From Creativity to New Venture Creation

Exploring the potentials of training creativity and business-opportunity spotting

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review

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Abstract

This paper explores the processes of creating new companies with original and useful business models from a conceptual perspective. Based on data from large-scale creativity training programs and business model development studies in Denmark encompassing over 100 companies and 200 entrepreneurs, the key proposition of the paper is that entrepreneurs can enhance their development processes through training their competences in creativity and opportunity spotting. The paper presents the key training methods identified in this study including an embodied creativity training program for daily creativity training, as well as a software-based framework for identifying useful business model configurations. The notion and potential effect of each program as separate tools is discussed, followed by a more in-depth discussion of the interrelationships between creative processes, opportunity spotting and the choice of business model configurations. The implications of the paper are discussed in terms of a research program under establishment as well as a combined teaching module aimed at new venture creation students within higher-education, high schools and primary school levels.
Original languageEnglish
Title of host publicationAustralian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings
EditorsPer Davidsson
PublisherQueensland University of Technology
Publication date2016
ISBN (Electronic)978-0-646-95752-4
Publication statusPublished - 2016
EventACERE 2016 Conference - Griffith, Australia
Duration: 2 Feb 20165 Feb 2016

Conference

ConferenceACERE 2016 Conference
CountryAustralia
CityGriffith
Period02/02/201605/02/2016

Fingerprint

New venture creation
Creativity
Business model
Entrepreneurs
Training program
Development process
Research program
Interrelationship
Module
Software
Training methods
Primary school
Denmark
Encompassing
High school
Model development

Keywords

  • Creativity training
  • Opportunity spotting
  • New venture creation
  • Original and useful business models
  • Business model innovation

Cite this

Nielsen, C., Byrge, C., & Lund, M. (2016). From Creativity to New Venture Creation: Exploring the potentials of training creativity and business-opportunity spotting. In P. Davidsson (Ed.), Australian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings Queensland University of Technology.
Nielsen, Christian ; Byrge, Christian ; Lund, Morten. / From Creativity to New Venture Creation : Exploring the potentials of training creativity and business-opportunity spotting. Australian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings. editor / Per Davidsson. Queensland University of Technology, 2016.
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Nielsen, C, Byrge, C & Lund, M 2016, From Creativity to New Venture Creation: Exploring the potentials of training creativity and business-opportunity spotting. in P Davidsson (ed.), Australian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings. Queensland University of Technology, ACERE 2016 Conference, Griffith, Australia, 02/02/2016.

From Creativity to New Venture Creation : Exploring the potentials of training creativity and business-opportunity spotting. / Nielsen, Christian; Byrge, Christian; Lund, Morten.

Australian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings. ed. / Per Davidsson. Queensland University of Technology, 2016.

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review

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Nielsen C, Byrge C, Lund M. From Creativity to New Venture Creation: Exploring the potentials of training creativity and business-opportunity spotting. In Davidsson P, editor, Australian Centre for Entrepreneurship Research Exchange Conference 2016 : Conference Proceedings. Queensland University of Technology. 2016