IDEAS home Printed from https://ideas.repec.org/a/eee/jobuve/v18y2022ics2352673422000415.html
   My bibliography  Save this article

McBride and Wuebker's Socially Objective Opportunities: Do they move the field forward?

Author

Listed:
  • Davidsson, Per

Abstract

McBride and Wuebker's (2022) “Social Objectivity and Entrepreneurial Opportunities” – published in Academy of Management Review and hence potentially influential – provides an improved philosophical basis for ‘creation theory’ compared to earlier attempts in that direction, and it undoubtedly reflects a considerable amount of hard work and an honest intent to make a meaningful contribution. Regrettably, it is also characterized by questionable premises, claims, and conclusions. In this article I identify and discuss these issues and explain why McBride and Wuebker may mislead our field rather than guiding it toward more productive knowledge accumulation and dissemination. I argue that much more is known about new venture creation than their narrow lens allows us to see, and that going forward based on their suggestions would lead to lopsided entrepreneurship research and education.

Suggested Citation

  • Davidsson, Per, 2022. "McBride and Wuebker's Socially Objective Opportunities: Do they move the field forward?," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
  • Handle: RePEc:eee:jobuve:v:18:y:2022:i:c:s2352673422000415
    DOI: 10.1016/j.jbvi.2022.e00343
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2352673422000415
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jbvi.2022.e00343?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Modgil, Sachin & Dwivedi, Yogesh K. & Rana, Nripendra P. & Gupta, Shivam & Kamble, Sachin, 2022. "Has Covid-19 accelerated opportunities for digital entrepreneurship? An Indian perspective," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    2. William B. Gartner, 1988. "“Who Is an Entrepreneur?†Is the Wrong Question," Entrepreneurship Theory and Practice, , vol. 12(4), pages 11-32, April.
    3. Kaish, Stanley & Gilad, Benjamin, 1991. "Characteristics of opportunities search of entrepreneurs versus executives: Sources, interests, general alertness," Journal of Business Venturing, Elsevier, vol. 6(1), pages 45-61, January.
    4. Sharon A. Alvarez & Jay B. Barney & Philip Anderson, 2013. "Forming and Exploiting Opportunities: The Implications of Discovery and Creation Processes for Entrepreneurial and Organizational Research," Organization Science, INFORMS, vol. 24(1), pages 301-317, February.
    5. David J. Hansen & Rodney Shrader & Javier Monllor, 2011. "Defragmenting Definitions of Entrepreneurial Opportunity," Journal of Small Business Management, Taylor & Francis Journals, vol. 49(2), pages 283-304, April.
    6. Israel M. Kirzner, 1997. "Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach," Journal of Economic Literature, American Economic Association, vol. 35(1), pages 60-85, March.
    7. Jiyoung Kimjeon & Per Davidsson, 2022. "External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge," Entrepreneurship Theory and Practice, , vol. 46(3), pages 643-687, May.
    8. Ramoglou, Stratos & Gartner, William B. & Tsang, Eric W.K., 2020. "“Who is an entrepreneur?” is (still) the wrong question," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    9. Davidsson, Per, 2017. "Entrepreneurial opportunities as propensities: Do Ramoglou & Tsang move the field forward?," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 82-85.
    10. Steffen Korsgaard & Henrik Berglund & Claus Thrane & Per Blenker, 2016. "A Tale of Two Kirzners: Time, Uncertainty, and the “Nature†of Opportunities," Entrepreneurship Theory and Practice, , vol. 40(4), pages 867-889, July.
    11. Saras Sarasvathy & Nicholas Dew, 2005. "New market creation through transformation," Journal of Evolutionary Economics, Springer, vol. 15(5), pages 533-565, November.
    12. Per Davidsson & Jan Henrik Gruenhagen, 2021. "Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1083-1118, September.
    13. Holcombe, Randall G, 2003. "The Origins of Entrepreneurial Opportunities," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(1), pages 25-43, March.
    14. Snihur, Yuliya & Clarysse, Bart, 2022. "Sowing the seeds of failure: Organizational identity dynamics in new venture pivoting," Journal of Business Venturing, Elsevier, vol. 37(1).
    15. Robert J. David & Wesley D. Sine & Heather A. Haveman, 2013. "Seizing Opportunity in Emerging Fields: How Institutional Entrepreneurs Legitimated the Professional Form of Management Consulting," Organization Science, INFORMS, vol. 24(2), pages 356-377, April.
    16. Hung, Shih-Chang & Whittington, Richard, 2011. "Agency in national innovation systems: Institutional entrepreneurship and the professionalization of Taiwanese IT," Research Policy, Elsevier, vol. 40(4), pages 526-538, May.
    17. Davidsson, Per & Grégoire, Denis A. & Lex, Maike, 2021. "Venture Idea Assessment (VIA): Development of a needed concept, measure, and research agenda," Journal of Business Venturing, Elsevier, vol. 36(5).
    18. Sarason, Yolanda & Dean, Tom & Dillard, Jesse F., 2006. "Entrepreneurship as the nexus of individual and opportunity: A structuration view," Journal of Business Venturing, Elsevier, vol. 21(3), pages 286-305, May.
    19. Scott Shane, 2000. "Prior Knowledge and the Discovery of Entrepreneurial Opportunities," Organization Science, INFORMS, vol. 11(4), pages 448-469, August.
    20. Low, Murray B. & Abrahamson, Eric, 1997. "Movements, bandwagons, and clones: Industry evolution and the entrepreneurial process," Journal of Business Venturing, Elsevier, vol. 12(6), pages 435-457, November.
