Generating resources through co-evolution of entrepreneurs and ecosystems
No Thumbnail Available
Access rights
© 2016 Emerald. This is the post print version of the following article: Björklund, Tua A. & Krueger, Norris F. 2016. Generating resources through co-evolution of entrepreneurs and ecosystems. Journal of Enterprising Communities: People and Places in the Global Economy. Volume 10, Issue 4. 477-498. ISSN 1750-6204 (printed). DOI: 10.1108/jec-10-2016-063, which has been published in final form at http://www.emeraldinsight.com/doi/full/10.1108/JEC-10-2016-063.
Journal Title
Journal ISSN
Volume Title
Factories |
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Unless otherwise stated, all rights belong to the author. You may download, display and print this publication for Your own personal use. Commercial use is prohibited.
Date
2016
Department
Major/Subject
Mcode
Degree programme
Language
en
Pages
477-498
20
20
Series
Journal of Enterprising Communities: People and Places in the Global Economy, Volume 10, Issue 4
Abstract
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.Description
Keywords
Resource mobilization, Proactivity, Bricolage, Effectuation, Resource generation, Entrepreneurial behaviour, Opportunity construction
Other note
Citation
Björklund, Tua A. & Krueger, Norris F.. 2016. Generating resources through co-evolution of entrepreneurs and ecosystems. Journal of Enterprising Communities: People and Places in the Global Economy. Volume 10, Issue 4. 477-498. 20. 1750-6204 (printed). DOI: 10.1108/jec-10-2016-063.