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Opportunity, discovery and creativity : a critical realist perspective

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Martin, Lee and Wilson, N. R. (2016) Opportunity, discovery and creativity : a critical realist perspective. International Small Business Journal, 34 (3). pp. 261-275. doi:10.1177/0266242614551185 ISSN 0266-2426.

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Official URL: http://dx.doi.org/10.1177/0266242614551185

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Abstract

In this article, we draw upon the philosophy of critical realism to reflect upon issues concerning discovery processes and opportunity development. First, paradoxes in the relationship between opportunity discovery and creativity are identified and explained. Second, the question of how to investigate opportunities is discussed and a solution informed by critical realism presented whereby three new types of discovery are identified and defined for empirical investigation. Using critical realism to augment entrepreneurial opportunity theory, we propose that discovery processes have significance beyond discovery theory and can be considered revealing for theories of opportunity development more generally. We conclude with conceptual and practical comment on the importance of ontological theorising for entrepreneurship.

Item Type: Journal Article
Subjects: B Philosophy. Psychology. Religion > B Philosophy (General)
B Philosophy. Psychology. Religion > BF Psychology
H Social Sciences > HB Economic Theory
Divisions: Faculty of Arts > Theatre, Performance and Cultural Policy Studies > Centre for Cultural Policy Studies
Library of Congress Subject Headings (LCSH): Critical realism, Opportunity, Creative ability , Entrepreneurship
Journal or Publication Title: International Small Business Journal
Publisher: Sage Publications Ltd.
ISSN: 0266-2426
Official Date: May 2016
Dates:
DateEvent
May 2016Published
October 2014Available
Volume: 34
Number: 3
Page Range: pp. 261-275
DOI: 10.1177/0266242614551185
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 30 August 2016
Date of first compliant Open Access: 30 August 2016

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