AJIBM  Vol.8 No.4 , April 2018
The Art of Capturing Opportunities —Screening Arab Social Entrepreneurs
Abstract: This paper investigates how opportunities are captured by those that bring in unique contributions to their communities. More than fifty Arab initiatives were studied to see how they started by social change entrepreneurs through capturing opportunities that came due to community needs, gaps, challenges, crisis. The study shows that even hidden opportunities can be exploited through utilising the alertness psychology of the entrepreneurs along with problem solving techniques and optimising their social capital that each opportunity brings. The originality of this work is that it shows that capturing opportunities can occur when people are more driven by values, or vision, or self-purposefulness. It is very important to all Social Change Agents and especially in developing countries/regions as the Arab World. The limitation to data screened in this study doesn’t undermine the possibility for generalising it further in different areas in the world as it carries a great development potential for our socio-economies and even to the world abundance thinking.
Cite this paper: Buheji, M. (2018) The Art of Capturing Opportunities —Screening Arab Social Entrepreneurs. American Journal of Industrial and Business Management, 8, 803-819. doi: 10.4236/ajibm.2018.84055.

[1]   Rae, D. (2007) Entrepreneurship from Opportunity to Action. Palgrave McMillan, New York.

[2]   Hansen, D., Shrader, R. and Monllor, J. (2011) Defragmenting Definitions of Entrepreneurial Opportunity. Journal of Small Business Management, 49, 283-304.

[3]   Gaglio, C. (2004) The Role of Mental Simulations and Counterfactual Thinking in the Opportunity Identification Process. Entrepreneurship Theory and Practice, 28, 533-552.

[4]   Shane, S. and Venkataraman, S. (2000) The Promise of Entrepreneurship as a Field of Research. Academy of Management Review, 25, 217-226.

[5]   Gaglio, C. and Katz, J. (2001) The Psychological Basis of Opportunity Identification: Entrepreneurial Alertness. Journal of Small Business Economics, 16, 11-95.

[6]   Kirzner, I. (1979) Perception, Opportunity, and Profit: Studies in the Theory of Entrepreneurship. University of Chicago Press, Chicago.

[7]   Sarasvathy, S., Venkataraman, S., Dew, N. and Velamuri, R. (2010) Three Views of Entrepreneurial Opportunity. In: Acs, Z., Eds., Handbook of Entrepreneurship, 2nd Edition, Kluver Academic Press, Boston, 77-93.

[8]   Suonpää, M. (2013) Constructing an Opportunity Centred Collaborative Learning Model through and for Entrepreneurship. Jyväskylä Studies in Business and Economics.;sequence=1

[9]   Kyrö, K. and Osei-Bonsu. (2011) Different Approaches to Opportunity Process and Their Consequences for Teaching Practice. Yrittäjyyskasvatuspäivät, Konferenssijulkaisu, Lappeenranta, Finland.

[10]   Long, W. and McMullan, W. (1984) Mapping the New Venture Opportunity Identification Process. In: Hornaday, J.A., Tardley, F.A., Timmons, J.A. and Vesper, K.H., Eds., Frontiers of Entrepreneurship Research, Babson College, Wellesley, MA, 567-591.

[11]   Kaish, S. and Gilad, B. (1991) Characteristics of Opportunities Search of Entrepreneurs versus Executives: Sources, Interests, General Alertness. Journal of Business Venturing, 6, 45-61.

[12]   Drucker, P. (2006) Innovation and Entrepreneurship Practice and Principles. HarperBusiness, New York.

[13]   Sahlman, W. (2018) Every Problem Is an Opportunity.

[14]   Rae, D. (2003) Opportunity Centred Learning: An Innovation in Enterprise Education. Education and Training, 45, 542-549.

[15]   Tang, J. (2010) How Entrepreneurs Discover Opportunities in China: An Institutional view. Asia Pacific Journal of Management, 27, 461-479.

[16]   Tang, J., Kacmar, K.M. and Busenitz, L. (2010) Entrepreneurial Alertness in the Pursuit of New Opportunities. Journal of Business Venturing, 27, 77-94.

[17]   Smith, B., Matthews, C. and Schenkel, M. (2009) Differences in Entrepreneurial Opportunities: The Role of Tacitness and Codification in Opportunity Identification. Journal of Small Business Management, 47, 38-57.

[18]   Buheji, M. and Ahmed, D. (2017) Breaking the Shield-Introduction to Inspiration Engineering: Philosophy, Practices and Success Stories. Archway Publishing, Bloomington.

[19]   Urbig, D., Weitzel, U., Rosenkranz, S. and van Witteloostuijn, A. (2012) Exploiting Opportunities at All Cost? Entrepreneurial Intent and Externalities. Journal of Economic Psychology, 33, 379-393.

[20]   Mitchell, J. and Shepherd, D. (2010) To Thine Own Self Be True: Images of Self, Images of Opportunity, and Entrepreneurial Action. Journal of Business Venturing, 25, 138-154.

[21]   Shane, S. (2000) Prior Knowledge and the Discovery of Entrepreneurial Opportunities. Organization Science, 11, 448-469.

[22]   Baron, R. and Ensley, M. (2006) Opportunity as a Detection of Meaningful Patterns: Evidence from Comparisons of Novice and Expert Entrepreneurs. Management Science, 52, 1331-1344.

[23]   DeTienne, D. and Chandler, G. (2004) Opportunity Identification and Its Role in the Entrepreneurial Classroom: A Pedagogical Approach and Empirical Test. Academy of Management Learning and Education, 3, 242-257.

[24]   Zimmerman, A. (2016) Discover the 7 Key Traits of an “Abundance Mindset”.

[25]   Edberg, H. (2008) How to Create an Abundance Mentality. The Positivity Blog.

[26]   Shaver, K.G. and Scott, L.R. (1991) Person, Process, Choice: The Psychology of New Venture Creation. Entrepreneurship Theory and Practice, 16, 23-45.

[27]   Hisaka, A. (2015) Three Sales Problems That Are Actually Opportunities.

[28]   Ardichvili, A., Cardozo, R. and Ray, S. (2003) A Theory of Entrepreneurial Opportunity Identification and Development. Journal of Business Venturing, 18, 105-123.

[29]   Choi, Y.R. and Shepherd, D.A. (2004) Entrepreneurs’ Decisions to Exploit Opportunities. Journal of Management, 30, 377-395.

[30]   Berglund, H. (2007) Opportunities as Existing and Created: A Study of Entrepreneurs in the Swedish Mobile Internet Industry. Journal of Enterprise Culture, 15, 243-273.

[31]   Al-Jazeerah, N. (2018) Series of Zimam Al-Mubadrah for Years 2015, 2016, 2017, 2018.