Planned Luck: How Incubators Can Facilitate Serendipity for Nascent Entrepreneurs Through Fostering Network Embeddedness
By Christian Busch, H. Barkema. Entrepreneurship: Theory & Practice, 2020
132 citations recorded by the source corpus.
Incubators often play an important role in facilitating networks for entrepreneurs. However, nascent entrepreneurs typically face high uncertainty and goal ambiguity, and which ties could provide the resources needed for achieving the respective goal is often unknown in advance. How do incubators facilitate entrepreneurs’ network embeddedness in the context of such uncertainty? Using an explorative case-study approach, we studied an incubator in Kenya, an extreme setting from an uncertainty perspective. Our findings show how in high-uncertainty contexts, a social structure that allows for flexibility can provide the conditions under which unexpected discoveries are enabled, facilitating opportunity-inducing networks.
Subfields: Business and International Management, Management of Technology and Innovation, Organizational Behavior and Human Resource Management
View Paper: https://www.semanticscholar.org/paper/37c9f9b84edcf1a1c953f10de23f3e333b640242
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Citations in the corpus
- Entrepreneurial mindset: Dispositional beliefs, opportunity beliefs, and entrepreneurial behavior (2021, background): “Prior research highlights the individualism of entrepreneurs (Holt, 1997), their preference for control over decision-making (Douglas & Shepherd, 2000), and how autonomous individual entrepreneurs embrace serendipity and chance discoveries (Busch & Barkema, 2020).”