Patterns of Search and the Newness of Venture Ideas

12 Pages Posted: 28 Feb 2011

See all articles by Jonas Dahlqvist

Jonas Dahlqvist

affiliation not provided to SSRN

Gaylen N. Chandler

Utah State University - Department of Management and Human Resources

Per Davidsson

Queensland University of Technology - Brisbane Graduate School of Business

Date Written: 2006

Abstract

Opportunity has recently received a lot of attention in the entrepreneurship literature because of its expected impact on various outcomes such as the mode of exploitation or profitability. In this paper we related the type of opportunity search (proactive, reactive or fortuitous discovery) to the newness of the venture idea in new business initiatives pursued by existing young firms (n=136). Using a typology by Davidsson (2003), we derive indicator for formative indices of newness. Results show that "searchers" achieve higher scores on "newness to market" than the fortuitous discovers. However, we were not able to distinguish between different types of search.

Keywords: Entrepreneurship

JEL Classification: M13

Suggested Citation

Dahlqvist, Jonas and Chandler, Gaylen N. and Davidsson, Per, Patterns of Search and the Newness of Venture Ideas (2006). Babson College, Babson Kauffman Entrepreneurship Research Conference (BKERC), 2002-2006. Available at SSRN: https://ssrn.com/abstract=1768101

Jonas Dahlqvist (Contact Author)

affiliation not provided to SSRN

Gaylen N. Chandler

Utah State University - Department of Management and Human Resources ( email )

Logan, UT 84322-3530
United States

Per Davidsson

Queensland University of Technology - Brisbane Graduate School of Business ( email )

Brisbane
Australia
+61 7 3864 2051 (Phone)
+61 7 3864 1299 (Fax)

HOME PAGE: http://www.qut.edu.au/ph_server_query.do

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