Journal ArticleDOI
Strategic Entrepreneurship: Creating Value for Individuals, Organizations, and Society
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In this article, the authors examine the contributions of strategic management and entrepreneurship to strategic entrepreneurship and develop an input-process-output model to extend their understanding of the SE construct and explore the resource inputs into SE, such as individual knowledge and skills.Abstract:
Executive Overview The foci of strategic entrepreneurship (SE) are broad and rich, building on research from multiple disciplines such as economics, psychology, and sociology, along with other subdisciplines in management including organizational behavior and organization theory. Herein, we examine the contributions of strategic management and entrepreneurship to SE. Building on a previous model of SE, we develop an input-process-output model to extend our understanding of the SE construct. We examine the resource inputs into SE, such as individual knowledge and skills. In addition, we explore the resource orchestration processes that are important for SE and the outcomes, including creating value for customers, building wealth for stockholders, and creating benefits for other stakeholders, especially for society at large. Individual entrepreneurs also benefit through financial wealth, but other outcomes such as personal satisfaction and fulfillment of personal needs (e.g., self-actualization) may be of e...read more
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Journal ArticleDOI
Strategic entrepreneurship and knowledge spillovers: spatial and aspatial perspectives
TL;DR: In this article, the authors distinguish between spatial and aspatial knowledge spillovers and distinguish between three dimensions of SE, i.e., inputs, resource orchestration, and output, and discuss the implications of knowledge spillover.
Journal ArticleDOI
Enterprise- and Industry-Level Drivers of Cluster Evolution and Their Outcomes for Clusters from Developed and Less-Developed Countries
TL;DR: In this paper, the authors discuss the international strategies of lead companies and the modularization of production networks as drivers of cluster evolution in developed countries, and formulate propositions regarding the impact of those drivers on relationships with clusters in less-developed countries, based on literature reviews.
Journal ArticleDOI
After the harvest: A stewardship perspective on entrepreneurship and philanthropy
TL;DR: This paper explored how and why entrepreneurs redistribute their resources following harvests, and revealed four mechanisms that drive these philanthropic decisions: intrinsic motivation, identification, personal power, and stewardship norms.
Journal ArticleDOI
Exploration and Firm Performance: The Moderating Impact of Competitive Strategy
Zhongfeng Su,Hai Guo,Wei Sun +2 more
TL;DR: This article examined the effect of competitive strategy on the relationship between exploration and firm performance and found that the moderating effect of differentiation strategy is positive while that of cost-leadership strategy is negative, and these moderating effects are stronger in a highly competitive context.
Sustainable Minded Entrepreneurs: Developing and Testing a Values-Based Framework
TL;DR: In this paper, the core values that drive sustainable minded entrepreneurs are explored and the relationships of these values with three proposed correlates of sustainable attachment are examined using a sample of 305 students.
References
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Book ChapterDOI
Firm Resources and Sustained Competitive Advantage
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Book
Capitalism, Socialism and Democracy
TL;DR: In this paper, the authors present a history of the first half of the 20th century, from 1875 to 1914, of the First World War and the Second World War.
Toward a Knowledge-Based Theory of the Firm,” Strategic Management Journal (17), pp.
TL;DR: The primary contribution of the paper is in exploring the coordination mechanisms through which firms integrate the specialist knowledge of their members, which has implications for the basis of organizational capability, the principles of organization design, and the determinants of the horizontal and vertical boundaries of the firm.
Journal ArticleDOI
Toward a Knowledge-Based Theory of the Firm
TL;DR: In this paper, the authors explore the coordination mechanisms through which firms integrate the specialist knowledge of their members, which has implications for the basis of organizational capability, the principles of organization design, and the determinants of the horizontal and vertical boundaries of the firm.
Journal ArticleDOI
The Promise of Entrepreneurship as a Field of Research
TL;DR: In this article, the authors draw upon previous research conducted in the different social science disciplines and applied fields of business to create a conceptual framework for the field of entrepreneurship, and predict a set of outcomes not explained or predicted by conceptual frameworks already in existence in other fields.
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