Three Views of Entrepreneurial Opportunity

Handbook of Entrepreneurship, Zolton Acs (ed.). Boston, MA: Kluwer Academic Press, 141-160

Batten Institute Research Paper No. 2003 V 2

20 Pages Posted: 8 Mar 2016

See all articles by Saras D. Sarasvathy

Saras D. Sarasvathy

University of Virginia - Darden School of Business

Nicholas Dew

University of Virginia - Darden School of Business

S. Ramakrishna Velamuri

CEIBS

S. Venkataraman

University of Virginia - Darden School of Business

Date Written: 2003

Abstract

For almost fifty years now, following the trail of issues raised by economists such as Hayek, Schumpeter, Kirzner and Arrow, researchers have studied the economics of technological change and the problem of allocation of resources for invention (invention being the production of information). The bulk of this literature simply assumes that new technical information will either be traded as a commodity or become embodied in products and services (hereafter called ‘economic goods'), without addressing any specific mechanisms or processes for the transformation of new information into new economic goods or new economic entities (such as new firms and new markets). It is inside this gap that we begin our quest for the concept of an “entrepreneurial opportunity.”

Suggested Citation

Sarasvathy, Saras D. and Dew, Nicholas and Velamuri, S. Ramakrishna and Venkataraman, S., Three Views of Entrepreneurial Opportunity (2003). Handbook of Entrepreneurship, Zolton Acs (ed.). Boston, MA: Kluwer Academic Press, 141-160 , Batten Institute Research Paper No. 2003 V 2, Available at SSRN: https://ssrn.com/abstract=1442950

Saras D. Sarasvathy (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.effectuation.org

Nicholas Dew

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

S. Ramakrishna Velamuri

CEIBS ( email )

Shanghai-Hongfeng Road
Shanghai 201206
Shanghai 201206
China

S. Venkataraman

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
248
Abstract Views
1,356
rank
146,955
PlumX Metrics