Skip to main content

Search from vocabulary

Content language

Concept information

Preferred term

discovery and exploitation  

Definition

  • Entrepreneurship is concerned with the discovery and exploitation of opportunities for economic value creation. The opportunity can be in the form of new goods, services, raw materials, business models, or different organizing methods that can be exploited for profit. [Source: Encyclopedia of New Venture Management; Discovery and Exploitation]

Belongs to group

URI

https://concepts.sagepub.com/social-science/concept/discovery_and_exploitation

Download this concept: