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Entrepreneurial Opportunities for All?

Entrepreneurial Capability and the Capabilities Approach
Authors: Wilson, Nick; Martin, Lee;

Entrepreneurial Opportunities for All?

Abstract

This paper considers the freedom of each and every one of us to choose to pursue entrepreneurial opportunities – that is, to practise entrepreneurship – should we wish to do so. Drawing on the Capabilities Approach, a novel conceptualization of entrepreneurial capability is put forward as the individual freedom to pursue an entrepreneurial opportunity within one's environment. In shifting analytical attention away from empirical cases of entrepreneurs (that is, those identified post hoc with successfully pursuing an entrepreneurial opportunity) and exploring the potential (or otherwise) of any individual to pursue entrepreneurship in theory, we are forced to ask what is specific about entrepreneurial opportunities and whether they can be pursued by anyone. Our resulting conception of entrepreneurial capability introduces seven universal and necessary conditions for this distinctive type of freedom to be present. The significance of this conceptualization of entrepreneurial capability for entrepreneurship theory and economic and human development policy is discussed.

Country
United Kingdom
Related Organizations
Keywords

opportunity theory, entrepreneurial capability, 330, human development, HB, freedom, 650, Capabilities Approach

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    selected citations
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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    42
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Top 10%
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
42
Top 10%
Top 10%
Top 10%
Green
bronze