Show simple item record

dc.contributor.authorDew, Nicholas
dc.contributor.authorVelamuri, S. Ramakrishna
dc.contributor.authorVenkatarama, Sankaran
dc.date.accessioned2014-05-15T23:18:28Z
dc.date.available2014-05-15T23:18:28Z
dc.date.issued2004
dc.identifier.citationJournal of Business Venturing 19 (2004) 659–679
dc.identifier.urihttp://hdl.handle.net/10945/41244
dc.descriptionThe article of record as published may be found at http://dx.doi.org/10.1016/j.jbusvent.2003.09.004en_US
dc.description.abstractIn this article, we propose an entrepreneurial theory of the firm that is based on dispersed knowledge. We argue that the dispersion of knowledge over people and places and over time leads to uncertainty. This uncertainty, combined with heterogeneous expectations and the nexus of an individual and opportunity, explains the emergence of new firms. We then suggest that the theory of the firm proposed by us answers questions that have been overlooked by alternative theories. The specific question we discuss in this article is when and why an entrepreneurial opportunity will be taken to market through an existing firm, and when and why a new firm will be chosen as a vehicle for taking a new idea to market, i.e., whether the residual will be concentrated in an existing or in a new firm.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.titleDispersed knowledge and an entrepreneurial theory of the firmen_US
dc.typeArticleen_US
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.subject.authorDispersed knowledgeen_US
dc.subject.authorEntrepreneurial theoryen_US
dc.subject.authorUncertaintyen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record