Exploratory and Exploitative Entrepreneurship

Abstract

Entrepreneurship is a developing issue that provides sectoral and economic development of today's world. New entrepreneurship ideas are constantly developing with digital innovations, technology, social, and political influences. The introduction of the entrepreneurship thought with an existing and beyond idea along with these effects will give a different perspective to this field. Sustainability problems that arise after the implementation of existing enterprise ideas reveal two important types of entrepreneurship introduced into the literature: exploratory and exploitative entrepreneurship. This chapter describes exploitative entrepreneurship, which focuses on the development and improvement of existing initiatives, and the types of exploratory entrepreneurship that are revolutionary beyond existing initiatives. The chapter that starts with the introduction section continues with the theoretical and conceptual framework, methodology, discussion, and conclusion sections.