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Journal ArticleDOI

Strategic Entrepreneurship: Creating Value for Individuals, Organizations, and Society

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TLDR
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...

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Citations
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Conceptualizing Strategic Entrepreneurship and SMEs Performance Using the Resource-Based Theory

TL;DR: In this paper, a conceptual model that describes the influence of strategic entrepreneurship on SMEs performance under the mediation of competitive advantage is proposed. But, the model does not consider the effect of strategic resources management on the relationship between strategic entrepreneurship components and SMEs' performance.
Journal ArticleDOI

Achieving high efficiency and sustainability through new ventures exploration and exploitation strategies: Insight from well-established and emerging technology standards

TL;DR: In this article, the authors examined the effect of technology standard on the relationship of exploration/exploitation strategy and financial performance by the aid of the strategic purity model with 265 US new ventures belonging to light industry sectors, and found that exploration strategy exercises a more positive impact on financial performance than exploitation strategy in the case of adopting emerging technology standard.
Journal ArticleDOI

Exploration and Exploitation Strategies in SME Family Firms

TL;DR: In this article, the authors examine on how family firms decide to pursue exploitation or exploration strategies and propose a conceptual model to further comprehend the decisions made in undertaking exploration and exploitation strategies among family firms.
Book ChapterDOI

Entrepreneurship Creativity: An Implication for Architects’ Competitiveness and Sustainability

TL;DR: In this article, the authors reviewed the process nature of entrepreneurship in conjunction with the creativity and problem-solving skills inherent in both entrepreneurs and designers and provided a supportive explanation on the individual (architect and entrepreneur) behaviour process which may lead to an entrepreneurship creative process.
Journal ArticleDOI

Optimal planning of university technology transfer measures with DANP-Fuzzy FlowSort and an extended multi-objective PROMETHEE V

TL;DR: In this paper , the authors proposed an integrated methodological framework for decision support in planning the implementation of measures that address the barriers of university technology transfer (UTT) in a case study with 29 identified measures under 24 previously known barriers.
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.

RM Grant
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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