Preprints are early versions of research articles that have not been peer reviewed. They should not be regarded as conclusive and should not be reported in news media as established information.
Journal Submission_Entrepreneurial Energy and Opportunities Existing in Space.pdf (1.93 MB)

Entrepreneurial Energy and Opportunities Existing in Space

Download (1.93 MB)
posted on 2020-12-18, 18:04 authored by David LeongDavid Leong

The space within which the entrepreneurs exist is filled with risks, opportunities and other environmental resources. Scholars have argued that entrepreneurs are constantly discovering and identifying value potentials because significant values arise from the existence of positive externalities which can be captured and exploited. Positive externalities or opportunities can create substantial and desirable gains if they can be monetized, leveraged and exploited. These externalities refer to the natural environmental resources within the space where the entrepreneurs operate (Hoogendoorn et al., 2019). From the perspective of space, this paper will explore the emergence of opportunities or risks within the space through the theoretical lens of structuration and complex science and will specifically discuss the collision and the meeting of opportunities with the entrepreneurs at the nexus from the perspective of entrepreneurial energy excitation.

Entrepreneurship originates from a nexus of individuals and opportunities (Shane, 2003). The unique juncture in space or nexus in which the entrepreneurs and opportunities exist is central to the study of entrepreneurship because it is in this juncture or nexus that identification and evaluation of risks and opportunities take place. It is the subsequent human actions, driven by the level of entrepreneurial energy that will lead to the myriad of possible venture pathways. For risks, entrepreneurs perceive them and will subsequent work towards mitigation or avoidance through varied measures. The exploitation of opportunities is concerned with acquiring and employing resources in the space to gain certain advantages. Likewise, with risks, entrepreneurs perceive the risks and work towards the mitigation or avoidance of the perceived risk in the venture pathways.

In this paper, entrepreneurship is viewed through structuration and complexity science lens to present the entrepreneurial venture as the instantiated outcome of the entrepreneur–opportunity interaction through time and space (Sarason et al., 2006). Complexity science offers a theoretical lens for exploring the complex interdependencies of a complex, and adaptive pluralistic world with irreversibility and randomness being the rules- a dynamical systems in the natural and physical worlds. The key central concept of complexity is that interactivities between parts of open systems that creates unpredictable and seemingly random patterns. While the history of the open system is relevant in understanding its dynamics, the specific isolation of individual part of the system does not reveal the casual mechanisms in the system (Fuller & Moran, 2001).

The paper explores whether how entrepreneurial energy arise from the convergence/ collision of entrepreneurs with opportunities in a dynamical, unpredictable and random way in a nexus in space.


Declaration of conflicts of interest


Corresponding author email

Lead author country

  • Singapore

Lead author job role

  • Practitioner/Professional

Lead author institution

Charisma University

Human Participants

  • No


Log in to write your comment here...