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]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/discovery_and_exploitation
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