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Book part
Publication date: 1 July 2005

Shaker A. Zahra and Bruce A. Kirchhoff

New ventures contribute to the competitiveness of the United States in global markets, creating jobs and wealth. Understandably, public policy makers and researchers alike have…

Abstract

New ventures contribute to the competitiveness of the United States in global markets, creating jobs and wealth. Understandably, public policy makers and researchers alike have shown an interest in understanding the factors that spur these ventures’ growth, which is also an important research issue in the field of entrepreneurship. Researchers have highlighted the role of owners’ needs and aspirations and industry conditions as determinants of new ventures’ growth. This study proposes that new ventures’ resource endowments influence their growth in domestic and international markets. Using the resource-based view (RBV) of the firm, the study examines the effect of select technological resources on the domestic and international sales growth of 419 new ventures. Start-ups (5 years or younger) benefit from using a different set of technological resources in achieving growth than those of adolescent firms (6–8 years old). These differences persist in low vs. high technology industries, reflecting the maturation of these ventures.

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Entrepreneurship
Type: Book
ISBN: 978-0-76231-191-0

Book part
Publication date: 12 January 2021

Daniel R. Clark and Jeffrey G. Covin

The literature on international entrepreneurship offers two competing views on why new ventures internationalize: (a) the nature of the opportunity pulls them international or (b…

Abstract

The literature on international entrepreneurship offers two competing views on why new ventures internationalize: (a) the nature of the opportunity pulls them international or (b) the founder pushes the firm international. While these two internationalization drivers are not independent, they do represent unique causal mechanisms. Previously, the tools available to understand the entrepreneur’s disposition toward internationalization were limited. The present study uses the theoretical foundation of the international entrepreneurial orientation construct and from it develops and tests an attitudinally-based individual-level measure of disposition toward internationalization. To ensure the validity and reliability of the new measure, termed International Entrepreneurial Orientation Disposition, studies were conducted to: develop new scale items, examine their psychometric properties and construct validity, and demonstrate criterion validity. A strong measurement model is developed using structural equation modeling (CFI = 0.93, RMSEA = 0.07), and the measure is shown to be useful as a predictor of perceived international venture attractiveness.

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Entrepreneurial Orientation: Epistemological, Theoretical, and Empirical Perspectives
Type: Book
ISBN: 978-1-83867-572-1

Keywords

Book part
Publication date: 14 September 2007

Martie-Louise Verreynne and Denny Meyer

Intrapreneurs are those employees who identify and pursue opportunities in a firm. By pursuing these opportunities with new products, services or processes, intrapreneurial…

Abstract

Intrapreneurs are those employees who identify and pursue opportunities in a firm. By pursuing these opportunities with new products, services or processes, intrapreneurial employees may influence the strategic direction of the firm, a process called intrapreneurial strategy-making. Little consideration has been given to how small firms may use this process to improve performance. To this end this paper describes the results of an empirical study conducted with 454 small firms. Analysis of the data indicates that intrapreneurial strategy-making has a significant positive relationship with firm performance, depending on the size of the firm, its organizational structure and the dynamism of the environment. It further shows that differentiation strategies may mediate this relationship.

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Entrepreneurial Strategic Processes
Type: Book
ISBN: 978-0-7623-1429-4

Book part
Publication date: 22 November 2018

Erik Monsen and Alan D. Boss

To innovatively address challenges faced by corporate entrepreneurship (CE) in this modern age of globalization and digitalization, this chapter takes a fresh look at questions of…

Abstract

To innovatively address challenges faced by corporate entrepreneurship (CE) in this modern age of globalization and digitalization, this chapter takes a fresh look at questions of learning and leadership from the perspective of organization development (OD), a field that has long studied questions of planned and emergent change. This alternate perspective adds to our knowledge and understanding of the role of individuals and teams in CE and presents opportunities to integrate learning and leadership. In particular, the OD literature provides us with multilevel measurement methods and tools to better analyze the employee and team level-of-analysis. As a result, these insights should enable us to better explain the interaction between CE strategic orientation and the performance of corporate venturing employees and teams, as well as the progress of organizational strategic renewal and market (re)creation efforts.

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The Challenges of Corporate Entrepreneurship in the Disruptive Age
Type: Book
ISBN: 978-1-78754-443-7

Keywords

Book part
Publication date: 10 June 2014

Abstract

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Practical and Theoretical Implications of Successfully Doing Difference in Organizations
Type: Book
ISBN: 978-1-78350-678-1

Book part
Publication date: 14 September 2007

G.T. Lumpkin and Jerome A. Katz

This tenth volume in the series Advances in Entrepreneurship, Firm Emergence, and Growth focuses on entrepreneurial strategic processes. Papers related to strategic processes in…

Abstract

This tenth volume in the series Advances in Entrepreneurship, Firm Emergence, and Growth focuses on entrepreneurial strategic processes. Papers related to strategic processes in entrepreneurship have been a recurring feature of the Advances series, starting with the second volume, which included Slevin and Covin's (1995) article of record on entrepreneurial strategic behavior, as well as process-related strategy articles by Carsrud and Kruerger (1995) and Bloodgood, Sapienza, and Carsrud (1995). Subsequent explorations included Volume 7's material on corporate entrepreneurship, Fernhaber and McDougall's (2005) work on strategic adaptation in Volume 8, as well as Salvato, Lassini, and Wiklund's (2006) acquisition process model and Samuelsson's innovative-imitative process comparison in Volume 9. Common to all of these has been the central intent of the strategy approach: the pursuit of organizational success.

Details

Entrepreneurial Strategic Processes
Type: Book
ISBN: 978-0-7623-1429-4

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