TY - JOUR T1 - From Ideas to Opportunities: Exploring the Construction of Technology-Based Entrepreneurial Opportunities JF - Technology Innovation Management Review Y1 - 2013 A1 - Ferran Giones A1 - Zhao Zhou A1 - Francesc Miralles A1 - Bernhard Katzy KW - constructivist view KW - entrepreneurship policy KW - technology entrepreneurship AB - The transformation of business ideas into market opportunities is at the core of entrepreneurship. Nevertheless, the complexity of such a transformative process is seen to change depending on the variables influencing the opportunity-entrepreneur nexus. Although technology-entrepreneurship is regarded as a force of change and dynamism in socio-economic growth, it also depends upon an intricate process of opportunity development. The interest in understanding better how technology-based entrepreneurs simultaneously cope with technological uncertainty while trying to gain stakeholder support and access to resources, highlights a relevant research gap. The research described in this article uses the constructivist view to deepen our understanding of the technology-based entrepreneur’s conceptualization of the opportunity as a process of social construction. Our results show how initial consensus-building efforts and iteration with knowledgeable peers are an essential part of the emergence of the opportunity, changing both entrepreneur's and stakeholders' perceptions of the early business idea. Consequently, our results provide evidence in support of policy programs and measures that favour social-construction support mechanisms to foster technology-based entrepreneurship. PB - Talent First Network CY - Ottawa VL - 3 UR - http://timreview.ca/article/692 IS - 6 U1 - Ramon Llull University Ferran Giones is a research assistant at La Salle Innova Institute – Ramon Llull University in Barcelona, Spain. He has Bachelors and Masters degrees in Business Administration from ESADE Business School in Barcelona. Ferran’s professional background is in management consulting and international business-operations development. In recent years, he has been working in the areas of entrepreneurship and innovation, closely studying how entrepreneurs' ventures emerge in dynamic environments under high uncertainty conditions. U2 - Leiden University Zhao Zhou is a PhD candidate at the Center for Technology and Innovation Management (CeTIM) at Leiden University, The Netherlands. His research interests are focused on the regional innovation system, technology-based entrepreneurship, and technology transfer. He has published in several international journals. U3 - Ramon Llull University Francesc Miralles leads the La Salle Innova Institute in Barcelona, Spain, and is Professor of IS strategy, Innovation Management, and Research Methods in La Salle BES, at La Salle Campus Barcelona - Ramon Llull University. He has a PhD from the Polytechnic University of Catalonia and an MBA from ESADE. Before joining La Salle BES - URL, he was Executive Director in the Information Society Observatory of Catalonia (FOBSIC). Francesc was Professor and Dean at the University Pompeu Fabra Barcelona. His current research interests are in the area of information technology management, innovation management, and entrepreneurship. He has participated in several international research projects funded by the European Commission, the CYCIT (Spanish government), and the CENIT programme (Ministry of Science & Innovation). For three years, Francesc was a member of the executive committee of the International Conference on Information Systems (sponsored by AIS). He was co-chairman of the ICIS’02 held in Barcelona in December 2002. U4 - University BW Munich / Leiden University Bernhard R. Katzy is Professor of Technology and Innovation Management at the University BW Munich in Germany and Leiden University in The Netherlands. He is founder and director of the Center for Technology and Innovation Management (CeTIM). Bernhard was invited to be the keynote speaker at the launch event of the European Living Lab movement in December 2006, is leading the knowledge-worker living lab (one of the first wave of living labs), and is founding member of ENoLL, the association of living labs. He started his professional career with an apprenticeship as car mechanic and later earned Master of Science degrees in electrical engineering and business management. He holds a PhD in industrial management from University of Technology (RWTH) Aachen in Germany and a second Ph.D. (Habilitation) in general management and technology management from University of St. Gallen, Switzerland. His research interest is about entrepreneurial management of fast-growing high-tech firms and the management of strategic change in the transition to the information age. ER - TY - JOUR T1 - Designing Viable Business Models for Living Labs JF - Technology Innovation Management Review Y1 - 2012 A1 - Bernhard Katzy KW - business excellence model KW - business models KW - co-creation KW - living labs AB - Over 300 regions have integrated the concept of living labs into their economic development strategy since 2006, when the former Finnish Prime Minister Esko Aho launched the living lab innovation policy initiative during his term of European presidency. Despite motivating initial results, however, success cases of turning research into usable new products and services remain few and uncertainty remains on what living labs actually do and contribute. This practitioner-oriented article presents a business excellence model that shows processes of idea creation and team mobilization, new product development, user involvement, and entrepreneurship through which living labs deliver high-potential investment opportunities. Customers of living labs are identified as investors such as venture capitalists or industrial firms because living labs can generate revenue from them to create their own sustainable business model. The article concludes that living labs provide extensive support “lab” infrastructure and that it remains a formidable challenge to finance it, which calls for a more intensive debate. PB - Talent First Network CY - Ottawa VL - 2 UR - http://timreview.ca/article/604 IS - 9 U1 - University BW Munich Bernhard R. Katzy is Professor of Technology and Innovation Management at the University BW Munich in Germany and Leiden University in The Netherlands. He is founder and director of the Center for Technology and Innovation Management (CeTIM). Bernhard was invited to be the keynote speaker at the launch event of the European Living Lab movement in December 2006, is leading the knowledge-worker living lab (one of the first wave of living labs), and is founding member of ENoLL, the association of living labs. He started his professional career with an apprenticeship as car mechanic and later earned Master of Science degrees in electrical engineering and business management. He holds a PhD in industrial management from University of Technology (RWTH) Aachen in Germany and a second Ph.D. (Habilitation) in general management and technology management from University of St. Gallen, Switzerland. His research interest is about entrepreneurial management of fast-growing high-tech firms and the management of strategic change in the transition to the information age. ER -