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The Challenging Dynamics of Nascent Entrepreneurship

The Challenging Dynamics of Nascent Entrepreneurship

Alexandra França, Alexandra Vilares, Silja Frankenbach, Vanda Vereb, António C. Moreira
Copyright: © 2018 |Pages: 28
ISBN13: 9781522529361|ISBN10: 1522529365|EISBN13: 9781522529378
DOI: 10.4018/978-1-5225-2936-1.ch001
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MLA

França, Alexandra, et al. "The Challenging Dynamics of Nascent Entrepreneurship." Nascent Entrepreneurship and Successful New Venture Creation, edited by António Carrizo Moreira, et al., IGI Global, 2018, pp. 1-28. https://doi.org/10.4018/978-1-5225-2936-1.ch001

APA

França, A., Vilares, A., Frankenbach, S., Vereb, V., & Moreira, A. C. (2018). The Challenging Dynamics of Nascent Entrepreneurship. In A. Carrizo Moreira, J. Guilherme Leitão Dantas, & F. Manuel Valente (Eds.), Nascent Entrepreneurship and Successful New Venture Creation (pp. 1-28). IGI Global. https://doi.org/10.4018/978-1-5225-2936-1.ch001

Chicago

França, Alexandra, et al. "The Challenging Dynamics of Nascent Entrepreneurship." In Nascent Entrepreneurship and Successful New Venture Creation, edited by António Carrizo Moreira, José Guilherme Leitão Dantas, and Fernando Manuel Valente, 1-28. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-2936-1.ch001

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Abstract

Nascent entrepreneurship has long been studied from a variety of perspectives. A major stream of work by psychologists and sociologists suggests that nascent entrepreneurs have distinctive traits and competences. A second focus for research has been studying the environment in which nascent entrepreneurs operates. Recently, the identification and exploitation of entrepreneurial opportunities has emerged as a third focus. In this paper we will address the following questions: (1) what are the individual characteristics of those individuals who are attracted to becoming an entrepreneur? (2) What are the environmental factors contributing to new venture creation? (3) What are the steps in the creation process? We will attempt to answer these three questions by arguing that the central process of nascent entrepreneurship is centred on opportunity recognition, evaluation and exploitation, and influenced by contextual factors (e.g. external knowledge) and personal characteristics and competences (e.g. internal knowledge).

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