THE ENTREPRENEURIAL JOURNEY OF VENTURE CREATION: RESHAPING PROCESS AND SPACE

摘要

Abstract The author develops further technology-based entrepreneurial journey and process concepts and models as well as defining the space of opportunity development between of the edges: Discovery & Exploitation, Arbitrage & Innovation and Existing & Created Opportunities. For that, new stage model of the entrepreneurial process will be introduced in the next section followed by a description of the entrepreneurial journey based on that. From the analysis of objectivist and constructivist approaches to opportunities, the ways are deduced how entrepreneurs learn to apply and develop entrepreneurial opportunities. As a result, the framework of the HTSF entrepreneurial journey is presented. The main value of the paper is the development further entrepreneurial journey, the entrepreneurial process and entrepreneurial opportunity (corridor) concepts for technology entrepreneurship (HTSFs) and suggestion a framework for further empirical validation.