Critical realism based entrepreneurial action theory

Marko Forsell; Kaarlo Paloniemi

doi:10.3990/2.268473605

Critical realism based entrepreneurial action theory

Marko Forsell, Kaarlo Paloniemi

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic

58 Downloads (Pure)

Abstract

We propose to use critical realism as the basis for ontology and epistemology in entrepreneurship research. Further, we argue that the teleology of entrepreneurship is value creation. Based on these assumptions we propose that an essential part of the entrepreneurial process is the creation of a business model that shows conceptually how the value will be created. This model can be categorized in three different categories along with the value system continuum: stable value system, redefined value system and emerging value system. We propose an entrepreneurial value creation framework that describes elements that are essential to the value creation.

Original language	English
Title of host publication	Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010
Editors	Gloria Rossini
Place of Publication	Enschede
Publisher	University of Twente
Number of pages	19
ISBN (Print)	9789036530316
DOIs	https://doi.org/10.3990/2.268473605
Publication status	Published - 2010
Externally published	Yes
Event	18th Annual High Technology Small Firms Conference, HTSF 2010 - University of Twente, Enschede, Netherlands Duration: 27 May 2010 → 28 May 2010 Conference number: 18

Conference

Conference	18th Annual High Technology Small Firms Conference, HTSF 2010
Abbreviated title	HTSF
Country/Territory	Netherlands
City	Enschede
Period	27/05/10 → 28/05/10

Access to Document

10.3990/2.268473605

ArticleFinal published version, 259 KB

1 Book

Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010
Rossini, G. (Publisher), 2010, Enschede: University of Twente. 754 p.
Research output: Book/Report › Book › Professional

Open Access
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Cite this

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title = "Critical realism based entrepreneurial action theory",

abstract = "We propose to use critical realism as the basis for ontology and epistemology in entrepreneurship research. Further, we argue that the teleology of entrepreneurship is value creation. Based on these assumptions we propose that an essential part of the entrepreneurial process is the creation of a business model that shows conceptually how the value will be created. This model can be categorized in three different categories along with the value system continuum: stable value system, redefined value system and emerging value system. We propose an entrepreneurial value creation framework that describes elements that are essential to the value creation.",

author = "Marko Forsell and Kaarlo Paloniemi",

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language = "English",

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editor = "Gloria Rossini",

booktitle = "Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010",

publisher = "University of Twente",

address = "Netherlands",

note = "18th Annual High Technology Small Firms Conference, HTSF 2010, HTSF ; Conference date: 27-05-2010 Through 28-05-2010",

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AU - Forsell, Marko

AU - Paloniemi, Kaarlo

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N2 - We propose to use critical realism as the basis for ontology and epistemology in entrepreneurship research. Further, we argue that the teleology of entrepreneurship is value creation. Based on these assumptions we propose that an essential part of the entrepreneurial process is the creation of a business model that shows conceptually how the value will be created. This model can be categorized in three different categories along with the value system continuum: stable value system, redefined value system and emerging value system. We propose an entrepreneurial value creation framework that describes elements that are essential to the value creation.

AB - We propose to use critical realism as the basis for ontology and epistemology in entrepreneurship research. Further, we argue that the teleology of entrepreneurship is value creation. Based on these assumptions we propose that an essential part of the entrepreneurial process is the creation of a business model that shows conceptually how the value will be created. This model can be categorized in three different categories along with the value system continuum: stable value system, redefined value system and emerging value system. We propose an entrepreneurial value creation framework that describes elements that are essential to the value creation.

U2 - 10.3990/2.268473605

DO - 10.3990/2.268473605

M3 - Conference contribution

SN - 9789036530316

BT - Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010

A2 - Rossini, Gloria

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CY - Enschede

T2 - 18th Annual High Technology Small Firms Conference, HTSF 2010

Y2 - 27 May 2010 through 28 May 2010

ER -

Critical realism based entrepreneurial action theory

Abstract

Conference

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Research output

Proceedings of the 18th Annual High Technology Small Firms Conference and Doctoral Workshop 2010

Cite this