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dc.contributor.authorErikson, Truls
dc.contributor.authorLøvdal, Nicolai Solberg
dc.contributor.authorAspelund, Arild
dc.date.accessioned2020-06-05T11:44:25Z
dc.date.available2020-06-05T11:44:25Z
dc.date.created2015-11-11T14:58:50Z
dc.date.issued2015
dc.identifier.citationSustainability. 2015, 7 (11), 14859-14872.en_US
dc.identifier.issn2071-1050
dc.identifier.urihttps://hdl.handle.net/11250/2656996
dc.description.abstractEntrepreneurship may be regarded as the mechanism of change towards sustainability. Any entrepreneur that seeks to start a new venture in an emerging industry will face resource and time constraints. The question we raise here is how the entrepreneur should prioritize use of time and resources to increase likeliness of success. To address this question we depart from a theoretical perspective of entrepreneurship seen as judgment, and bridges it over to entrepreneurship seen as co-creation. In other words, we combine the subjective with the intersubjective, and explore the effects of the actions successful green technology entrepreneurs in the emerging offshore renewable energy industry make in building their new ventures in nascent markets. Inspired by earlier studies on market entry, combined with new ways to understand new venture emergence, we find that independent entrepreneurs benefit from leapfrogging typical stages in the technology development process and rather devote time and efforts on resource acquisition. We also find that the most important value-capturing, decision-making heuristics are those related to “hybrid governance”. We discuss implications for theory, practice, and policy.en_US
dc.language.isoengen_US
dc.publisherMDPIen_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleEntrepreneurial judgment and value capture, the case of the nascent offshore renewable industryen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.source.pagenumber14859-14872en_US
dc.source.volume7en_US
dc.source.journalSustainabilityen_US
dc.source.issue11en_US
dc.identifier.doi10.3390/su71114859
dc.identifier.cristin1288167
dc.description.localcodeThis is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly citeden_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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