Entrepreneurs’ Decisions to Exploit Opportunities

By Young Rok Choi, Dean A. Shepherd. 2004

636 citations recorded by the source corpus.

Subfields: Business and International Management, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/74e251164d8a4d2f1cd1044de34629d831c82169

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Citations in the corpus

The Impact of Role Identities on Entrepreneurs’ Evaluation and Selection of Opportunities (2017, background): “Entrepreneurs’ decisions, as top executives, carry great weight and are often made under conditions of great uncertainty (Choi & Shepherd, 2004; McMullen & Shepherd, 2006).”
An Opportunity for Me? The Role of Resources in Opportunity Evaluation Decisions (2009, neutral): “, 1997) and links it with research that highlights the importance of the relatedness of knowledge to the discovery (Hayek, 1945; Shane, 2000; Venkataraman, 1997) and exploitation (Choi and Shepherd, 2004; Holmqvist, 2004; Shane, 2000; Wiklund and Shepherd, 2003) of opportunities.”
Thinking About Entrepreneurial Decision Making (2015, background): “Furthermore, Choi and Shepherd (2004) found that the assessment of an opportunity is positively associated with perceived knowledge of customer demand and the capability of the management team, and Casson and Wadeson (2007) similarly argued that rational, market-focused business skills,…”
Uncertainty Types and Transitions in the Entrepreneurial Process (2017, background): “…discover or create a solution to the entrepreneurial problem, she makes an initial judgment regarding the potential value of the opportunity by estimating the social importance of the recognized problem (Choi and Shepherd 2004; Hsieh et al. 2007; McMullen et al. 2007; Mitchell and Shepherd 2010).”
A Cross-Disciplinary Exploration of Entrepreneurship Research (2007, background): “…mechanisms they use to deal with uncertainty and organizing (R. C. Hill & Levenhagen, 1995; Sarasvathy, 2001), acquisition and organization of resources (Alvarez & Barney, 2005; Lounsbury & Glynn, 2001), and the decision to exploit opportunities (Choi & Shepherd, 2004; Shane & Venkataraman, 2000).”
Making it personal: : Opportunity individuation and the shaping of opportunity beliefs (2014, methodology): “We test our model using a conjoint experiment (cf. Choi and Shepherd, 2004; McKelvie et al., 2011; Mitchell and Shepherd, 2010) for which we ask a sample of entrepreneurs to form beliefs about an opportunity based on the characteristics of the industry environment surrounding the opportunity.”
Cognitive Adaptability and an Entrepreneurial Task: The Role of Metacognitive Ability and Feedback (2012, methodology): “We employ metric conjoint analysis to determine the respondents’ decision policies in the context of performing an opportunity evaluation task (an important entrepreneurial task [Choi & Shepherd, 2004]).”
Better Together? Signaling Interactions in New Venture Pursuit of Initial External Capital (2016, background): “The preponderance of this work on entrepreneurial signaling considers initial public offerings (IPOs), with less research focused on the critically important early stages of a firm’s life cycle (Choi & Shepherd, 2004; Huyghebaert & Van de Gucht, 2004).”
The Decision to Persist with Underperforming Alliances: The Role of Trust and Control (2008, neutral): “84 (n = 88), which is consistent with values published in previous studies (Choi and Shepherd, 2004; Shepherd, 1999).”
Creative personality, opportunity recognition and the tendency to start businesses: A study of their genetic predispositions (2015, background): “Wemeasure the tendency to start businesses through a question commonly used in the entrepreneurship literature (Choi and Shepherd, 2004; Delmar and Davidsson, 2000; Gartner, 1988).”
Solving the Entrepreneurial Puzzle: The Role of Entrepreneurial Interpretation in Opportunity Formation and Related Processes (2012, background): “Surprisingly, decision to exploit is among the most under-researched areas in entrepreneurship (Choi and Shepherd, 2004; Shook et al. 2003).”