997), The Rise of the Social Entrepreneur, Demos, London.
62. Levesque, M., and Minniti, M. (2006), 'The effect of aging on entrepreneurial behavior', Journal of Business Venturing, Vol 21, No 2, pp 177-194.
63. Liao, J.J., and Welsch, H. (2008), 'Patterns of venture gestation process: exploring the differences between tech and non-tech nascent entrepreneurs', Journal of High Technology Management Research, Vol 19, No 2, pp 103-113.
64. Mair, J., and Marti, I. (2006), 'Social entrepreneurship research: a source of explanation, prediction, and delight', Journal of World Business, Vol 41, No 1, pp 36-44.
65. Maranville, S. (1992), 'Entrepreneurship in the business curriculum', Journal of Education for Business, Vol 68, No 1, pp 27-31.
66. McGrath, R.G., and MacMillan, I.C. (2000), The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty, Harvard Business Press, Boston, MA.
67. Menard, S. (2002), Applied Logistic Regression Analysis, Sage, Thousand Oaks, CA.
68. Meyskens, M., Allen, I.E., and Brush, C.G. (2011), 'Human capital and hybrid ventures', Advances in Entrepreneurship, Firm Emergence and Growth, Vol 13, pp 51-72.
69. Minniti, M., Bygrave, W.D., and Autio, E. (2006), GEM Global Entrepreneurship Monitor: 2005 Executive Report, London Business School, London.
70. Mulgan, G. (2006), 'The process of social innovation', Innovations, Vol 1, No 2, pp 145-162.
71. O'Sullivan, D., and Dooley, L. (2008), Applying Innovation, Sage Publications, Thousand Oaks, CA.
72. Peredo, A.M., and McLean, M. (2006), 'Social entrepreneurship: a critical review of the concept', Journal of World Business, Vol 41, No 1, pp 56-65.
73. Perrini, F., and Vurro, C. (2006), 'Social entrepreneurship: innovation and social change across theory and practice', Social Entrepreneurship, Vol 23, No 1, pp 57-85.
74. Renko, M. (2013), 'Early challenges of nascent social entrepreneurs', Entrepreneurship Theory and Practice, Vol 37, No 5, pp 1045-1069.
75. Renko, M., Shrader, R.C., and Simon, M. (2012), 'Perception of entrepreneurial opportunity: a general framework', Management Decision, Vol 50, No 7, pp 1233-1251.
76. Reynolds, P., Bosma, N., Autio, E., Hunt, S., De Bono, N., Servais, I., Lopez-Garcia, P., and Chin, N. (2005), 'Global entrepreneurship monitor: data collection design and implementation 1998-2003', Small Business Economics, Vol 24, No 3, pp 205-231.
77. Reynolds, P.D. (2007), Entrepreneurship in the United States: The Future is Now, Springer, New York.
78. Reynolds, P.D. (2010), 'New firm creation: a global assessment of national, contextual, and individual factors', Foundations and Trends in Entrepreneurship, Vol 6, Nos 5-6.
79. Reynolds, P.D., and Curtin, R.T. (2009), New Firm Creation in the United States: Initial Explorations with the PSED II Data Set, Springer, New York.
80. Robinson, J. (2006), 'Navigating social and institutional barriers to markets: how social entrepreneurs identify and evaluate opportunities', Social Entrepreneurship, pp 95-120.
81. Roodman, D. (2012), Due Diligence: An Impertinent Inquiry into Microfinance, CGD Books, Leeds.
82. Sarasvathy, S.D. (2001), 'Causation and effectuation: toward a theoretical shift from economic inevitability to entrepreneurial contingency', Academy of Management Review, Vol 26, No 2, pp 243-263.
83. Schenkel, M.T., Hechavarria, D.M., and Matthews, C.H. (2009), 'The role of human and social capital and technology in nascent ventures', New Firm Creation in the United States, Springer, New York, pp 157-183.
84. Schumpeter, J.A. (1934), The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle, Transaction Publishers, New Brunswick, NJ.
85. Shah, S.K., and Tripsas, M. (2007), 'The accidental entrepreneur: the emergent and collective process of user entrepreneurship', Strategic Entrepreneurship Journal, Vol 1, Nos 1-2, pp 123-140.
86. Shane, S. (2000), 'Prior knowledge and the discovery of entrepreneurial opportunities', Organization Science, Vol 11, No 4, pp 448-469.
