Entrepreneurship & Strategy IG

Strategic Responses to Crisis

A Virtual Special Issue edited by Matthias Wenzel, Sarah Stanske, and Marvin Lieberman Currently, the pandemic crisis is affecting the lives of people and organizations around the world. As the…

Fear vs. Hope: Which is Stronger in Venture Termination/Escalation Decisions?

by Laura Gasiorowski The authors use a longitudinal simulation design in which debt and loss increase over time. They find that group hope and its effect on escalating commitment trumps…

Directed by Words: How Entrepreneurs Rely on Salient Frames to Devise a Market Entry Strategy

by Kisha Lashley Language is powerful; scholars have shown that organizations rely on language to guide stakeholder interpretations to create value for the focal firm. For example, entrepreneurial firms can…

Searching for a Strategy but Afraid of Commitment: Reflections on ‘Foundations of Entrepreneurial Strategy’ by Gans, Stern, and Wu (2019)

by David Clough In the current issue of Strategic Management Journal, Joshua Gans, Scott Stern, and Jane Wu put forward a theory that revisits a foundational question of entrepreneurial strategy:…

Reflections on Hannah and Eisenhardt’s “How Firms Navigate Cooperation and Competition in Nascent Ecosystems”: Exploring Bottlenecks as a Central Concept in Innovation Ecosystem Theory

by David Clough Industries in an early phase of emergence are steeped with uncertainty. When this is combined with a complex, novel technology, managers face a deeply challenging environment in…

Research Chatter 3: Can Big Companies Succeed as Venture Capitalists?

by Charlie Williams This month we meet up in person at the SMS conference in Denver. In our free-wheeling, face to face discussion we talk about research on corporate…

Research Chatter 1: Venture Accelerators

by Aija Leiponen We discuss the latest research on seed accelerators for new founding teams. What are they? Do they actually accelerate new ventures? What are researchers finding about how…