Information Exposure, Opportunity Evaluation and Entrepreneurial Action: An Investigation of an Online User Community

Imperial College Business School Innovation and Entrepreneurship Group Working Paper No. 2013-1

55 Pages Posted: 6 Mar 2013

See all articles by Erkko Autio

Erkko Autio

Imperial College Business School; Tilburg University School of Economics and Management

Linus Dahlander

Stanford University; Imperial College London

Lars Frederiksen

Aarhus University - School of Business and Social Sciences

Date Written: January 10, 2013

Abstract

We study how an individual’s exposure to external information regulates the evaluation of entrepreneurial opportunities and entrepreneurial action. Combining data from interviews, a survey, and a comprehensive web log of an online user community spanning eight years, we find that technical information shaped opportunity evaluation, and social information about user needs drove individuals to entrepreneurial action. Our empirical findings suggest that reducing demand uncertainty is a central factor regulating of entrepreneurial action, an insight that received theories of entrepreneurial action have so far overlooked.

Keywords: entrepreneurial action, action theory of entrepreneurship, information exposure, user entrepreneurship

JEL Classification: M13

Suggested Citation

Autio, Erkko and Dahlander, Linus and Frederiksen, Lars, Information Exposure, Opportunity Evaluation and Entrepreneurial Action: An Investigation of an Online User Community (January 10, 2013). Imperial College Business School Innovation and Entrepreneurship Group Working Paper No. 2013-1, Available at SSRN: https://ssrn.com/abstract=2229393 or http://dx.doi.org/10.2139/ssrn.2229393

Erkko Autio (Contact Author)

Imperial College Business School ( email )

South Kensington Campus
Exhibition Road
London SW7 2AZ, SW7 2AZ
United Kingdom
+447786226452 (Phone)

HOME PAGE: http://www.imperial.ac.uk/people/erkko.autio

Tilburg University School of Economics and Management ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

Linus Dahlander

Stanford University ( email )

Stanford, CA 94305
United States

Imperial College London ( email )

South Kensington Campus
Exhibition Road
London, Greater London SW7 2AZ
United Kingdom

Lars Frederiksen

Aarhus University - School of Business and Social Sciences ( email )

Bartholins Allé 10
Building 1327, room 222
DK-8000 Aarhus, 8000
Denmark

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