87. Shane, S. (2012), 'Reflections on the 2010 AMR decade award: delivering on the promise of entrepreneurship as a field of research', Academy of Management Review, Vol 37, No 1, pp 10-20.
88. Shane, S., and Venkataraman, S. (2000), 'The promise of entrepreneurship as a field of research', Academy of Management Review, Vol 25, No 1, pp 217-226.
89. Shane, S., and Venkataraman, S. (2003), 'Guest editors' introduction to the special issue on technology entrepreneurship', Research Policy, Vol 32, No 2, pp 181-184.
90. Shane, S.A. (2000), A General Theory of Entrepreneurship: The Individual-Opportunity Nexus, Edward Elgar Publishing, Northampton, MA.
91. Shane, S.A. (2008), The Illusions of Entrepreneurship: The Costly Myths that Entrepreneurs, Investors, and Policy Makers Live By, Yale University Press, New Haven, CT.
92. Shaw, E., and Carter, S. (2007), 'Social entrepreneurship: theoretical antecedents and empirical analysis of entrepreneurial processes and outcomes', Journal of Small Business and Enterprise Development, Vol 14, No 3, pp 418-434.
93. Shepherd, D.A., and DeTienne, D.R. (2005), 'Prior knowledge, potential financial reward, and opportunity identification', Entrepreneurship Theory and Practice, Vol 29, No 1, pp 91-112.
94. Shepherd, D.A., and Kuratko, D.F. (2009), 'The death of an innovative project: how grief recovery enhances learning', Business Horizons, Vol 52, No 5, pp 451-458.
95. Short, J.C., Moss, T.W., and Lumpkin, G.T. (2009), 'Research in social entrepreneurship: past contributions and future opportunities', Strategic Entrepreneurship Journal, Vol 3, No 2, pp 161-194.
96. Strohmeyer, R., and Tonoyan, V. (2005), 'Bridging the gender gap in employment growth: on the role of innovativeness and occupational segregation', International Journal of Entrepreneurship and Innovation, Vol 6, No 4, pp 259-273.
97. Sundbo, J. (1998), The Theory of Innovation: Entrepreneurs, Technology and Strategy, Edward Elgar Publishing, Northampton, MA.
98. Tang, J., Kacmar, K.M., and Busenitz, L. (2012), 'Entrepreneurial alertness in the pursuit of new opportunities', Journal of Business Venturing, Vol 27, No 1, pp 77-94.
99. Terjesen, S., Lepoutre, J., Justo, R., and Bosma, N. (2012), 'Global Entrepreneurship Research Association (GERA)', Global Entrepreneurship Monitor Report on Social Entrepreneurship: GEM Report, London.
100. Thompson, J.L. (2002), 'The world of the social entrepreneur', International Journal of Public Sector Management, Vol 15, No 5, pp 412-431.
101. Townsend, D.M., Busenitz, L.W., and Arthurs, J.D. (2010), 'To start or not to start: outcome and ability expectations in the decision to start a new venture', Journal of Business Venturing, Vol 25, No 2, pp 192-202.
102. Venkataraman, S., Sarasvathy, S.D., Dew, N., and Forster, W.R. (2012), 'Reflections on the 2010 AMR decade award: whither the promise? Moving forward with entrepreneurship as a science of the artificial', Academy of Management Review, Vol 37, No 1, pp 21-33.
103. Welter, C.T. (2012), Distinguishing Opportunity Types: Why It Matters and How to Do It, Ohio State University, Columbus, OH.
104. Wood, M.S., and McKinley, W. (2010), 'The production of entrepreneurial opportunity: a constructivist perspective', Strategic Entrepreneurship Journal, Vol 4, No 1, pp 66-84.
105. Yang, T., and Aldrich, H.E. (2012), 'Out of sight but not out of mind: why failure to account for left truncation biases research on failure rates', Journal of Business Venturing, Vol 27, No 4, pp 477-492.
106. Zahra, S.A. (2008), 'The virtuous cycle of discovery and creation of entrepreneurial opportunities', Strategic Entrepreneurship Journal, Vol 2, No 3, pp 243-257.
107. Zahra, S.A., Gedajlovic, E., Neubaum, D.O., and Shulman, J.M. (2009), 'A typology of social entrepreneurs: motives, search processes and ethical challenges', Journal of Business Venturing, Vol 24, No 5, pp 519-532.