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Opportunity Recognition: An Exploratory Investigation of a Component of the Entrepreneurial Process in the Context of the Health Care Industry

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  • Richard L. Mccline
  • Subodh Bhat
  • Pam Baj

Abstract

In this study we build upon a conceptualization of part of the entrepreneurship process that is frequently labeled “entrepreneurial attitude orientation.†This study uses a contextually rich conceptualization of a new exploratory measure, “entrepreneurial opportunity recognition†(EOR), that is modeled after the attitudinal approach used by Robinson, Stimpson, Huefner, and Hunt (1991). The study also uses a relatively unexplored industry context, the change-charged health care industry, to explore the potential of this new scale to correctly classify entrepreneurs from non-entrepreneurs. Results suggest a promising potential for the EOR and the attitude approach in entrepreneurship research.

Suggested Citation

  • Richard L. Mccline & Subodh Bhat & Pam Baj, 2000. "Opportunity Recognition: An Exploratory Investigation of a Component of the Entrepreneurial Process in the Context of the Health Care Industry," Entrepreneurship Theory and Practice, , vol. 25(2), pages 81-94, December.
  • Handle: RePEc:sae:entthe:v:25:y:2000:i:2:p:81-94
    DOI: 10.1177/104225870002500205
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    References listed on IDEAS

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    Cited by:

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    3. Ravindra Jain & Saiyed Wajid Ali & Sachin Kamble, 2015. "Entrepreneurial and Intrapreneurial Attitudes: Conceptualization, Measure Development, Measure Test and Model Fit," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 40(1-2), pages 1-21, February.
    4. Andrew C. Corbett, 2005. "Experiential Learning within the Process of Opportunity Identification and Exploitation," Entrepreneurship Theory and Practice, , vol. 29(4), pages 473-491, July.
    5. Rosemary Athayde, 2009. "Measuring Enterprise Potential in Young People," Entrepreneurship Theory and Practice, , vol. 33(2), pages 481-500, March.
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    7. Sefiani, Yassine & Davies, Barry & Bown, Robin & Kite, Neilson, 2016. "The interface of networking and 'wasta' in an Arabic context," MPRA Paper 71889, University Library of Munich, Germany.
    8. Muzychenko, Olga & Liesch, Peter W., 2015. "International opportunity identification in the internationalisation of the firm," Journal of World Business, Elsevier, vol. 50(4), pages 704-717.
    9. Ravindra Jain & Saiyed Wajid Ali, 2012. "Personal Characteristics of Indian Entrepreneurs and Intrapreneurs," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 37(4), pages 295-322, November.
    10. Ravindra K. Jain, 2011. "Entrepreneurial Competencies," Vision, , vol. 15(2), pages 127-152, June.
    11. Evers, Natasha & Andersson, Svante, 2021. "Predictive and effectual decision-making in high-tech international new ventures – A matter of sequential ambidexterity," International Business Review, Elsevier, vol. 30(1).
    12. Ravindra Jain & Saiyed Wajid Ali, 2013. "Self-Efficacy Beliefs, Marketing Orientation and Attitude Orientation of Indian Entrepreneurs," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 22(1), pages 71-95, March.
    13. Alona Martiarena, 2022. "How gender stereotypes shape venture growth expectations," Small Business Economics, Springer, vol. 58(2), pages 1015-1034, February.
    14. Manel Plana-Farran & Àngel Blanch & Silvia Solé, 2022. "The Role of Mindfulness in Business Administration (B.A.) University Students’ Career Prospects and Concerns about the Future," IJERPH, MDPI, vol. 19(3), pages 1-10, January.
    15. Peyman Pournasr Khakbaz, 2012. "An Examination and Analysis of Municipal Scientific and Applied University Students Entrepreneurial Attitude," Journal of Education and Vocational Research, AMH International, vol. 3(2), pages 71-79.
    16. Aydemir, Nisa Yazici & Huang, Wan-Ling & Welch, Eric W., 2022. "Late-stage academic entrepreneurship: Explaining why academic scientists collaborate with industry to commercialize their patents," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    17. Rick Newby & John Watson & David Woodliff, 2003. "SME Survey Methodology: Response Rates, Data Quality, and Cost Effectiveness," Entrepreneurship Theory and Practice, , vol. 28(2), pages 163-172, March.
    18. Gayoung Kim & Dohyeon Kim & Woo Jin Lee & Sunyoung Joung, 2020. "The Effect of Youth Entrepreneurship Education Programs: Two Large-Scale Experimental Studies," SAGE Open, , vol. 10(3), pages 21582440209, September.
    19. Zhongfeng Su, 2021. "The co-evolution of institutions and entrepreneurship," Asia Pacific Journal of Management, Springer, vol. 38(4), pages 1327-1350, December.
    20. Sefiani, Yassine & Davies, Barry & Bown, Robin, 2016. "The perceptual effects of location on the performance of small businesses," MPRA Paper 74768, University Library of Munich, Germany.
    21. Paola Spagnoli & Susana C. Santos & Antonio Caetano, 2017. "Adaptation Of The Attitude Toward Enterprise Test In The Italian High School And University Contexts," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 22(01), pages 1-16, March.

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