![](\"https:\/\/www.bus.miami.edu\/_assets\/images\/faculty\/business-technology\/ola_sq.jpg\")
<\/p>\nby<\/p>\n
<\/p>\n
Professor of Business Technology
\nMiami Herbert Business School
\nUniversity of Miami<\/p>\n
Abstact:<\/strong><\/p>\n Digital ventures typically face significant growth expectations. A common response is to extend the current operations into new areas through core entrepreneurship processes for business extension: productive opportunity creation and opportunity actualization. We surmise that the versatility of the digital venture\u2019s digital core (e.g., new search engine, data mining technique, platform, or voice interface) facilitates these processes by reducing cost and increasing speed. To this end, we use Penrose\u2019s work for analyzing a two-year in-depth case study of a Chinese digital venture’s extension of their initial operations based on its credit rating technology. We trace four key processes contributing to productive opportunity creation and opportunity actualization through our grounded analysis: problematizing and concepting (creation of productive opportunity) and templating and reusing (opportunity actualization). We observe how these processes are enabled by the versatility of the case organization\u2019s digital core. Synthesizing our findings, we contribute to the emerging digital innovation and entrepreneurship literature related to business growth by developing a process model of digital venture extension.<\/p>\n","protected":false},"excerpt":{"rendered":" The Extension of Digital Ventures by Ola Henfridsson Professor of Business Technology Miami Herbert Business School University of Miami Thursday, Oct 22 9:00 \u2013 10:00 am | Zoom Abstact: Digital ventures typically face significant growth expectations. A common response is to extend the current operations into new areas through core entrepreneurship processes for business extension: […]<\/p>\n","protected":false},"author":17227,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[838368,5521,838367,41397],"class_list":{"0":"post-1310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"tag-digital-core","8":"tag-digital-innovation","9":"tag-digital-ventures","10":"tag-entrepreneurship","11":"entry"},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/posts\/1310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/users\/17227"}],"replies":[{"embeddable":true,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/comments?post=1310"}],"version-history":[{"count":1,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/posts\/1310\/revisions"}],"predecessor-version":[{"id":1311,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/posts\/1310\/revisions\/1311"}],"wp:attachment":[{"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/media?parent=1310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/categories?post=1310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/community.mis.temple.edu\/seminars\/wp-json\/wp\/v2\/tags?post=1310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}