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... > social science subjects > business and management > entrepreneurship > new venture management > entrepreneurial opportunity and education > opportunity sources

Preferred term

opportunity sources  

Definition

  • The identification and exploitation of opportunities are central to the process of starting a new venture. In an influential Academy of Management Review article, Scott Shane and S. Venkataraman argue that how opportunities to create future goods and services come to exist, through whom, and how they are exploited cover most of the questions that are asked by scholars of entrepreneurship.Broadly defined, opportunities are circumstances that provide profit-earning possibilities. [Source: Encyclopedia of New Venture Management; Opportunity Sources]

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

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