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Osmonalieva, Z. (2013). Determinants of exploitation of innovative venture ideas: A study of nascent entrepreneurs in an advisory system. (Doctoral dissertation). Västerås: Mälardalen University
Open this publication in new window or tab >>Determinants of exploitation of innovative venture ideas: A study of nascent entrepreneurs in an advisory system
2013 (English)Doctoral thesis, monograph (Other academic)
Abstract [en]

This study contributes to nascent entrepreneurship research by investigating factors on the individual and opportunity levels of analysis that determine the exploitation of innovative venture ideas. As a result of the literature review three theoretical perspectives were chosen to organize the factors: human and social capital, entrepreneurial self-efficacy, and domain definition strategy. The analysis of the chosen factors is based on hypotheses formulated on the basis of the literature review concerning the impact of the factors on the performance of nascent entrepreneurs during the discovery process. Empirical data were collected from the survey of 409 nascent entrepreneurs who addressed a public advisory agency in Stockholm area.

Research findings show that among all factors, statistically significant predictors of exploitation of venture ideas are social capital in terms of the contact with counselors and number of ties with different actors, planning and marshaling self-efficacy, initial investment, tangibility and innovativeness of the future offerings. As for the direction of relationships, too many ties with different networks and higher planning self-efficacy influence exploitation in a negative way. Among variables related to domain definition strategy, entrepreneurs with innovative venture ideas based on services have higher probability of exploiting their ideas. Those who have made initial investment into the development of venture ideas and have a frequent contact with counselors are more likely to continue exploitation efforts. Of five dimensions of entrepreneurial self-efficacy, higher marshaling self-efficacy was shown to positively contribute to the exploitation process.

It is especially difficult during the early stages of entrepreneurial process to predict which venture ideas will survive, thus, nascent entrepreneurship assistance should encourage experimentation. Although it is difficult to make generalizations from the study about nascent entrepreneurs in the Stockholm area, it can be advised to encourage the development of new services and enhance the entrepreneurial potential of nascent entrepreneurs by developing their entrepreneurial self-efficacy, especially marshaling self-efficacy.

Place, publisher, year, edition, pages
Västerås: Mälardalen University, 2013. p. 189
Series
Mälardalen University Press Dissertations, ISSN 1651-4238 ; 145
Keywords
nascent entrepreneurship, entrepreneurial self-efficacy, opportunity variation, exploitation
National Category
Social Sciences
Research subject
Industrial Economics and Organisations
Identifiers
urn:nbn:se:mdh:diva-22749 (URN)978-91-7485-124-3 (ISBN)
Public defence
2013-12-09, Pi, Högskoleplan 1, Mälardalens högskola, Västerås, 10:00 (English)
Opponent
Supervisors
Available from: 2013-11-12 Created: 2013-11-11 Last updated: 2013-11-22Bibliographically approved
Osmonalieva, Z. (2013). Does entrepreneurial self-efficacy predict discountinuation of venture idea development?. In: : . Paper presented at The 12th International Entrepreneurship Forum, Vilnius, Lithuania, 4-6 September. (pp. 1-26).
Open this publication in new window or tab >>Does entrepreneurial self-efficacy predict discountinuation of venture idea development?
2013 (English)Conference paper, Published paper (Refereed)
National Category
Economics and Business
Research subject
Industrial Economics and Organisations
Identifiers
urn:nbn:se:mdh:diva-21945 (URN)10.2139/ssrn.2402224 (DOI)
Conference
The 12th International Entrepreneurship Forum, Vilnius, Lithuania, 4-6 September.
Available from: 2013-10-15 Created: 2013-10-15 Last updated: 2014-10-10Bibliographically approved
Osmonalieva, Z. (2011). Entrepreneurship support. In: Segelod, Esbjörn; Berglund, Karin; Bjurström, Erik; Dahlquist, Erik; Hallén, Lars; Johanson, Ulf (Ed.), Studies in Industrial Renewal: Coping with Changing Contexts (pp. 343-355). Västerås: Mälardalen University
Open this publication in new window or tab >>Entrepreneurship support
2011 (English)In: Studies in Industrial Renewal: Coping with Changing Contexts / [ed] Segelod, Esbjörn; Berglund, Karin; Bjurström, Erik; Dahlquist, Erik; Hallén, Lars; Johanson, Ulf, Västerås: Mälardalen University , 2011, p. 343-355Chapter in book (Refereed)
Place, publisher, year, edition, pages
Västerås: Mälardalen University, 2011
Keywords
new business advisory service, entrepreneurship support
National Category
Economics and Business
Research subject
Industrial Economics and Organisations
Identifiers
urn:nbn:se:mdh:diva-15260 (URN)978-91-7485-038-3 (ISBN)
Available from: 2012-09-08 Created: 2012-09-08 Last updated: 2015-08-11Bibliographically approved
Osmonalieva, Z. (2010). Meetings with consultants as the organizing context for nascent entrepreneurs in the city.. In: The 16th Nordic Conference on Small Business Research Proceedings: . Paper presented at 16 Nordic conference on Small Business Research, May 20-21 2010, Kolding, Denmark.. Syddansk Universitet
Open this publication in new window or tab >>Meetings with consultants as the organizing context for nascent entrepreneurs in the city.
2010 (English)In: The 16th Nordic Conference on Small Business Research Proceedings, Syddansk Universitet , 2010Conference paper, Published paper (Refereed)
Place, publisher, year, edition, pages
Syddansk Universitet, 2010
National Category
Economics and Business
Research subject
Industrial Economics and Organisations
Identifiers
urn:nbn:se:mdh:diva-15350 (URN)978-87-91070-39-6 (ISBN)
Conference
16 Nordic conference on Small Business Research, May 20-21 2010, Kolding, Denmark.
Available from: 2012-09-20 Created: 2012-09-20 Last updated: 2014-03-06
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0001-9973-5207

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