Edited by Kevin Hindle and Kim Klyver
Chapter 2: Mapping the Landscape of New Venture Creation Research
Kevin Hindle and Dhafar Al-Shanfari INTRODUCTION In this chapter we will attempt an analytical investigation of the new venture creation literature with the aim of providing a comprehensive and parsimonious picture of the themes that literature contains. We want to map the landscape of new venture creation research. However, every journey of exploration demands thorough preparation, and in our case this leads to a necessary consideration of some of the thorniest controversies in the larger domain of entrepreneurship. Though some researchers and practitioners still maintain that entrepreneurship and new venture creation are synonymous, there is a broader agreement that new venture creation is a specific subset of entrepreneurship: just one manifestation that an entrepreneurial process might take (Shane and Venkataraman 2000). Unfortunately, there is very little agreement about what the larger phenomenon, entrepreneurship, actually is beyond recognizing that the unresolved entrepreneurship definitional debate is a hurdle to developing any solid framework, model or theory as the basis of a recognizably consistent body of research in any area of entrepreneurship. There simply is still no concise universally accepted definition of what ‘entrepreneurship’ stands for (Hisrich et al. 2005). The exact definition of entrepreneurship and the issue of how far that definition extends constitute a major question that continues to exercise academics (Birley and Muzyka 2000) because of the need to have clear boundaries of what constitutes a study that qualifies as ‘entrepreneurship research’ (Busenitz et al. 2003). Those interested in new venture creation research cannot avoid some attempt to address the...
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