    21. Ödül Bozkurt & Mirela Xheneti & Vicky, 2022. "On the Front Line of the Circular Economy: The Entrepreneurial, Identity and Institutional Work of a Female Entrepreneur towards the Circular Transition," Work, Employment & Society, British Sociological Association, vol. 36(1), pages 156-166, February.
    22. Dimo Dimov, 2011. "Grappling with the Unbearable Elusiveness of Entrepreneurial Opportunities," Entrepreneurship Theory and Practice, , vol. 35(1), pages 57-81, January.
    23. Dimo Dimov, 2007. "Beyond the Single-Person, Single-Insight Attribution in Understanding Entrepreneurial Opportunities," Entrepreneurship Theory and Practice, , vol. 31(5), pages 713-731, September.
    24. Davidsson, Per, 2015. "Entrepreneurial opportunities and the entrepreneurship nexus: A re-conceptualization," Journal of Business Venturing, Elsevier, vol. 30(5), pages 674-695.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Per Davidsson, 2023. "Making contributions: personal reflections from the co-creative evolution of entrepreneurship research," Small Business Economics, Springer, vol. 61(4), pages 1391-1410, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Per Davidsson, 2023. "Ditching Discovery-Creation for Unified Venture Creation Research," Entrepreneurship Theory and Practice, , vol. 47(2), pages 594-612, March.
    2. Lanivich, Stephen E. & Smith, Adam & Levasseur, Ludvig & Pidduck, Robert J. & Busenitz, Lowell & Tang, Jintong, 2022. "Advancing entrepreneurial alertness: Review, synthesis, and future research directions," Journal of Business Research, Elsevier, vol. 139(C), pages 1165-1176.
    3. Fellnhofer, Katharina, 2022. "Entrepreneurial alertness toward responsible research and innovation: Digital technology makes the psychological heart of entrepreneurship pound," Technovation, Elsevier, vol. 118(C).
    4. Xiaoti Hu & Susan Marlow & Angelika Zimmermann & Lee Martin & Regina Frank, 2020. "Understanding Opportunities in Social Entrepreneurship: A Critical Realist Abstraction," Entrepreneurship Theory and Practice, , vol. 44(5), pages 1032-1056, September.
    5. Stratos Ramoglou & William B. Gartner, 2023. "A Historical Intervention in the “Opportunity Wars†: Forgotten Scholarship, the Discovery/Creation Disruption, and Moving Forward by Looking Backward," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1521-1538, July.
    6. Per L. Bylund & Mark D. Packard, 2022. "Subjective value in entrepreneurship," Small Business Economics, Springer, vol. 58(3), pages 1243-1260, March.
    7. Gabriel A. Giménez Roche & Didier Calcei, 2021. "The role of demand routines in entrepreneurial judgment," Small Business Economics, Springer, vol. 56(1), pages 209-235, January.
    8. Erik Lundmark & Anna Krzeminska & Dean A. Shepherd, 2019. "Images of Entrepreneurship: Exploring Root Metaphors and Expanding Upon Them," Entrepreneurship Theory and Practice, , vol. 43(1), pages 138-170, January.
    9. Vandor, Peter & Franke, Nikolaus, 2016. "See Paris and… found a business? The impact of cross-cultural experience on opportunity recognition capabilities," Journal of Business Venturing, Elsevier, vol. 31(4), pages 388-407.
    10. Peter Klein & Per Bylund, 2014. "The place of Austrian economics in contemporary entrepreneurship research," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(3), pages 259-279, September.
    11. Satish Nambisan, 2017. "Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(6), pages 1029-1055, November.
    12. Sarooghi, Hessam & AdelRastkhiz, Seyedeh Elahe & Hornsby, Jeffrey, 2021. "Heterogeneity of entrepreneurial opportunities as design artifacts: A business model perspective," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    13. Frederik von Briel & Per Davidsson & Jan Recker, 2018. "Digital Technologies as External Enablers of New Venture Creation in the IT Hardware Sector," Entrepreneurship Theory and Practice, , vol. 42(1), pages 47-69, January.
    14. Gregory O’Shea & Steffen Farny & Henri Hakala, 2021. "The buzz before business: a design science study of a sustainable entrepreneurial ecosystem," Small Business Economics, Springer, vol. 56(3), pages 1097-1120, February.
    15. Heiko Bergmann, 2017. "The formation of opportunity beliefs among university entrepreneurs: an empirical study of research- and non-research-driven venture ideas," The Journal of Technology Transfer, Springer, vol. 42(1), pages 116-140, February.
    16. Per Davidsson, 2023. "Making contributions: personal reflections from the co-creative evolution of entrepreneurship research," Small Business Economics, Springer, vol. 61(4), pages 1391-1410, December.
    17. Jiyoung Kimjeon & Per Davidsson, 2022. "External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge," Entrepreneurship Theory and Practice, , vol. 46(3), pages 643-687, May.
    18. Ramoglou, Stratos & Tsang, Eric W.K., 2017. "Accepting the unknowables of entrepreneurship and overcoming philosophical obstacles to scientific progress," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 71-77.
    19. Jean-Marie Nkongolo-Bakenda & Elie V. Chrysostome, 2020. "Exploring the organizing and strategic factors of diasporic transnational entrepreneurs in Canada: An empirical study," Journal of International Entrepreneurship, Springer, vol. 18(3), pages 336-372, September.
    20. Jeffery S. McMullen & Katrina M. Brownell & Joel Adams, 2021. "What Makes an Entrepreneurship Study Entrepreneurial? Toward A Unified Theory of Entrepreneurial Agency," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1197-1238, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jobuve:v:18:y:2022:i:c:s2352673422000415. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-business-venturing-insights .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.