The Nature of Entrepreneurial Opportunities: Understanding the Process Using the 4I Organizational Learning Framework

The Nature of Entrepreneurial Opportunities: Understanding the Process Using the 4I... In this article, we drew upon insights from two rather disparate streams of literature—entrepreneurship and organizational learning—to develop an informed understanding of the phenomenon of entrepreneurial opportunities. We examined the nature of entrepreneurial opportunities from two contrasting views—Schumpeterian and Kirznerian—and delved into their ontological roots. By applying the 4I organizational learning framework to entrepreneurial opportunities, we were able to not only resolve the apparently conflicting explanations of opportunities arising out of the contrasting ontological positions but also to achieve a level of pragmatic synthesis between them. In highlighting the article's contributions to theory and practice, we suggest that just as research on entrepreneurial opportunities benefits from applying organizational learning theory, so is organizational learning informed by research arising within the field of entrepreneurship studies. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Entrepreneurship Theory and Practice Wiley

The Nature of Entrepreneurial Opportunities: Understanding the Process Using the 4I Organizational Learning Framework

Loading next page...
 
/lp/wiley/the-nature-of-entrepreneurial-opportunities-understanding-the-process-yafKN7oV61
Publisher site
See Article on Publisher Site

Abstract

In this article, we drew upon insights from two rather disparate streams of literature—entrepreneurship and organizational learning—to develop an informed understanding of the phenomenon of entrepreneurial opportunities. We examined the nature of entrepreneurial opportunities from two contrasting views—Schumpeterian and Kirznerian—and delved into their ontological roots. By applying the 4I organizational learning framework to entrepreneurial opportunities, we were able to not only resolve the apparently conflicting explanations of opportunities arising out of the contrasting ontological positions but also to achieve a level of pragmatic synthesis between them. In highlighting the article's contributions to theory and practice, we suggest that just as research on entrepreneurial opportunities benefits from applying organizational learning theory, so is organizational learning informed by research arising within the field of entrepreneurship studies.

Journal

Entrepreneurship Theory and PracticeWiley

Published: Jul 1, 2005

References

  • A theory of entrepreneurial opportunity identification and development
    Ardichvili, Ardichvili; Cardozo, Cardozo; Ray, Ray
  • The red queen in organizational creation and development
    Barnett, Barnett; Sorenson, Sorenson
  • Schools of thought in organizational learning
    Bell, Bell; Whitwell, Whitwell; Lukas, Lukas
  • Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision‐making
    Busenitz, Busenitz; Barney, Barney
  • Strategic management of small firms in hostile and benign environments
    Covin, Covin; Slevin, Slevin
  • Organizational learning and strategic renewal
    Crossan, Crossan; Berdrow, Berdrow
  • Organizational learning: Debates past, present and future
    Easterby‐Smith, Easterby‐Smith; Crossan, Crossan; Nicolini, Nicolini
  • Believing is seeing: Joint ventures and organization learning
    Inkpen, Inkpen; Crossan, Crossan

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create folders to
organize your research

Export folders, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off