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dc.contributor.authorBuenstorf, Guidoen
dc.date.accessioned2006-05-11-
dc.date.accessioned2010-05-14T11:16:19Z-
dc.date.available2010-05-14T11:16:19Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x0601en
dc.subject.jelB25en
dc.subject.jelD21en
dc.subject.jelM13en
dc.subject.jelL10en
dc.subject.ddc330en
dc.subject.keywordopportunitiesen
dc.subject.keywordmarket processen
dc.subject.keywordbusiness conceptionsen
dc.subject.keywordindustry evolutionen
dc.subject.keywordspin-offsen
dc.titlePerception and pursuit of entrepreneurial opportunities: an evolutionary economics perspective-
dc.typeWorking Paperen
dc.identifier.ppn511676964en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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