A Realist Perspective of Entrepreneurship: Opportunities As Propensities

  title={A Realist Perspective of Entrepreneurship: Opportunities As Propensities},
  author={Stratos Ramoglou and Eric W. K. Tsang},
  journal={Academy of Management Review},
The idea that entrepreneurial opportunities exist “out there” is increasingly under attack by scholars who argue that opportunities do not preexist objectively but are actively created through subjective processes of social construction. In this article we concede many of the criticisms pioneered by the creation approach but resist abandoning the preexisting reality of opportunities. Instead, we use realist philosophy of science to ontologically rehabilitate the objectivity of entrepreneurial… 

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