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Measuring the market newness of new ventures
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Centre for Innovation Systems, Entrepreneurship and Growth.
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
2012 (engelsk)Inngår i: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 27, nr 2, s. 185-196Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

The present lack of instruments for measuring entrepreneurial opportunity is hampering progress in entrepreneurship research and fundamental hypotheses about opportunity variance are not being tested. This paper sets out to validate a measure of market newness in new ventures based in Austrian Economics, assuming a view of opportunity as objective and discoverable. Empirically, a sample of 250 new internal ventures in gestation was examined regarding to whom these ventures presented something new in terms of geographical extension or new customer groups. The measure improves on existing instruments by providing more intrinsic range while being firmly anchored in an Austrian Economics framework.

sted, utgiver, år, opplag, sider
2012. Vol. 27, nr 2, s. 185-196
Emneord [en]
entrepreneurial opportunity, individual-opportunity nexus, Austrian economics, Kirzner, measurement theory
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-17382DOI: 10.1016/j.jbusvent.2010.12.001ISI: 000300141400002Scopus ID: 2-s2.0-84855304070OAI: oai:DiVA.org:hj-17382DiVA, id: diva2:481976
Tilgjengelig fra: 2012-01-23 Laget: 2012-01-23 Sist oppdatert: 2019-02-21bibliografisk kontrollert

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