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dc.contributor.authorBuenstorf, Guidoen_US
dc.date.accessioned2006-05-11en_US
dc.date.accessioned2010-05-14T11:16:19Z-
dc.date.available2010-05-14T11:16:19Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/31798-
dc.description.abstractConsiderable debate surrounds the concept of entrepreneurial opportunities. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics. It makes three points. First, adopting an evolutionary market process perspective sheds new light on the nature of opportunities. Second, not only the pursuit of entrepreneurial opportunities, but also the further development of the entrepreneurial venture is dependent on subjective opportunity perception and interpretation. Third, findings on industry evolution help understand how opportunities, as well as agents’ ability and willingness to pursue them, change over time. Effects of pre-entry experience on opportunity recognition and firm performance are also discussed.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0601en_US
dc.subject.jelB25en_US
dc.subject.jelD21en_US
dc.subject.jelM13en_US
dc.subject.jelL10en_US
dc.subject.ddc330en_US
dc.subject.keywordopportunitiesen_US
dc.subject.keywordmarket processen_US
dc.subject.keywordbusiness conceptionsen_US
dc.subject.keywordindustry evolutionen_US
dc.subject.keywordspin-offsen_US
dc.titlePerception and pursuit of entrepreneurial opportunities: an evolutionary economics perspectiveen_US
dc.typeWorking Paperen_US
dc.identifier.ppn511676964en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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