Yes, now we can: Technological change and the exploitation of entrepreneurial opportunities

• The paper investigates how technological change in an industry influence which individuals will identify and exploit entrepreneurial opportunities. We propose that the introduction of new development tools will change knowledge-barriers to entry because they enable the abstraction of specialized knowledge that was previously needed for development. Empirically we test the argument using data from the web design industry in a Nordic country during the period 1992-2003. We compare the education and experience of founders before and after the introduction of web administration tools in 1998 and find a significant difference, which supports the main thesis of our argument.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business (hsv//eng)

Nyckelord

Capital goods of development

Entrepreneurship

New ventures

New technology-based firms

Entrepreneurial opportunities

Web design industry

Development tools

Technological change

Publikations- och innehållstyp

art (ämneskategori)

ref (ämneskategori)