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Information Search and Opportunity Identification:The Importance of Prior Business Ownership Experience

Author

Listed:
  • Mike Wright

    (EM - EMLyon Business School)

  • Paul Westhead
  • Deniz Ucbasaran

Abstract

Recherche d'information et reconnaissance des occasions L'importance de l'expérience antérieure du "Business ownership" Paul Westhead Université de Durham, R.-U. et École de commerce de cycle supérieur de Bodø, Norvège Deniz Ucbasaran Université de Nottingham, R.-U. Mike Wright Université de Nottingham, R.-U. et Université Erasmus, Pays-Bas La présente étude cherche à savoir si les entrepreneurs usuels, possédant une expérience antérieure du "business ownership", ont fait preuve d'une intensité de recherche d'information plus forte et s'ils ont identifié davantage de débouchés que les entrepreneurs plus novices. S'appuyant sur le capital humain et sur des théories cognitives, nous avons mis à l'épreuve quatre hypothèses sur la base d'un échantillon de 625 entrepreneurs implantés en Grande-Bretagne. On a constaté que les entrepreneurs usuels n'ont pas fait preuve de niveaux de recherche d'information inférieurs à ceux des entrepreneurs novices mais que, par contre, ils ont identifié davantage de débouchés commerciaux que les entrepreneurs novices. Les entrepreneurs de portefeuille, quant à eux, ont identifié plus de débouchés commerciaux que les entrepreneurs en série ‘("serial entrepreneur") et les entrepreneurs novices. Les personnes interrogées, qui ont fait preuve d'une aptitude entrepreneuriale plus pointue et d'une recherche d'information plus intense, ont identifié un nombre plus élevé de débouchés. Si les objectifs que se propose d'atteindre cette politique sont d'augmenter le "volume" des démarrages d'entreprise et de maximiser le rendement des investissements, cibler l'aide en faveur des entrepreneurs usuels — en particulier en faveur des entrepreneurs de portefeuille — est justifiable. Il est essentiel d'apporter une aide personnalisée plus importante aux entrepreneurs si l'on veut améliorer la ‘qualité" du pool entrepreneurial. En fait, autant les entrepreneurs usuels que les entrepreneurs novices pourraient bénéficier de programmes qui encouragent une recherche d'information plus intensive et l'exploitation des capacités entrepreneuriales.

Suggested Citation

  • Mike Wright & Paul Westhead & Deniz Ucbasaran, 2009. "Information Search and Opportunity Identification:The Importance of Prior Business Ownership Experience," Post-Print hal-02312516, HAL.
    • Handle: RePEc:hal:journl:hal-02312516
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    Cited by:

    1. Dalziel, Margaret & Basir, Nada, 2024. "The technological imprinting of educational experiences on student startups," Research Policy, Elsevier, vol. 53(2).
    2. Quan Hoang Vuong & Thu Hang Do & Thu Trang Vuong, 2016. "Resources, experience, and perseverance in entrepreneurs’ perceived likelihood of success in an emerging economy," Journal of Innovation and Entrepreneurship, Springer, vol. 5(1), pages 1-24, December.
    3. Da Teng & Chengchun Li & Sailesh Tanna, 2022. "Foreign ownership and productivity in Chinese newly listed firms: the moderating roles of founder’s human capital and social ties," Asia Pacific Journal of Management, Springer, vol. 39(3), pages 1125-1159, September.
    4. Emanuela Carbonara & Hien Thu Tran & Enrico Santarelli, 2020. "Determinants of novice, portfolio, and serial entrepreneurship: an occupational choice approach," Small Business Economics, Springer, vol. 55(1), pages 123-151, June.
    5. Chen, Jiawen & Liu, Linlin, 2023. "Social media usage and entrepreneurial investment: An information-based view," Journal of Business Research, Elsevier, vol. 155(PB).
    6. Tang, Jintong & Levasseur, Ludvig & Karami, Masoud & Busenitz, Lowell, 2021. "Being alert to new opportunities: It is a matter of time," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    7. Marco Caliendo & Daniel Rodríguez, 2024. "Divergent thinking and post-launch entrepreneurial outcomes: non-linearities and the moderating role of experience," Small Business Economics, Springer, vol. 62(4), pages 1523-1553, April.
    8. Pindard-Lejarraga, Maud & Lejarraga, José, 2024. "Information source and entrepreneurial performance expectations: Experience-based versus description-based opportunity evaluations," Journal of Business Research, Elsevier, vol. 172(C).
    9. Elco van Burg & A. Georges L. Romme, 2014. "Creating the Future Together: Toward a Framework for Research Synthesis in Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 38(2), pages 369-397, March.
    10. Shah, Puspa & Thapa, Nischal, 2023. "Finding the sweet spot: Evaluating the role of structured idea-generation framework in generating high-quality new venture ideas," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
    11. Anisur R. Faroque & Farhad Uddin Ahmed & Mahabubur Rahman & Mohammad Osman Gani & Sina Mortazavi, 2023. "Exploring the individual and joint effects of founders' and managers' experiential knowledge on international opportunity identification," Asian Business & Management, Palgrave Macmillan, vol. 22(4), pages 1274-1300, September.
    12. Runping Guo & Xingqun Lv & Yuan Wang & Peggy E. Chaudhry & Sohail S. Chaudhry, 2020. "Decision‐making logics and high‐tech entrepreneurial opportunity identification: The mediating role of strategic knowledge integration," Systems Research and Behavioral Science, Wiley Blackwell, vol. 37(4), pages 719-733, July.
    13. Jared Allen & Regan Stevenson & Tang Wang, 2021. "Creative and resourceful: How human, social, and psychological resources affect creative workers’ ability to rebound after failure," Small Business Economics, Springer, vol. 57(2), pages 705-719, August.
    14. Wang Fei & Xue Shuangyan, 2024. "Structural model and characteristics of entrepreneurial opportunity recognition abilities among university students in China: a grounded theory approach," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.
    15. Lafuente-González, Paola & Leiva, Juan Carlos, 2022. "Perceived new venture creation speed: The relevance of the university’s context and entrepreneurial experience," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 16(1), pages 20-43.
    16. Toroslu, Adrian & Herrmann, Andrea M. & Chappin, Maryse M.H. & Schemmann, Brita & Castaldi, Carolina, 2023. "Open innovation in nascent ventures: Does openness influence the speed of reaching critical milestones?," Technovation, Elsevier, vol. 124(C).
    17. Joshi, Kshitija & S, Krishna H & Loganathan, Muralidharan, 2021. "Resources or Capabilities: A Study of Startup Emergence within Applied Research Universities in India," SocArXiv uevnj, Center for Open Science.
    18. Tongxin Yu & Nadeem Khalid & Umair Ahmed, 2021. "Factors Influencing Entrepreneurial Intention among Foreigners in Kazakhstan," Sustainability, MDPI, vol. 13(13), pages 1-33, June.

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