

The Entrepreneurial Process Model: A Dynamic Framework for Opportunity Creation, Evaluation, and Venture Evolution
The entrepreneurial process model represents one of the most influential frameworks in entrepreneurship scholarship, offering a systematic explanation of how new ventures emerge, evolve, and, in some cases, fail. Rather than portraying entrepreneurship as a single act of innovation or risk-taking, the model conceptualizes it as an unfolding process shaped by opportunity perception, individual cognition, resource constraints, institutional contexts, and market dynamics. This p
Miguel Virgen, PhD Student in Business
16 hours ago6 min read





















































































