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Developing and Validating a New Measure of Opportunity Confidence
Jönköping University, Jönköping International Business School, JIBS, Business Administration.ORCID iD: 0000-0002-6363-1382
2019 (English)In: Academy of Management Proceedings / [ed] Guclu Atinc, Academy of Management , 2019, Vol. 2019, no 1Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

Because of ambiguous theorizing and the dearth of agreed-upon methodologies, previous research on the imagination and assessment of emergent ?new venture ideas? / ?opportunity ideas? has tended to confound the perceived qualities of the idea itself with the evaluator?s ability and motivation to act on it. To address this important shortcoming, we develop and test a short and easy-to-use survey instrument designed to measure third-person opportunity confidence (OC), defined as the result of an actor?s evaluation of a new venture idea as a basis for the creation of new economic activity, independent of his or her own abilities and/or motivation to act on this idea. Drawing from five empirical studies conducted with entrepreneur and general population samples, we find that our OC measures meet the criteria for content, discriminant, and criterion validity and show high levels of internal consistency, inter-rater and temporal reliability. The instrument? flexibility, shortness and broad contextual applicability further reinforce its potential for future research. We conclude by discussing how the measure could be applied in several important types of entrepreneurship study.

Place, publisher, year, edition, pages
Academy of Management , 2019. Vol. 2019, no 1
Series
Academy of Management Proceedings, ISSN 0065-0668, E-ISSN 2151-6561 ; 1, ISSN 0065-0668, E-ISSN 2151-6561 ; 1
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-45694DOI: 10.5465/AMBPP.2019.297OAI: oai:DiVA.org:hj-45694DiVA, id: diva2:1345769
Conference
AOM Annual Meeting Proceedings Boston, 2019
Available from: 2019-08-26 Created: 2019-08-26 Last updated: 2019-08-26Bibliographically approved

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Davidsson, Per

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
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  • nn-NB
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  • Other locale
More languages
Output format
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  • asciidoc
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