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Propitious time in Entrepreneurship
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Time is not invariant in the entrepreneurial journey. Timing is
everything in entrepreneurial venturing. This paper shifts the inquiry
of entrepreneurship from micro (traits, characteristics and behaviour)
and macro (environmental context) perspective and the multi-level
approaches from discovery, creation to co-creation (Garud et al., 2014)
to a study of the relevance of time in the entrepreneurial pathway
development. The context of luck or exogenous change or external or
internal perturbation that may lead to the propitious time to act will
be examined with reference to research conducted by Peter R. Darke
(Darke & Freedman, 1997). It needs contextualization to fit the
entrepreneurial paradigm on the propitious time to enact (Weick & Karl
E, 1995) which is the main conceptualization in this paper. The concept
of convergence, in a particular spatial-temporal (space-time), between
the opportunity and the entrepreneur, is the core of this study and this
paper will focus specifically on the extent and nature of this
convergence in relation to time. Propitious time to trigger actions when
opportunities surface or avoidance when the scale of risks are too large
to bear- this study of when to act is therefore central to the theory of
entrepreneurship.
Title: Propitious time in Entrepreneurship
Description:
Time is not invariant in the entrepreneurial journey.
Timing is
everything in entrepreneurial venturing.
This paper shifts the inquiry
of entrepreneurship from micro (traits, characteristics and behaviour)
and macro (environmental context) perspective and the multi-level
approaches from discovery, creation to co-creation (Garud et al.
, 2014)
to a study of the relevance of time in the entrepreneurial pathway
development.
The context of luck or exogenous change or external or
internal perturbation that may lead to the propitious time to act will
be examined with reference to research conducted by Peter R.
Darke
(Darke & Freedman, 1997).
It needs contextualization to fit the
entrepreneurial paradigm on the propitious time to enact (Weick & Karl
E, 1995) which is the main conceptualization in this paper.
The concept
of convergence, in a particular spatial-temporal (space-time), between
the opportunity and the entrepreneur, is the core of this study and this
paper will focus specifically on the extent and nature of this
convergence in relation to time.
Propitious time to trigger actions when
opportunities surface or avoidance when the scale of risks are too large
to bear- this study of when to act is therefore central to the theory of
entrepreneurship.
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