Modeling the role of context dependency in the identification and manifestation of entrepreneurial opportunity

Murad A. Mithani, Tomás Veloz, Liane Gabora

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

The paper uses the SCOP theory of concepts to model the role of environmental context on three levels of entrepreneurial opportunity: idea generation, idea development, and entrepreneurial decision. The role of contextual-fit in the generation and development of ideas is modeled as the collapse of their superposition state into one of the potential states that composes this superposition. The projection of this collapsed state on the socio-economic basis results in interference between the developed idea and the perceptions of the supporting community, undergoing an eventual collapse for an entrepreneurial decision that reflects the shared vision of its stakeholders. The developed idea may continue to evolve due to continuous or discontinuous changes in the environment. The model offers unique insights into the effects of external influences on entrepreneurial decisions.

Original languageAmerican English
Title of host publicationQuantum Informatics for Cognitive, Social, and Semantic Processes - Papers from the AAAI Fall Symposium, Technical Report
PublisherAI Access Foundation
Pages91-98
Number of pages8
ISBN (Print)9781577354901
StatePublished - 2010
Externally publishedYes
Event2010 AAAI Fall Symposium - Arlington, VA, United States
Duration: Nov 11 2010Nov 13 2010

Publication series

NameAAAI Fall Symposium - Technical Report
VolumeFS-10-08

Conference

Conference2010 AAAI Fall Symposium
Country/TerritoryUnited States
CityArlington, VA
Period11/11/1011/13/10

ASJC Scopus subject areas

  • General Engineering

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