Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Determinants of exploitation of innovative venture ideas: A study of nascent entrepreneurs in an advisory system
Mälardalen University, School of Business, Society and Engineering.ORCID iD: 0000-0001-9973-5207
2013 (English)Doctoral thesis, monograph (Other academic)
Abstract [en]

This study contributes to nascent entrepreneurship research by investigating factors on the individual and opportunity levels of analysis that determine the exploitation of innovative venture ideas. As a result of the literature review three theoretical perspectives were chosen to organize the factors: human and social capital, entrepreneurial self-efficacy, and domain definition strategy. The analysis of the chosen factors is based on hypotheses formulated on the basis of the literature review concerning the impact of the factors on the performance of nascent entrepreneurs during the discovery process. Empirical data were collected from the survey of 409 nascent entrepreneurs who addressed a public advisory agency in Stockholm area.

Research findings show that among all factors, statistically significant predictors of exploitation of venture ideas are social capital in terms of the contact with counselors and number of ties with different actors, planning and marshaling self-efficacy, initial investment, tangibility and innovativeness of the future offerings. As for the direction of relationships, too many ties with different networks and higher planning self-efficacy influence exploitation in a negative way. Among variables related to domain definition strategy, entrepreneurs with innovative venture ideas based on services have higher probability of exploiting their ideas. Those who have made initial investment into the development of venture ideas and have a frequent contact with counselors are more likely to continue exploitation efforts. Of five dimensions of entrepreneurial self-efficacy, higher marshaling self-efficacy was shown to positively contribute to the exploitation process.

It is especially difficult during the early stages of entrepreneurial process to predict which venture ideas will survive, thus, nascent entrepreneurship assistance should encourage experimentation. Although it is difficult to make generalizations from the study about nascent entrepreneurs in the Stockholm area, it can be advised to encourage the development of new services and enhance the entrepreneurial potential of nascent entrepreneurs by developing their entrepreneurial self-efficacy, especially marshaling self-efficacy.

Place, publisher, year, edition, pages
Västerås: Mälardalen University , 2013. , 189 p.
Series
Mälardalen University Press Dissertations, ISSN 1651-4238 ; 145
Keyword [en]
nascent entrepreneurship, entrepreneurial self-efficacy, opportunity variation, exploitation
National Category
Social Sciences
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-22749ISBN: 978-91-7485-124-3 (print)OAI: oai:DiVA.org:mdh-22749DiVA: diva2:663452
Public defence
2013-12-09, Pi, Högskoleplan 1, Mälardalens högskola, Västerås, 10:00 (English)
Opponent
Supervisors
Available from: 2013-11-12 Created: 2013-11-11 Last updated: 2013-11-22Bibliographically approved

Open Access in DiVA

fulltext(2014 kB)448 downloads
File information
File name FULLTEXT01.pdfFile size 2014 kBChecksum SHA-512
393ab65fad76f6ecc0ab852581cf956116c25d87e0ca87a6a46b1f5e3669fe24f53d1ad3df6b4279236f1a0936163f99f3e1e84984ea3a413f0358b6e95f913d
Type fulltextMimetype application/pdf

Authority records BETA

Osmonalieva, Zarina

Search in DiVA

By author/editor
Osmonalieva, Zarina
By organisation
School of Business, Society and Engineering
Social Sciences

Search outside of DiVA

GoogleGoogle Scholar
Total: 448 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

isbn
urn-nbn

Altmetric score

isbn
urn-nbn
Total: 2278 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf