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
Citations
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Big data and predictive analytics for supply chain and organizational performance
Angappa Gunasekaran,Thanos Papadopoulos,Rameshwar Dubey,Samuel Fosso Wamba,Stephen J. Childe,Benjamin T. Hazen,Shahriar Akter +6 more
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Customer loyalty: a review and future directions with a special focus on the hospitality industry
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Entrepreneurship: Exploring the knowledge base
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References
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Journal ArticleDOI
Entrepreneurial actions, innovation, and appropriability
TL;DR: In this paper, the authors identify the most effective ways in which individual and collective interests can be jointly pursued, and identify the effective ways to jointly pursue these interests in the context of strategic management.
Posted Content
Towards a Stakeholder Theory of Strategic Management
TL;DR: In this paper, the authors suggest that viewing shareholders as the sole residual claimants is an increasingly tenuous description of the actual relationships among a corporation's various stakeholders, and propose a stakeholder theory of the firm in the strategic management discipline.
Journal ArticleDOI
Technology emergence through entrepreneurship across multiple industries
TL;DR: In this paper, the authors examined the role of industry interaction in the development of both upstream and downstream industries and found that during technology emergence, entrepreneurship occurs first in upstream industries, these upstream entrepreneurs provide the technological foundations that enable the founding of firms in other industries developing the technology.
Journal ArticleDOI
Investment dynamics and financial constraints in ipo firms
TL;DR: In this article, the authors investigate financial constraints on investments by IPO firms and find that financial constraints are persistent, as they do not diminish as younger IPO firms mature, and they also find that intangible assets that are often seen at the root of IPO firms' competitive advantages can also exacerbate external financing costs, constraining IP firms' abilities to make future strategic investments.
Journal ArticleDOI
Management Theory and Research: Potential Contribution to Public Policy and Public Organizations
TL;DR: In this paper, the authors discuss the way in which management theory and research can be applied to the public realm to encourage the growth of new and innovative firms, an aspect of tackling unemployment.
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