Venture Archetypes and the Entrepreneurial Event: Cross-Cultural Empirical Evidence

Journal of Enterprising Culture, Vol. 14, No. 1, pp. 27-48, 2006

26 Pages Posted: 8 Jul 2011

See all articles by Tobias Kollmann

Tobias Kollmann

University of Duisburg-Essen

Andreas Kuckertz

University of Hohenheim

Date Written: June 2006

Abstract

This study sheds light on the so-called, "entrepreneurial event," which is of utmost importance within the entrepreneurial process. We develop a framework describing the occurrence of such an event in terms of characteristics of the business opportunity as well as in terms of characteristics of the implementation process. Furthermore, possible entrepreneurial events and influencing factors are theoretically identified. To test our assumptions, a cross-cultural survey among 110 entrepreneurs from seven distinct cultural regions was conducted. Empirical results suggest there are primarily two classes of entrepreneurial events: One part of the entrepreneurial population perceives the moment of first entrepreneurial action as their entrepreneurial event, while the other part needs market acceptance to believe in the viability of the entrepreneurial project. Furthermore, we provide evidence for the existence of four venture archetypes which are related to the circumstances of the entrepreneurial event.

Keywords: Entrepreneurship, culture

JEL Classification: M13

Suggested Citation

Kollmann, Tobias and Kuckertz, Andreas, Venture Archetypes and the Entrepreneurial Event: Cross-Cultural Empirical Evidence (June 2006). Journal of Enterprising Culture, Vol. 14, No. 1, pp. 27-48, 2006, Available at SSRN: https://ssrn.com/abstract=1881668

Tobias Kollmann

University of Duisburg-Essen ( email )

Universitätsstrasse 9
Essen, 45147
Germany

HOME PAGE: http://www.e-entrepreneurship.de

Andreas Kuckertz (Contact Author)

University of Hohenheim ( email )

Wollgrasweg 49
Stuttgart, 70599
Germany
+49 711 459-24820 (Phone)
+49 711 459-24826 (Fax)

HOME PAGE: http://entrepreneurship.uni-hohenheim.de/

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