Pursuit of Opportunity: “Kyoto way” Entrepreneurship
17 pages
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Pursuit of Opportunity: “Kyoto way” Entrepreneurship

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17 pages
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Pursuit of Opportunity: “Kyoto way” Entrepreneurship

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Pursuit of Opportunity and Business Incubation A Case Study on Entrepreneurs at Kyoto Research Park    Katsuyuki Kamei  Kansai University, Faculty of Safety Science, Osaka, Japan   Summary  How can an accompanying structure support the pursuit of opportunity by entrepreneurs? Based on the research by Messeghem and Sammut (2007), we try to clarify the relationship between the entre-preneurial process and the role of the accompanying structure.  To do so, we conducted an empirical study at the Kyoto Research Park (KRP), founded in 1989 as the first private incubation facility in Japan. The propositions formulated by Messeghem and Sammut are tested. The results show that KRP plays an important role in the creation of a network for entrepreneurs. At KRP, it is possible to observe a particular „Kyoto way‟ of entrepreneurship.   Keywords: Entrepreneurial process, Opportunity, Legitimacy, Network, Accompanying structure, Incubation, Kyoto way, Kyoto Research Park (KRP)  Introduction  Entrepreneurs are affected by the nation in which they operate and also by the region in which they are situated. How do originators mobilize a structure such as an incubation centre within their entre-preneurial project? How effective is this? The objective of this research is to understand the relationship between the entrepreneurial process and its accompanying structure. Based on the research by Messeghem and Sammut (2007), we focus on the following points: (1) the relationship between entrepreneurial opportunity-seeking and the role of the accompanying structure; and (2) the relationship between entrepreneurial legitimacy-seeking and the role of the structure. In 1989, Kyoto Research Park (KRP) was established within the Kyoto High Tech Valley as the first private incubation facility in Japan. Since then, KRP has played an important role in providing start-up entrepreneurs with opportunity and basis in areas such as IT, e-commerce, consulting, univer-sity-related R&D and other high technology. The present empirical study is supported by an historical survey of entrepreneurs in Japan (Dana, 2007). Our empirical study investigates entrepreneurship at KRP in Japan. The city of Kyoto is interna-tionally known for its history and culture. This ancient capital is also a centre of entrepreneurial and 1
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