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Defragmenting Definitions of Entrepreneurial Opportunity*

2011; Wiley; Volume: 49; Issue: 2 Linguagem: Inglês

10.1111/j.1540-627x.2011.00325.x

0047-2778

David J. Hansen, Rodney C. Shrader, Javier Monllor,

Private Equity and Venture Capital

Journal of Small Business ManagementVolume 49, Issue 2 p. 283-304 Defragmenting Definitions of Entrepreneurial Opportunity* David J. Hansen, Corresponding Author David J. Hansen College of CharlestonDavid J. Hansen, Department of Management and Entrepreneurship, College of Charleston, 5 Liberty Street, Charleston, SC 29401. E-mail: [email protected].Search for more papers by this authorRodney Shrader, Rodney Shrader University of Illinois at ChicagoSearch for more papers by this authorJavier Monllor, Javier Monllor DePaul University in Chicago, IllinoisSearch for more papers by this author David J. Hansen, Corresponding Author David J. Hansen College of CharlestonDavid J. Hansen, Department of Management and Entrepreneurship, College of Charleston, 5 Liberty Street, Charleston, SC 29401. E-mail: [email protected].Search for more papers by this authorRodney Shrader, Rodney Shrader University of Illinois at ChicagoSearch for more papers by this authorJavier Monllor, Javier Monllor DePaul University in Chicago, IllinoisSearch for more papers by this author First published: 29 March 2011 https://doi.org/10.1111/j.1540-627X.2011.00325.xCitations: 114 † Earlier versions of this paper were presented at the 2007 and 2009 Babson College Entrepreneurship Research Conference. We would like to thank the attendees of both presentations for their helpful comments. We would also like to thank the two anonymous reviewers and Denis Grégoire for their helpful comments. ‡ David J. Hansen is an assistant professor of entrepreneurship at the College of Charleston. His primary research focus examines the interface between entrepreneurial opportunity, product innovation and creativity. He is particularly interested in the conception and development of ideas into new products and businesses. He is also interested in researching in the context of sustainable entrepreneurship. § Rodney Shrader is an associate professor of management and entrepreneurship at University of Illinois at Chicago. His research on high-growth entrepreneurial ventures has focused primarily on internationalization, acquisitions, biotechnology, and opportunity recognition. ¶ Javier Monllor is an assistant professor of management and entrepreneurship at DePaul University in Chicago, Illinois. His research interests include social entrepreneurship, opportunity recognition, creativity and entrepreneurial cognition. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Abstract We examined 19 years worth of definitions of entrepreneurial opportunity and opportunity-related processes. We found 56 articles in six entrepreneurship-focused publications, with a total of 49 conceptual definitions and 32 operational definitions. Among those definitions, we identified 25 distinct conceptual and 12 operational elements of opportunity plus 48 conceptual and 39 operational elements of opportunity-related processes. We found considerable fragmentation across conceptual and operational elements. 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