publication . Article . Other literature type . 2003

A Model of Strategic Entrepreneurship: The Construct and its Dimensions

Ireland, R. D.; Hitt, M. A.; Sirmon, D. G.;
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  • Published: 01 Dec 2003 Journal: Journal of Management, volume 29, pages 963-989 (issn: 0149-2063, Copyright policy)
  • Publisher: Oxford University Press (OUP)
Abstract
Strategic entrepreneurship (SE) involves simultaneous opportunity-seeking and advantage-seeking behaviors and results in superior firm performance. On a relative basis, small, entrepreneurial ventures are effective in identifying opportunities but are less successful in developing competitive advantages needed to appropriate value from those opportunities. In contrast, large, established firms often are relatively more effective in establishing competitive advantages but are less able to identify new opportunities. We argue that SE is a unique, distinctive construct through which firms are able to create wealth. An entrepreneurial mindset, an entrepreneurial cul...
Subjects
free text keywords: Strategy and Management, Finance, Entrepreneurship, Knowledge management, business.industry, business, Mindset, Psychology, Management, Entrepreneurial culture, Strategic management, Resource management, Management science, Competitive advantage, Creativity, media_common.quotation_subject, media_common, Entrepreneurial leadership
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publication . Article . Other literature type . 2003

A Model of Strategic Entrepreneurship: The Construct and its Dimensions

Ireland, R. D.; Hitt, M. A.; Sirmon, D. G.;