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This paper presents a theoretical framework that extends the benefits of some core elements of operations strategy to the field of entrepreneurship. We show that the field of operations strategy, with its predominant focus on fit among configuration, competencies, and logistics, offers valuable insights into many strategic and tactical challenges that entrepreneurs face as they try to create business models and enter new markets or establish footholds in existing, but well‐defended markets. It is our aim to highlight the need for future endeavors linking the two fields.

Harmonizing religion and economic pursuits is treacherous because mixing the two rarely resonate with consumers, often resulting consumers’ greed perceptions. This paper aims to explore the antecedents and consequence of consumers’ greed perceptions in the context of for-profit religious-affiliated companies (FPRCs) and how they can harmonize religious and commercial missions by using different ad types (direct vs indirect appeal).

The authors conducted two experiments: Study 1 was an online experiment with participants from the USA collected through Amazon’s Mechanical Turk (n = 410) to reveal the overall mechanism. Study 2 was a field experiment (n = 292) to corroborate Study 1’s findings. The authors analyzed the data using a multigroup structural equation model.

First, consumers perceive greed against FPRCs’ dual identities incurred by their commercial activities. Second, when FPRCs obscure their religious identities by using third-party organizations (TPOs) as its promoter (i.e. indirect appeal), consumers’ greed perceptions decline, but this does not increase consumers’ future patronage intentions. Finally, in online and field experiments, consumers enhance their purchase intentions and behavior, respectively, under indirect appeal.

First, further investigation of the cognitive dissonance mechanism when consumers face seemingly contradictory identities of organizations is crucial to identify bottlenecks in promoting FPRCs’ commercial offerings. Second, examining boundary conditions of indirect appeal is important to enhance our understanding of FPRCs’ advertising, such as consumers’ awareness of TPOs’ intentionality. Lastly, not every type of indirect appeal brings the same effects. Future studies may explore diverse forms of indirect appeal, such as using artificial intelligence-based algorithms without TPOs.

Despite heightened interest in supporting dual missions (i.e. purpose and profit), this study shows why doing well while doing good is inherently challenging in practice creating marketing liability. To deal with this, the present findings suggest that, first, rather than exposing an FPRC’s religious (or communal) identity upfront, providing subtle cues through a TPO of its religious affiliation can be persuasive to win the hearts of target customers. Second, given the short-term effectiveness of indirect appeal, FPRCs need to use both direct and indirect appeal flexibly, as each type of ad delivers a distinctive advantage. Lastly, indirect appeal is particularly effective in offline promotional activities in the context of FPRCs.

First, by meshing paradox theory, the authors show that dual identities of FPRCs expose them to a marketing liability that single-mission enterprises rarely face. Second, when FPRCs use indirect appeal, they face a tradeoff between mitigating greed perception and securing future patronage. Third, results from the online experiment and field experiment show when consumers’ intention and actual behavior align.

Shane and Venkataraman (2000) and Venkataraman (1997) suggest that the field of entrepreneurship seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences (italic added). Surprisingly and despite the fact that the person – the entrepreneur – is central to the creation of new ventures, entrepreneurship scholars are reluctant to explicitly include individual differences in formal models of new venture formation. For example, notwithstanding the important role that entrepreneurs play in forging new wealth and creating new jobs, research to identify cognitive processes, attitudes, behaviors, traits, or other characteristics that distinguish entrepreneurs from others who opt to work as employees remains somewhat marginal. Indeed, only very few studies on individual differences have been published in leading management journals. One possible explanation for this reluctance is that in the past researchers might have classified most individual differences as traits research and thus criticism spilled over to include all individual difference research, regardless of whether the focus was trait, cognitions, emotions, attitudes, behaviors, or other characteristics.

Entrepreneurship is a source of innovation, job creation, and vibrancy for local and regional economies. As a direct result, there is a profound interest in creating an infrastructure that effectively encourages entrepreneurship and incubates entrepreneurial endeavors. Western State University has responded to this call by developing the Harvey Entrepreneurship Program, which is integrated in the Enterprise Residential College.The Harvey program provides a socially embedded experiential learning approach to entrepreneurial education. Faculty, students, entrepreneurs, and technical experts are drawn together in an environment that provides space for business incubators and an entrepreneurially focused curriculum. In this article, we present a case study in which we use qualitative research methods to explore the benefits and challenges of creating such a program.The delivery model that Enterprise Residential College provides for entrepreneurial education is examined through the perspectives of program administrators, faculty, and students. The findings reveal evidence that a residential college can form a powerful nexus of formal instruction, experiential learning, socialization, and networking to influence entrepreneurship. We discuss relevant findings that may aid others considering similar endeavors.