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Three Views of Entrepreneurial Opportunity

Speaker : Prof S. Venkataraman, Samuel Slover Professor of Business Administration; Director of Research, Batten Institute, Darden School, University of Virginia
Date: 24 July 2001 (Monday)
Time: 10.30am - 12.00noon
Venue: Conference Room D, #04-01, FBA1 Building, National University of Singapore.

Abstract

In this seminar, Prof Venkataraman will develop a definition of entrepreneurial opportunity, delineate its elements, and then examine it within three views of the market process: i.e., the market as an allocative process; as a discovery process; and as a creative process (Buchanan & Vanberg). Within each stream, he will examine the assumptions about the knowledge (ignorance) of the decision maker with regard to the future, and the implications of those assumptions for strategies to recognize, discover, and create entrepreneurial opportunities. Depending on the particular set of assumptions, the strategies include diversification, experimentation, and effectuation. Finally, he will integrate the three views of entrepreneurial opportunity through an examination of the implications for strategic management and entrepreneurship research.

About the Speaker
Prof Venkataraman earned a Ph.D. from the Carlson School of Management at the University of Minnesota, an MBA from the Indian Institute of Management at Calcutta, and a master's degree in economics from Birla Institute of Technology and Science, Pilani, India. His research work has been published in a variety of academic journals and he is the editor of the Journal of Business Venturing, a leading entrepreneurship journal. He is also the Director of Research of the Batten Center of Entrepreneurial Leadership. Prof. Venkataraman held the Warren H. Bruggeman and Pauline Urban Bruggeman Distinguished Associate Professorship at Rensselaer Polytechnic Institute. Prior to that he was Paul Yeakel Term Assistant Professor of management at the Wharton School of University of Pennsylvania. During his tenure, he developed courses in entrepreneurship, corporate venturing and corporate and business strategy. He has conducted extensive research and has consulted with companies in these areas as well. He has also worked in corporate and business planning with Wipro Products Ltd., a leading high-tech., high growth company in India. He was responsible for producing the annual and three-year plans and coordinating new business development in the information technology business of the company.



We are pleased to invite you and your colleagues to attend the talk. As there are limited number of seats available, please register for the talk via email to
Joanne (cmtsimbh@nus.edu.sg)
with your name, designation and company/institution (and email add if via fax),
by 21 July 2001. Please forward this invitation to your friends and colleagues who may be interested. Admission is free
Seminars organised by the Entrepreneurship Centre are now on the CIT NUSLive website
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