A Research Companion
Edited by Olympia Kyriakidou and Mustafa F. Özbilgin
7 Venturing as a relational process Mine Karatas-Özkan and William D. Murphy* ¸ Introduction Steyaert and Hjorth (2003) view the ﬁeld of entrepreneurship as a number of movements which change our perspectives and oﬀer us new relations. Based on a longitudinal research project, which explores the business venturing process in the context of UK creative industries, this chapter should be considered as a part of these movements. The research focuses on the intrinsic processes of venturing which are entrepreneurial learning, managing and networking as experienced by a set of actors whom we identify as being members of a venture team. Building on Wenger’s (1998) notion of ‘communities of practice’, these actors are active participants in entrepreneurial processes which occur in a historical and cultural context. We place a particular emphasis on the processual, relational and creative qualities of entrepreneurial practices undertaken by these actors as and when they are engaged together in developing the venture on an everyday basis. It is their very engagement in the day-to-day conduct of the venture, their interpersonal relations, their shared knowledge and their negotiation of enterprise, which makes them a community of practice. The processes of sense-making and social construction are explored by examining the ways in which members of a venture team attempt to create understandings of organisational emergence, that is, building relationships with clients, competitors, regional support agencies and members of a sectoral network. Therefore we develop the notion of ‘venture community’ throughout the chapter in order to reﬂect on...
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