Reconsidering Schumpeterian opportunities: the contribution of interaction ritual chain theory

Abstract

Purpose

The purpose of this article is to develop a conceptual framework that recognises the significance of emotional and interactional factors in shaping the development and enactment of entrepreneurial opportunities.

Design/methodology/approach

Provides a theory development illustrated through a case study based on secondary sources.

Findings

Demonstrates how emotion and interaction ritual chains can extend the scope of entrepreneurial theorising.

Research limitations/implications

Suggests how novel concepts could be deployed to add explanatory power to accounts of entrepreneurial behaviour.

Practical implications

Suggests new approaches to spotting potential entrepreneurial opportunities.

Originality/value

Emotion has received little attention from entrepreneurship researchers. This paper offers one way of filling this gap by developing a strand of microsociological theory that has not previously been applied to the explanation of entrepreneurial behaviour.

Citation

Goss, D. (2007), "Reconsidering Schumpeterian opportunities: the contribution of interaction ritual chain theory", International Journal of Entrepreneurial Behavior & Research, Vol. 13 No. 1, pp. 3-18. https://doi.org/10.1108/13552550710725156