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Facing the future through entrepreneurship theory: A prospective inquiry framework

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  • Muñoz, Pablo
  • Dimov, Dimo

Abstract

In this paper, we address a thorny challenge: how can entrepreneurship scholarship enhance its impact without compromising the pursuit of conceptual rigor and theoretical novelty? We propose a prospective inquiry framework for entrepreneurship. It aims to align the scholarly pursuit of theoretical novelty with the entrepreneurs' focus on the future, in a shared aspiration to make a difference in the world. By expanding the focus of theoretical work toward the future, scholarship can focus on the formulation, exploration, and evaluation of alternatives to the present, as theories for desired futures. Prospective inquiry retains the primacy of theorizing while expanding its purpose, value, and use in entrepreneurship research, unleashing its generative power. It opens new spaces for theoretical excellence, dissolves the research-practice gap, and allows researchers and practitioners to theorize and enact their aspirations for the future.

Suggested Citation

  • Muñoz, Pablo & Dimov, Dimo, 2023. "Facing the future through entrepreneurship theory: A prospective inquiry framework," Journal of Business Venturing, Elsevier, vol. 38(4).
    • Handle: RePEc:eee:jbvent:v:38:y:2023:i:4:s0883902623000174
    DOI: 10.1016/j.jbusvent.2023.106303
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    References listed on IDEAS

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    1. Muñoz, Pablo & Dimov, Dimo, 2023. "A translational framework for entrepreneurship research," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    2. Mark D. Packard & Brent B. Clark & Peter G. Klein, 2017. "Uncertainty Types and Transitions in the Entrepreneurial Process," Organization Science, INFORMS, vol. 28(5), pages 840-856, October.
    3. McMullen, Jeffery S., 2019. "A wakeup call for the field of entrepreneurship and its evaluators," Journal of Business Venturing, Elsevier, vol. 34(3), pages 413-417.
    4. Muñoz, Pablo & Dimov, Dimo, 2015. "The call of the whole in understanding the development of sustainable ventures," Journal of Business Venturing, Elsevier, vol. 30(4), pages 632-654.
    5. Marco van Gelderen & Johan Wiklund & Jeffery S. McMullen, 2021. "Entrepreneurship in the Future: A Delphi Study of ETP and JBV Editorial Board Members," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1239-1275, September.
    6. Johan Wiklund & Mike Wright & Shaker A. Zahra, 2019. "Conquering Relevance: Entrepreneurship Research's Grand Challenge," Entrepreneurship Theory and Practice, , vol. 43(3), pages 419-436, May.
    7. Duncan J. Watts, 2017. "Should social science be more solution-oriented?," Nature Human Behaviour, Nature, vol. 1(1), pages 1-5, January.
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