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Jun 29, 2022 · Strategic entrepreneurship integrates the fields of strategy and entrepreneurship to consider firms’ simultaneous engagement in opportunity- and advantage-seeking behaviors to create wealth. Since its conceptualization in the early 2000s, the study of SE has gained considerable momentum.
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Michael C. Withers is an associate professor of management,...
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Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
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Presents perspectives on the dynamics, theories, and practices of strategic entrepreneurship. Introduces a strategic entrepreneurship theoretical model to rank the development potential of the G7 economies. Includes cutting-edge case studies on topics such as big data and human resources.
Dec 11, 2021 · Strategic Entrepreneurship. Chapter. An Introduction to Strategic Entrepreneurship: Perspectives on the Dynamics, Theories, and Practices. Chapter. First Online: 11 December 2021. pp 1–10. Cite this chapter. Download book PDF. Download book EPUB. Strategic Entrepreneurship. Nezameddin Faghih & Amir Forouharfar.
- A Brief Background on Strategic Entrepreneurship
- Theoretical Perspectives Applied to Strategic Entrepreneurship
- Firm Level of Analysis
- Social Network Theory
- Environment Level of Analysis
- Organization Ecology
- Individual Level of Analysis
- Potential Future Theoretical Integration For Se Research
The presence and ongoing pursuit of innovation within a firm leads to its description and identification as an entrepreneurial organization (Covin and Miles 1999). Accordingly, the traditional view of SE considers the firm as the fundamental unit of analysis. As such, SE is conceptually situated within the broader domain of firm-level entrepreneurs...
Scholars have advocated multi-theoretic approaches to investigating SE (Ireland et al. 2009; Ireland et al. 2003). Theory allows scholars practical and conceptual insight into a phenomenon and helps them to understand the systematic reasoning for a particular occurrence or non-occurrence (Penney and Combs 2013). Theory is the means through which sc...
We start with an inclusion of three theories at the firm level of analysis. Agency theory explains how organizations are structured to deal with conflicting goals of principals and agents, while real options theory has frequently been linked to entrepreneurial firms and represents a strategic approach to SE. Both theories deal with how firms cope w...
Networks are systems of actors (or nodes) and the set of ties that represent the relationships between those actors (Borgatti and Foster 2003). These actors have the ability to transfer information across their network, which gives rise to differential access to knowledge, resources, and power (Brass et al. 2004). Network theory revolves around the...
Past research in both strategy and entrepreneurship suggests that the external environment is a primary determinant of firms’ strategies and of firm success (e.g., Aldrich 1979). Recognized environmental influences include industry structure, the hostility and dynamism of the competitive environment, and the impact of major environmental shifts (e....
Stemming from contingency theory, which advances the premise that an organization’s success is dependent upon the “fit” it has with its environment (Lawrence and Lorsch 1967), the ecological perspective argues that the external environment dictates organizational survival and will select out organizations that do not adapt appropriately or fit into...
The third set of organizational theories under examination pertain to the influence individuals have on firm-level entrepreneurship. Managers play critical roles in directing firm action (e.g., Simon 1957). The demographic characteristics, values and beliefs, and behaviors of organizational leaders influence how they interpret information, recogniz...
Much in the way that scholars have begun to view exploration and exploitation as complementary behaviors rather than competing strategies (March 1991), the theories explored above offer potentially complementary views that, when synthesized, could expand the SE knowledge base. The processes through which firms and their leaders engage in SE are int...
- Matthew J. Mazzei, David J. Ketchen, Christopher L. Shook
- 2017
Jun 8, 2023 · Strategic entrepreneurship is the process by which entrepreneurship manifests itself in organizations and translates into how “decision-makers manage both uncertainty and resources as the foundation for being able to position their firms to adapt to changes” ( Ireland and Webb, 2009: 470).
Jan 1, 2009 · This introduction provides the overview of the perspectives contained in strategic entrepreneurship and argues for the importance of embracing diverse views at this stage rather than attempting to restrict the analysis of this emerging topic. Get full access to this article. View all access and purchase options for this article. Get Access.
