TY - GEN
T1 - Do great technological ideas make great business opportunities? Entrepreneur's self-regulatory focus in opportunity building
AU - Giones, Ferran
AU - Miralles, Francesc
N1 - Publisher Copyright:
© 2013 IEEE.
PY - 2015/12/10
Y1 - 2015/12/10
N2 - How do technology-based entrepreneurs transform technological ideas into business opportunities? We explore how individual's self-regulatory focus and institutional forces influence in the opportunity construction process. This research addresses the apparent paradox between the exploration efforts of the entrepreneur to find a use for the technological idea, with the institutional pressure advance to opportunity exploitation. We use an inductive multiple-case study with a sample of three technology-based entrepreneurs to shed some light on the phenomena. The results suggest that there is a two-stage process in the transformation of an idea into an opportunity; entrepreneur's ability to moderate their self-regulatory focus is seen to play an important role in this process. These findings hold several implications for entrepreneurs and stakeholders interested in promoting technology-based entrepreneurship.
AB - How do technology-based entrepreneurs transform technological ideas into business opportunities? We explore how individual's self-regulatory focus and institutional forces influence in the opportunity construction process. This research addresses the apparent paradox between the exploration efforts of the entrepreneur to find a use for the technological idea, with the institutional pressure advance to opportunity exploitation. We use an inductive multiple-case study with a sample of three technology-based entrepreneurs to shed some light on the phenomena. The results suggest that there is a two-stage process in the transformation of an idea into an opportunity; entrepreneur's ability to moderate their self-regulatory focus is seen to play an important role in this process. These findings hold several implications for entrepreneurs and stakeholders interested in promoting technology-based entrepreneurship.
KW - Technology-based entrepreneurship
KW - entrepreneurial opportunity
KW - self-regulatory theory
UR - http://www.scopus.com/inward/record.url?scp=84962262323&partnerID=8YFLogxK
U2 - 10.1109/ITMC.2013.7352660
DO - 10.1109/ITMC.2013.7352660
M3 - Conference contribution
AN - SCOPUS:84962262323
T3 - 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013
BT - 2013 International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 19th International Conference on Engineering, Technology and Innovation, ICE 2013 and IEEE International Technology Management Conference, ITMC 2013
Y2 - 24 June 2013 through 26 June 2013
ER -