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dc.contributor.authorSarasvathy, Saras D.
dc.contributor.authorDew, Nicholas
dc.date.accessioned2014-05-15T23:07:44Z
dc.date.available2014-05-15T23:07:44Z
dc.date.issued2005
dc.identifier.citationJournal of Evolutionary Economics, Vol. 15, 2005
dc.identifier.urihttp://hdl.handle.net/10945/41240
dc.descriptionThe article of record as published may be found at http://dx.doi.org/10.1007/s00191-005-0264-xen_US
dc.description.abstractIs newmarket 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? In this article we consider new market creation as a process involving 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. Copyright protection is not available for this work in the United States.en_US
dc.titleNew market creation through transformationen_US
dc.typeArticleen_US
dc.contributor.departmentGraduate School of Business and Public Policy (GSBPP)
dc.subject.authorNew market creationen_US
dc.subject.authorEffectuationen_US
dc.subject.authorNetworksen_US
dc.subject.authorEntrepreneurshipen_US


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