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Toward the Emergence of Entrepreneurial Opportunities: Organizing Early-phase New-venture Creation Support Systems
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.ORCID iD: 0000-0001-8340-9853
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.ORCID iD: 0000-0001-5564-360X
University of Bath.ORCID iD: 0000-0003-0894-7736
2022 (English)In: Academy of Management Review, ISSN 0363-7425, E-ISSN 1930-3807, Vol. 47, no 1, p. 162-183Article in journal (Refereed) Published
Abstract [en]

Support systems for early venturing efforts need to be harmonious with the emergent nature of those efforts. With current literature treating the conceptions of new ventures as exogenous, there has been limited focus on the transition of venturing efforts from nebulous, open-ended, and accidental toward becoming scalable, focused, and deliberate. We develop a dynamic model for organizing support systems for the early phases of new-venture creation, where scattered ideas evolve into venture concepts as tokens, frames, and premises for further action. By viewing venturing efforts and opportunities as emergent and drawing on the literature on complexity and organizational space, we propose openness, self-selection, visibility, and connectivity as the defining characteristics for organizing support systems. In contrast to literature's predominant focus on a predictive, linear approach, we expand the theoretical scope of support systems to include organizing that is more attuned to the uncertain and nonlinear nature of new venture creation that they support. Our work has broader implications for organizing uncertain early-phase development processes.

Place, publisher, year, edition, pages
Academy of Management , 2022. Vol. 47, no 1, p. 162-183
Keywords [en]
entrepreneurship, entrepreneurial opportunities, entrepreneurial ecosystems, emergence, new-venture creation
National Category
Business Administration
Identifiers
URN: urn:nbn:se:umu:diva-175690DOI: 10.5465/amr.2019.0040ISI: 000765989100009Scopus ID: 2-s2.0-85123547383OAI: oai:DiVA.org:umu-175690DiVA, id: diva2:1473553
Part of project
Organizing interactive spaces: Towards understanding, explaining and influencing effective support systems for new venture creation, Riksbankens Jubileumsfond
Funder
Riksbankens Jubileumsfond, P19-0597:1Available from: 2020-10-06 Created: 2020-10-06 Last updated: 2023-09-05Bibliographically approved

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Nair, SujithGaim, Medhanie

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