The evolutionary journey of entrepreneurship (beginning from Cantillion's era continuing modern theoretical perspectives) though provides a strong evidence of the crucial role of entrepreneurship in economic development and firm's innovative management practices; however, in order to study the impact of various entrepreneurial perspectives in the establishment of postmodern corporations as well as stakeholder co-creation what factors or dimensions should be considered?
Many thanks for your valuable inputs in advance...!!!
You might want to checkout 'Effectuation' (Sarasvathy, 2001) as a perspective on entrepreneurial decision-making and action that includes explicit links to stakeholder co-creation. See also Read and Sarasvathy (2012) for more specific discussion of co-creation and some interesting suggestions for future research.
Sarasvathy, S. D. 2001. Causation and effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency. Academy of management Review, 26(2): 243-263.
Read, S., & Sarasvathy, S. D. 2012. Co-creating a course ahead from the intersection of service-dominant logic and effectuation. Marketing Theory, 12(2): 225-229.
Dear Yuval and Frederic
Many thanks for providing excellent inputs for my research.
I will surely read the suggested writings.
Sincerely,
Best Regards-Ridhi A.
Dear Ridhi
Take a look at this thesis, I found it is really interesting. There are something that could contribute to your research.
https://www.jak.se/sites/default/files/folkbildning/Thesis%20-%20Jaromir%20Zaoral%20and%20Alexandra%20Dembczyk.pdf
best wishes
yuz
Dear Yusniza .. Its very insightful.
Will surely go through it.
Thanks !!
Kind Regards- Ridhi A.
A good research challenge here is the entrepreneur is willing to take on more risk. But the co-stakeholder (typically funding sources) are much more risk adverse. This leads to dynamics that are counter-productive. One could research ways to minimize this dynamic tension.
Dear Professor
Thanks for providing such a thoughtful input. Will surely study from this perspective.
Sincerely,
Best Regards-Ridhi
Hi Ridhi. This is a broad issue but very relevant especially in the scope to study the effect of creativity and innovation to successful entrepreneurs. The initiative to open up vision to recognize and identify business opportunity from any source of information who will be later be appreciated as stakeholder co-creation.
Dear Dr. Liang,
These are very insightful inputs. Will surely consult them.
Thanks & Best Regards-Ridhi A.
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