The purpose of this paper is to expand upon existing entrepreneurial opportunity recognition model (EORM) that builds on the existing theoretical
literature, utilises the Dubin’s theory-building framework. It identifies entrepreneurial awareness and viable business plan as the determinant of
entrepreneurial success within the process opportunity recognition (OR) and exploitation. Entrepreneurial awareness is the central component of OR
process. Entrepreneurial awareness and viable business plan, are the basic condition for the success of the OR and exploitation process which in turn
yielding a successful entrepreneurial outcome. A proposed conceptual model, a set of propositions, and suggestions for further research are provided.
Other ID | JA62NK33PU |
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Journal Section | Research Article |
Authors | |
Publication Date | March 1, 2017 |
Published in Issue | Year 2017 Volume: 7 Issue: 1 |