Entrepreneurship
Has the entrepreneurial journey remained unchanged over the past decades? And if there have been substantive changes, what are they? And what are their implications? These are critical questions that…
Read MoreVentures operating under uncertainty face challenges defining a sustainable value proposition. Six longitudinal case studies reveal two approaches to business model development: focused commitment and simultaneous experimentation. While focused commitment…
Read MoreEntrepreneurial actions can be based on one of two behavioral logics: causation (rigorous forward-looking analysis, relying on well-prepared plans, pre-defined goals, and required resources) or effectuation (leveraging the existing resources…
Read MoreThe role of founders and founder competences is critical as firms progress along their life cycles, whereby founders face decisions about which tasks deserve their attention and which ones they…
Read MoreWe study the emergence of organizational forms, focusing on two mechanisms—reconfiguration and transposition—that distinguish the founding models of the first 26 biotechnology companies, all created in the industry’s first decade,…
Read MorePatents are essential to high-tech businesses, helping them to secure funding and exclude competitors from the marketplace. We evaluate a USPTO pilot program that allowed patent applicants to accelerate patent…
Read MoreInstitutional environments influence the effectiveness of entrepreneurial strategies. How should entrepreneurs adopt different strategies at different stages of an institutional change? We tackle this question by examining China’s transition from…
Read MoreIan C. MacMillan, originally from Africa, is a seminal figure in forging the contours of the present-day field of entrepreneurship. He was the first to empirically explore topics such as…
Read MoreLearning from negative outcomes is of fundamental interest to scholars. Yet most research in this area explores learning from actual outcomes. By contrast, we add to the literature by setting…
Read MoreWe study the causes and consequences of the replacement of founder-CEOs in a sample of 4,172 Danish start-ups. We propose that founder-CEO replacement is driven in part by mismatches between…
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