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dc.contributor.authorSarasvathy, Saras D.
dc.contributor.authorDew, Nicholas
dc.date.accessioned2013-10-25T15:58:33Z
dc.date.available2013-10-25T15:58:33Z
dc.date.issued2004-06
dc.identifier.citationWorking Paper Series Paper No. 04-06
dc.identifier.urihttp://hdl.handle.net/10945/36990
dc.descriptionThe article of record as published may be located at http://dx.doi.org/10.2139/ssrn.571922en_US
dc.description.abstractIs new market creation a search and selection process within the theoretical space of all possible markets? Or is it the outcome of a process of transformation of extant realities into new possibilities? We draw upon Goodman’s (1983) Grue paradox to explain the dynamics of a new network of stakeholders. The network is initiated through an effectual commitment that sets in motion two concurrent cycles of expanding resources and converging constraints that result in the new market. The dynamic model was induced from two empirical investigations, a cognitive science-based investigation of entrepreneurial expertise, and a real time history of the RFID industry.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.titleWhen Markets Are Grueen_US
dc.typeWorking Paperen_US
dc.contributor.corporateDarden Graduate School of Business Administration and the Naval Postgraduate School
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.subject.authorNew market creationen_US
dc.subject.authorexploration and exploitationen_US
dc.subject.authoreffectuationen_US
dc.subject.authorsocial networksen_US
dc.subject.authorentrepreneurshipen_US
dc.subject.authoropportunismen_US
dc.subject.authoropportunity costsen_US
dc.subject.authordecision makingen_US
dc.subject.authorpragmatismen_US


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