Forming and Exploiting Opportunities: The Implications of Discovery and Creation Processes for Entrepreneurial and Organizational Research

Authors:
Sharon A. Alvarez;Jay B. Barney;Philip Anderson
Affiliations:
Fisher College of Business, Ohio State University, Columbus, Ohio 43210;Fisher College of Business, Ohio State University, Columbus, Ohio 43210;INSEAD, Abu Dhabi, United Arab Emirates
Venue:
Organization Science
Year:
2013

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Abstract

Research on opportunities has received significant attention in entrepreneurship in the last decade. However, recently the focus has shifted from opportunities themselves to the processes that form and exploit them. This paper traces the history of opportunity origins and draws upon the implications of opportunity types to suggest associated entrepreneurial processes. This paper then suggests future research and applications based on processes used to form and exploit opportunities.