Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE credits
Background: With the high pace global market development we are experiencing that
there is a need for entreprenurs to always be alert and seize opportunities when they
appear, espcially in the SME- sector. Researchers have during the years worked with
questions surrounding the area of International New Ventures, different opportunity
aspects and entreprenurial processes. However there seems to be a gap in the research
surrounding the correlation between these related areas and how it effects the opportunity
realization process. This gap has lead the researchers to the purpose and the research
question stated below.
Research question: What is the role of the entrepreneurial process in opportunity
realization of Swedish INVs?
Purpose: To conduct an exploratory study to further the knowledge within the field of
opportunity realization within Swedish INVs and to see the impact that the
entrepreneurial process in the shape of Causation and Effectuation logics has in terms of
the realization process.
Methodology: The researchers worked through an abductive approch with an exploratory
purpose where the empirical findings were gathered from four different case companies
that operated in different business sectors. Semi-structured interviews were conducted in
order to collect primary data, founded in the qualitative method background.
Conclusion: The conclusion shows that a correct assessment of the capabilities of the
entrepreneur is extremely important. Failing to provide a correct assessment may lead to
a misinterpreted opportunity which may lead to a failure in terms of Opportunity
realization. The authors concluded that the role of the entreprenerial process is very
central in the Opportunity realization process, especially in the beginning of the venture.
International business, internatinal entrepreneurship, international new ventures, entrepreneurial process, causation & effectuation, opportunity realization.