[article] Factoryt / Factories
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Browsing [article] Factoryt / Factories by Subject "Entrepreneurship"
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- Generating resources through co-evolution of entrepreneurs and ecosystems
Factories | A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä(2016) Björklund, Tua A.; Krueger, Norris F.Purpose – The emerging perspectives of entrepreneurial ecosystems, bricolage and effectuationhighlight the interaction between the entrepreneur and the surrounding community, and its potentialfor creative resource acquisition and utilization. However, empirical work on how this process actuallyunfolds remains scarce. This paper aims to study the interaction between the opportunity constructionprocess and the development of resources in the surrounding ecosystem. Design/methodology/approach – This paper is a qualitative analysis of the extreme case of AaltoEntrepreneurship Society (Aaltoes), a newly founded organization successfully promotingentrepreneurship within a university merger with virtually no resources, based on interviews of six keycontributors and four stakeholder organisations. Findings – The opportunity construction process both supported and was supported by two keyresource generating mechanisms. Formulating and opportunistically reformulating the agenda forincreasing potential synergy laid the groundwork for mutual benefit. Proactive concretization enhancedboth initial resource allocation and sustaining input to the process through offering tangible instancesof specific opportunities and feedback. Research limitations/implications – Although based on a single case study in a university setting,proactive concretization emerges as a promising direction for further investigations of the benefits anddynamics of entrepreneur– ecosystem interaction in the opportunity construction process. Practical implications – Intentionally creating beneficial entrepreneur– ecosystem interaction andteaching proactive concretization becomes a key goal for educators of entrepreneurship. Originality/value – The paper extends an understanding of creative resource generation and utilizationin the opportunity construction process. The role of proactive concretization was emphasized in theinteraction of the entrepreneur and the ecosystem, creating virtuous spirals of entrepreneurial activity. - Understanding idea advancement efforts in innovation through proactive behavior
Factories | A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä(2013) Bjorklund, Tua; Bhatli, Dhruv; Laakso, MikoPurpose– Innovations lie at the heart of both entrepreneurship and marketing. While research has long focused on the idea generation phase at the beginning of the innovation process, ideas need to subsequently be realized through efforts in idea development and implementation. This paper aims to study the antecedents and practices of idea advancement behavior. Design/methodology/approach– Seven product developers of an international company were interviewed in-depth based on a critical incident technique. Findings– Idea advancement behavior was found to be distributed in time and between people, pervasive in the development process. Antecedents for efforts were identified at personal, interpersonal and work organization levels. Although personal antecedents were most numerous, interpersonal and work organization antecedents distinguished successful and unsuccessful efforts. Key idea advancement behaviors were centered on the inclusion of others and communication channel choices. Research limitations/implications– The current study offers a complementary micro-level point-of-view to championship literature, illustrating the situated and dispersed nature of everyday advancement efforts as opposed to the dominant depictions of heroic relentless championing individuals. However, as the study was conducted in a single company, the findings still need to be validated in more varied settings. Practical implications– The results highlight the need for supporting idea advancement behavior across organizational levels and function, instead of focusing on identifying individual champions. Time management, supporting switches in the driving force, and communicating value are necessary for sustaining advancement efforts. Originality/value– Idea advancement practices have been largely ignored in previous innovation literature, with the exception of systematic processes and championing. This paper explores idea advancement as a commonplace proactive behavior, revealing several levels of key antecedents for successfully advancing ideas into innovations.