Entrepreneurial Action: The Creation of New Social Institutions

30 Pages Posted: 22 Apr 2014

See all articles by Russ McBride

Russ McBride

University of Utah - Department of Entrepreneurship & Strategy; Department of Philosophy

Jana Thiel

Robert Wuebker

University of Utah - David Eccles School of Business

Date Written: April 20, 2014

Abstract

Despite calls to integrate opportunity formation into our understanding of entrepreneurial action, the opportunity discovery model continues to dominate scholarship and practice. Current research on entrepreneurial action assumes that the core challenge for entrepreneurs is the problem of running search calculations to discover an opportunity. This paper offers an alternative account of entrepreneurial action, suggesting that the core challenge lies, instead, in the creation and integration of the agent’s venture into the fabric of social reality. We describe a framework for understanding how this is done, and discuss its implications for theory development, practice, and pedagogy.

Keywords: Entrepreneurship, Entrepreneurial Action, Entrepreneurial Process, Social Ontology

Suggested Citation

McBride, Russ and Thiel, Jana and Wuebker, Robert Joseph, Entrepreneurial Action: The Creation of New Social Institutions (April 20, 2014). Available at SSRN: https://ssrn.com/abstract=2427140 or http://dx.doi.org/10.2139/ssrn.2427140

Russ McBride

University of Utah - Department of Entrepreneurship & Strategy ( email )

1655 East Campus Center Dr.
Salt Lake City, UT 84112
United States

Department of Philosophy ( email )

215 South Central Campus Dr.
Carolyn Tanner Irish Humanities Building
Salt Lake City, UT 84112
United States

Robert Joseph Wuebker (Contact Author)

University of Utah - David Eccles School of Business ( email )

1645 East Campus Circle Drive
Salt Lake City, UT 84112-9304
United States

HOME PAGE: http://about.me/rwuebker

No contact information is available for Jana Thiel

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