Research On The Process Mechanism Of Continuous Release Of Entrepreneurial Opportunities From The Network

Entrepreneurial research shows that entrepreneurial opportunities play an important role in the entrepreneurial process.The academic community holds two views on the source of opportunities.One thinks that opportunities are objective while the other thinks that opportunities are subjectively constructed.More and more scholars have noticed the duality between the two sources of opportunity.They believe there is a certain connection between the two opportunities,which form and act on the entrepreneurial process.No conclusion has been formed yet.This paper adopts the network perspective,and takes a company which continuously releases entrepreneurial opportunities as the research object,explains why the entrepreneurial opportunity can be released continuously,and explores the process mechanism.This paper mainly focuses on the following two aspects:First,the release process of the two opportunities is explored from a network perspective,including the two process mechanisms of accumulation complexity and attempting openness.Accumulation complexity is a transformation mechanisms from opportunity discovered to opportunity constructed.At the beginning of entrepreneurship,enterprise uses opportunity discovery as an entry,and generate opportunities for entrepreneurial business through each opportunity.Each business corresponds to a different entrepreneurial network.As opportunities are continuously discovered,business networks gradually accumulate,and network characteristics began to change:network scale,the degree of network center increases,and the diversity of the network increase.As a result,the entrepreneurial network environment becomes unstable,market standards are missing,supply and demand are not clear,business logic is diverged,and the source of opportunity constructed is released.Attempting openness is a mechanism from opportunity constructed to opportunity discovered.On the basis of the original entrepreneurial network,the enterprise conducts new business exploration and establishes a new network,and the newly established enterprise network has a convergence effect on the original network.The network characteristics change accordingly: the network diversity is weakened,the network connection strength is enhanced,and the official degree of network connection increased.As a result,the entrepreneurial network environment has become stable,market standards have beengradually established,supply and demand have become explicit,and business logic is focused,resulting in opportunity discovered.Second,this paper explains why the opportunities can be released continuously.The root of the problem lies in whether the two opportunity release mechanisms can form an interaction.Opportunity discovered and opportunity constructed can be transformed into each other.The accumulation complexity realized the transformation from opportunity discovered to opportunity constructed,accompanied by the generation of complex networks.Attempting openness has a convergence effect on the original complex network,which reduces the complexity of the network.When the two mechanisms,the complexity of the network is constantly changing,and the corresponding entrepreneurial environment is transformed between stability and instability,so that opportunity discovered and opportunity constructed are alternately released.Finally the continuously release mechanism of entrepreneurial opportunities formed.The innovation of this paper are reflected in the following: First,this paper uses the network perspective to study the complexity process of entrepreneurial opportunities.Entrepreneurial networks are open and complex,which combining opportunities with networks.Changes in network characteristics have prompted the release of different opportunities.Second,this paper argues that opportunities are mutually influenced,and proposes the continuously release mechanism of opportunity.On the one hand,this mechanism helps new ventures to grow between accumulation complexity and attempting openness,and provides a new perspective for solving organizational problems;on the other hand,different from some scholars,this paper believes that the release of opportunities is a two-way cycle,and the cyclical transformation has prompted the continuous release of entrepreneurial business,which provides important insights for the study of entrepreneurial mechanisms.