Kirzner’s (1973) theory of entrepreneurship emphasizes the equilibrating role of entrepreneurship. When the market is not in equilibrium, profit opportunities exist, and entrepreneurs discover and act on these profit opportunities to equilibrate the market. Because Kirzner focuses on entrepreneurial actions when profit opportunities exist, and does not describe where they come from, one could i...

Social media platforms are an indispensable part of entrepreneurship practices. They offer entrepreneurs a platform for business growth and brand development. However, little is known about the effect of social media use on identifying entrepreneurial opportunities. Utilizing social cognition theory, this research focuses on how certain factors—prior knowledge, alertness, and social media—may i...

In order to explain the success of entrepreneurial firms, it is necessary to identify the conditions that generate new business opportunities. Emerging economies such as China are perceived as high risk environments due to fundamental institutional transformations. Yet, there’s no conclusive evidence how the contextual nature of emerging economies impact the conditions for entrepreneurial firms...

It is almost a truism in entrepreneurship research that the entrepreneurial process begins most basically with the discovery of opportunities (Shane & Venkataraman, 2000). Entrepreneurship scholars have also noted that opportunities have distinctive conceptual properties (Venkataraman, 1997). Even so, it has gone almost unnoticed that the basic and distinctive nature of opportunities calls for ...

Background: Health tourism uses a set of services that promote the health and spirit of individuals through weather, nature, or medical care. Entrepreneurship is a process of exploring and using value creation opportunities in the economic, cultural, social, and health sectors. The present study aimed to investigate the development of Iran’s health tourism system based on Stevensonchr('39')s en...

The prevailing theories of entrepreneurship have typically revolved around the ability of individuals to recognize opportunities and then to act on them by starting a new venture. This has generated a literature asking why entrepreneurial behaviour varies across individuals with different characteristics while implicitly holding the external context in which the individual finds herself to be c...

the present paper undertakes to investigate the effect of an organization‘s structural capitals on recognition of entrepreneurial opportunities in knowledge-based companies at eqbal technology and science park of yazd province. the research sample included 75 executive managers working in the sample companies which on the ground of the limited number of the participants, the survey method was u...

This paper develops an analytical framework, namely the concept of entrepreneurial propensity of innovation systems by integrating knowledge intensive entrepreneurship (KIE) and innovation system (IS) concepts. It first uses a composite index methodology to measure knowledge intensive entrepreneurship and entrepreneurial opportunities at the national level. It then assesses the influence of the...