Picture of boy being examining by doctor at a tuberculosis sanatorium

Understanding our future through Open Access research about our past...

Strathprints makes available scholarly Open Access content by researchers in the Centre for the Social History of Health & Healthcare (CSHHH), based within the School of Humanities, and considered Scotland's leading centre for the history of health and medicine.

Research at CSHHH explores the modern world since 1800 in locations as diverse as the UK, Asia, Africa, North America, and Europe. Areas of specialism include contraception and sexuality; family health and medical services; occupational health and medicine; disability; the history of psychiatry; conflict and warfare; and, drugs, pharmaceuticals and intoxicants.

Explore the Open Access research of the Centre for the Social History of Health and Healthcare. Or explore all of Strathclyde's Open Access research...

Image: Heart of England NHS Foundation Trust. Wellcome Collection - CC-BY.

Serendipity and its role in the discovery of entrepreneurial opportunities

McFarlane, Julie and Carter, Sara (2016) Serendipity and its role in the discovery of entrepreneurial opportunities. In: EGOS 2016, 2016-07-07 - 2016-07-09, University of Naples Federico II.

[img]
Preview
Text (McFarlane-Carter-EGOS-2016-Serendipity-and-its-role-in-the-discovery-of-entrepreneurial-opportunities)
McFarlane_Carter_EGOS_2016_Serendipity_and_its_role_in_the_discovery_of_entrepreneurial_opportunities.pdf
Final Published Version

Download (746kB) | Preview

Abstract

This paper examines the role of serendipity in the entrepreneurial process in the context of the UK’s creative economy, with the music industry in Glasgow taken as its exemplar. The study draws upon primary evidence to provide an empirical account of how serendipity acts as the bridge between causal and effectual logic within the opportunity identification process. Dew’s (2009) inclusion of serendipity in this journal prompted its discussion in this study, while Martello (1994) provided the framework used to understand serendipity as a construct. The study assumes that Sarasvathy’s (2001) causal and effectual logics drive the process at agent level. Empirical data was collected via in-depth, semi-structured interviews with 16 music-entrepreneurs working within Glasgow’s independent rock music sector. The findings suggest that causal logic inspires their initial search, a process or event of recognition, following a systematic search or a chance encounter, inspires the fit between the individual and the idea and finally, the deployment of effectuation logic underpins the exploitation stage, enabling entrepreneurs to work within their given set of means. This study contributes to emerging discourses exploring the nature of the entrepreneurial process as well as adding to the sparse empirical analyses on music-entrepreneurs.