Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model
The purpose of this paper is to expand upon existing entrepreneurial opportunity recognition model that builds on the existing theoretical literature, utilises Dubin's theory-building framework. It identifies entrepreneurial awareness and viable business plan as the determinant of entrepreneur...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-01-01
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| Series: | International Review of Management and Marketing |
| Online Access: | https://www.econjournals.com/index.php/irmm/article/view/3292 |
| _version_ | 1828026049855750144 |
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| author | Kabir Shamsudeen Ooi Yeng Keat Hazlinda Hassan |
| author_facet | Kabir Shamsudeen Ooi Yeng Keat Hazlinda Hassan |
| author_sort | Kabir Shamsudeen |
| collection | DOAJ |
| description |
The purpose of this paper is to expand upon existing entrepreneurial opportunity recognition model that builds on the existing theoretical literature, utilises Dubin's theory-building framework. It identifies entrepreneurial awareness and viable business plan as the determinant of entrepreneurial success within the process opportunity recognition and exploitation. Entrepreneurial awareness is the central component of opportunity recognition process. Entrepreneurial awareness and viable business plan, is the basic condition for the success of the opportunity recognition and exploitation process which in turn yielding a successful entrepreneurial outcome. A proposed conceptual model, a set of propositions, and suggestions for further research are provided.
Keyword: Entrepreneurial awareness, viable business plan, Opportunity Recognition, Exploitation Process Model
JEL Classifications: L2, L26
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| first_indexed | 2024-04-10T13:12:05Z |
| format | Article |
| id | doaj.art-f7f153a8cd3f4ca5bb5b43ab95358a62 |
| institution | Directory Open Access Journal |
| issn | 2146-4405 |
| language | English |
| last_indexed | 2024-04-10T13:12:05Z |
| publishDate | 2017-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Review of Management and Marketing |
| spelling | doaj.art-f7f153a8cd3f4ca5bb5b43ab95358a622023-02-15T16:12:34ZengEconJournalsInternational Review of Management and Marketing2146-44052017-01-0171Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition ModelKabir Shamsudeen0Ooi Yeng Keat1Hazlinda Hassan21. School of Business Management, College of Business, Universiti Utara Malaysia, Malaysia 2. Economic Department, Shehu Shagari College of Education, Sokoto, Sokoto State, Nigeria1. School of Business Management, College of Business, Universiti Utara Malaysia, Malaysia1. School of Business Management, College of Business, Universiti Utara Malaysia, Malaysia The purpose of this paper is to expand upon existing entrepreneurial opportunity recognition model that builds on the existing theoretical literature, utilises Dubin's theory-building framework. It identifies entrepreneurial awareness and viable business plan as the determinant of entrepreneurial success within the process opportunity recognition and exploitation. Entrepreneurial awareness is the central component of opportunity recognition process. Entrepreneurial awareness and viable business plan, is the basic condition for the success of the opportunity recognition and exploitation process which in turn yielding a successful entrepreneurial outcome. A proposed conceptual model, a set of propositions, and suggestions for further research are provided. Keyword: Entrepreneurial awareness, viable business plan, Opportunity Recognition, Exploitation Process Model JEL Classifications: L2, L26 https://www.econjournals.com/index.php/irmm/article/view/3292 |
| spellingShingle | Kabir Shamsudeen Ooi Yeng Keat Hazlinda Hassan Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model International Review of Management and Marketing |
| title | Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model |
| title_full | Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model |
| title_fullStr | Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model |
| title_full_unstemmed | Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model |
| title_short | Entrepreneurial Success within the Process of Opportunity Recognition and Exploitation: An expansion of Entrepreneurial Opportunity Recognition Model |
| title_sort | entrepreneurial success within the process of opportunity recognition and exploitation an expansion of entrepreneurial opportunity recognition model |
| url | https://www.econjournals.com/index.php/irmm/article/view/3292 |
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