Summarize A theory of entrepreneurial opportunity identification and development

Article Summary Student’s Name Institution Course Professor’s Name Submission Date Ardichvili et al. (2003) noted that a successful entrepreneur should demonstrate the capacity to recognize and choose the right opportunities for their solutions. In order to explain such entrepreneurial discovery, the researchers leveraged empirical and theoretical studies related to entrepreneurial opportunity identification and development based on Dubin’s theory-building model. The five factors influencing the process of business idea identification and development include entrepreneurial alertness, prior knowledge and information asymmetry, social networks, type of opportunity, and personality traits. These areas will be demystified in the subsequent paragraphs. Dubin’s theory-building approach pr...