From Venture Idea to Venture Opportunity

Peter Vogel

doi:10.1111/etap.12234

From Venture Idea to Venture Opportunity

Technology entrepreneurship and managing director Center for Entrepreneurship, Institute of Technology Management, University of St. Gallen, Dufourstrasse 40a, 9000 St. Gallen, Switzerland.

Entrepreneurship Theory and Practice 2017

Opportunities are a core construct in the field of entrepreneurship. Despite recent advances suggesting the separation of ideas from opportunities, the field still suffers from conceptual deficiencies. This article builds on this distinction and leverages insights from creativity and innovation management literature to propose a framework that allows tracing the evolution of a venture from first insight to exploitation. It discusses real–time/longitudinal and retrospective measurement techniques from the fields of entrepreneurship, creativity, and innovation management to empirically capture the framework. Several research questions for future studies are provided, concluding with a discussion of implications for research and practice.

DOI: 10.1111/etap.12234
Volume: 41 (6)
Pages: 943-971
Language: en
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