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The entrepreneurial process
Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Business Administration.ORCID iD: 0000-0002-6363-1382
2012 (English)In: Enterprise and Small Business: principles, practice and policy / [ed] Carter, S & D. & Jones-Evans, D., Harlow: Pearson , 2012, 3, 95-119 p.Chapter in book (Other academic)
Abstract [en]

This chapter revolves around research-based insights into the entrepreneurial process. By is meant the process of setting up a new business activity resulting in a new market offer. This new offer may be made by a new or an existing firm, although the main focus here is on the start-up of new, independent firms. Further, the new offer maybe innovative, bringing to the market something that was not offered before or imita­tive i.e., a new competitor enters the market with products or services very similar to what other firms are already offering. Although the lsatter type of process may be less complex and also have less market impact, it still entails most of the steps that typically have to be taken in order to get a business up and running. If successful, it also shares, at least to some degree, the consequences that signify entrepreneurial processes:

- it gives consumers new choice alternatives- it gives incumbent firms reason to shape up- it attracts additional followers to enter the market, further reinforcing the first two effects (Davidsson, 2004).

Besides, imitative start-ups outnumber by far innovative ones (Reynolds et al., 2003; Samuelsson and Davidsson, 2009).

Place, publisher, year, edition, pages
Harlow: Pearson , 2012, 3. 95-119 p.
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-20473ISBN: 0-273-72610-2 (print)OAI: oai:DiVA.org:hj-20473DiVA: diva2:600705
Available from: 2013-01-25 Created: 2013-01-25 Last updated: 2015-12-22Bibliographically approved

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Citation style
  • apa
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