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Emerging Student Entrepreneurship – From Ideas to Opportunities. Comparative Study in France, Germany, and Sweden

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  • Asplund, Carl-Johan
  • Léger-Jarniou, Catherine
  • Tegtmeier, Silke
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    Abstract

    This paper is an explorative paper into the phenomena of how an idea about starting a business, in the very beginning of the entrepreneurial venture, develops often into a tentative business idea/model and later a company. This paper therefore models the actual process of further developing a seed business idea to an entrepreneurial opportunity. Following a longitudinal approach that includes standardized questioning surveys, interviews as well as journal notes, we collected data from master students in France, Germany, and Sweden (four in each country). We applied an abductive method with qualitative content analysis to identify and model the first part of the incubation process. The key results reveal that the emerging entrepreneurial process consists of four iterative and mutually interrelated sub processes of discovery, articulation, reflection, and enactment (DARE) that capture the entrepreneurial activities and that are induced by the individual background (including experiences). The paper discusses propositions derived, and provides some directions for future research in the field.

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    File URL: http://basepub.dauphine.fr/xmlui/bitstream/123456789/8470/1/323.pdf
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    Bibliographic Info

    Paper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/8470.

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    Date of creation: Jun 2011
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    Handle: RePEc:dau:papers:123456789/8470

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    Related research

    Keywords: Entrepreneurship process; opportunity recognition; students;

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    References

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    1. Aldrich, Howard E. & Cliff, Jennifer E., 2003. "The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective," Journal of Business Venturing, Elsevier, vol. 18(5), pages 573-596, September.
    2. Carter, Nancy M. & Gartner, William B. & Shaver, Kelly G. & Gatewood, Elizabeth J., 2003. "The career reasons of nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(1), pages 13-39, January.
    3. Ucbasaran, Deniz & Westhead, Paul & Wright, Mike, 2009. "The extent and nature of opportunity identification by experienced entrepreneurs," Journal of Business Venturing, Elsevier, vol. 24(2), pages 99-115, March.
    4. Pia Arenius & Dirk Clercq, 2005. "A Network-based Approach on Opportunity Recognition," Small Business Economics, Springer, vol. 24(3), pages 249-265, 02.
    5. Jack, Sarah L. & Anderson, Alistair R., 2002. "The effects of embeddedness on the entrepreneurial process," Journal of Business Venturing, Elsevier, vol. 17(5), pages 467-487, September.
    6. Deniz Ucbasaran & Paul Westhead & Mike Wright, 2008. "Opportunity Identification and Pursuit: Does an Entrepreneur’s Human Capital Matter?," Small Business Economics, Springer, vol. 30(2), pages 153-173, February.
    7. Kwon, Seok-Woo & Arenius, Pia, 2010. "Nations of entrepreneurs: A social capital perspective," Journal of Business Venturing, Elsevier, vol. 25(3), pages 315-330, May.
    8. Ozgen, Eren & Baron, Robert A., 2007. "Social sources of information in opportunity recognition: Effects of mentors, industry networks, and professional forums," Journal of Business Venturing, Elsevier, vol. 22(2), pages 174-192, March.
    9. Ardichvili, Alexander & Cardozo, Richard & Ray, Sourav, 2003. "A theory of entrepreneurial opportunity identification and development," Journal of Business Venturing, Elsevier, vol. 18(1), pages 105-123, January.
    10. Deniz Ucbasaran & Mike Wright & Paul Westhead, 2003. "A longitudinal study of habitual entrepreneurs: starters and acquirers," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 15(3), pages 207-228, July.
    11. Johannisson, Bengt, 1988. "Business formation -- a network approach," Scandinavian Journal of Management, Elsevier, vol. 4(3-4), pages 83-99.
    12. Lee, Joo-Heon & Venkataraman, S., 2006. "Aspirations, market offerings, and the pursuit of entrepreneurial opportunities," Journal of Business Venturing, Elsevier, vol. 21(1), pages 107-123, January.
    13. Corbett, Andrew C., 2007. "Learning asymmetries and the discovery of entrepreneurial opportunities," Journal of Business Venturing, Elsevier, vol. 22(1), pages 97-118, January.
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