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The Entrepreneurship of Resource-based Theory

In: Entrepreneurship

Author

Listed:
  • Sharon A. Alvarez

    (Ohio State University)

  • Lowell W. Busenitz

    (University of Oklahoma)

Abstract

This paper examines the relationship between resource-based theory and entrepreneurship and develops insights that advance the boundaries of resource-based theory and begin to address important questions in entrepreneurship. We extend the boundaries of resource-based theory to include the cognitive ability of individual entrepreneurs. Entrepreneurs have individual-specific resources that facilitate the recognition of new opportunities and the assembling of resources for the venture. By focusing on resources, from opportunity recognition to the ability to organize these resources into a firm and then to the creation of heterogeneous outputs through the firm that are superior to the market, we help identify issues that begin to address the distinctive domain of entrepreneurship.

Suggested Citation

  • Sharon A. Alvarez & Lowell W. Busenitz, 2007. "The Entrepreneurship of Resource-based Theory," Springer Books, in: Álvaro Cuervo & Domingo Ribeiro & Salvador Roig (ed.), Entrepreneurship, pages 207-227, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-48543-8_10
    DOI: 10.1007/978-3-540-48543-8_10
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    Citations

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    Cited by:

    1. Mohammad Amin Keshmiri Hagh & Mohammad Hassan Mobaraki & Jahangir Yadollahi Farsi & Ali Mobini Dehkordi, 2018. "Theories' Gap of international Technological Entrepreneurship Opportunities," International Business Research, Canadian Center of Science and Education, vol. 11(9), pages 79-85, September.
    2. Theodor Florian Cojoianu & Gordon L. Clark & Andreas G. F. Hoepner & Vladimir Pažitka & Dariusz Wójcik, 2021. "Fin vs. tech: are trust and knowledge creation key ingredients in fintech start-up emergence and financing?," Small Business Economics, Springer, vol. 57(4), pages 1715-1731, December.
    3. Rui Baptista & Murat Karaoez & Joana Mendonca, 2007. "Entrepreneurial Backgrounds, Human Capital and Start-up Success," Jena Economics Research Papers 2007-045, Friedrich-Schiller-University Jena.
    4. Manyise, Timothy & Dentoni, Domenico, 2021. "Value chain partnerships and farmer entrepreneurship as balancing ecosystem services: Implications for agri-food systems resilience," Ecosystem Services, Elsevier, vol. 49(C).
    5. Khan, Rizwan Ullah & Richardson, Christopher & Salamzadeh, Yashar, 2022. "Spurring competitiveness, social and economic performance of family-owned SMEs through social entrepreneurship; a multi-analytical SEM & ANN perspective," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    6. Te Klangboonkrong & Ning Baines, 2021. "Disability entrepreneurship research: review and critical reflection through the lens of individual-opportunity nexus," Working Papers 51, Birkbeck Centre for Innovation Management Research, revised Apr 2021.
    7. Cojoianu, Theodor F. & Clark, Gordon L. & Hoepner, Andreas G.F. & Veneri, Paolo & Wójcik, Dariusz, 2020. "Entrepreneurs for a low carbon world: How environmental knowledge and policy shape the creation and financing of green start-ups," Research Policy, Elsevier, vol. 49(6).
    8. Valentina Della Corte & Giovanna Del Gaudio, 2017. "Entrepreneurial Creativity: Sources, Processes and Implications," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(6), pages 1-33, May.

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