Session Details: Session 1099

Entrepreneurship Theory: Emerging Views

Track K

Date: Wednesday, October 15, 2008

 

Time: 11:30 – 12:45

Common Ground

Room: Salon 19


Facilitator:
Giovanni Battista Dagnino, University of Catania

Title: Entrepreneurial Actions versus Institutions: Market Discourse and the Market Process

Authors

  • R. Scott Livengood, Ohio State University

Abstract: Entrepreneurial actions, such as new product introductions, new market entry, etc., infuse new information and drive the market process by moving the market either toward or away from existing institutional conditions. Actions that disrupt institutions cause socio-cognitive conflict for market participants, who engage in discourse as expressions of opinion and sensemaking activities to reduce this conflict and eventually either accept or reject the new action, which is essentially the market process. However, little is known regarding the impact of entrepreneurial actions and the process of how market discourse moves the market. Using Social Information Processing Theory, I explore how discourse among market participants moves the market, which has implications for industry evolution, competitive dynamics, firm strategy, and performance.

Title: Entrepreneurship as a Subject, Object and Process of Action

Authors

  • Ioannis Katsikis, Athens University of Economics & Business
  • Lida P Kyrgidou, International Hellenic University

Abstract: Several forms of entrepreneurship have developed, beyond the traditional business oriented, referring to strategic, social, environmental, entrepreneurship, etc. Each notion pertains to a particular subject, objective or process as defined by its distinctive determining character. In this paper we map and categorize the different approaches that compose the corpus of entrepreneurship research in three categorizes, based on whether they view entrepreneurship as a subject (institutional, public entrepreneurship, intrapreneurship), objective (strategic, responsible, distributed entrepreneurship) or process (environmental-ecological, social, sustainable, philanthropic entrepreneurship). Our analysis provides a comprehensive overview in terms of definitions, targets and contributors of the respective fields. This unveils the core of entrepreneurship, guiding future research and addressing modern business issues.

Title: Opportunities, Knowledge, and Organization

Authors

  • Sharon Alvarez, University of Denver
  • Jay Barney, University of Utah

Abstract: Three types of opportunities have been identified in the literature, recognition, discovery, and creation. While all these opportunities can be exploited to generate economic profits, they vary along several important dimensions (Alvarez and Barney, 2007; Miller, 2007). One of the most important of these dimensions is the kind and amount of knowledge that entrepreneurs have about these opportunities before they exploit them. The differences in the assembly and coordination of knowledge resources, lead to heterogeneous organizations.

Title: The Nature of Talent

Authors

  • Ilgaz Arikan, Kent State University
  • David Croson, Southern Methodist University

Abstract: In an exchange where resources and capabilities are embedded on an individual in the form of talent and know-how, one would expect the talent holder to extract all economic rents that accrue to such factors of production after the costs of creating value is extracted. If the talent holder for some reason gives up the right to residual claims of the productive capabilities of such owned resources and capabilities this posits the coordination problem. We have modeled and empirically tested this exchange. First we demonstrate the decision criteria and inflection points when a talent holder decides to quit and start a company. We contrast such decisions in actual practice. Contrary to “overconfidence” arguments, we find the decision to become an entrepreneur rests on other considerations.

Title: The Organizational Ambiente and the Very Nature of the Firm: Connecting Entrepreneurship and Competence Research

Authors

  • Joerg Freiling, University of Bremen
  • Martin Gersch, Free University of Berlin
  • Christian Goeke, Free University of Berlin

Abstract: Why do firms exist and why do entrepreneurs need firms? The typical reasoning of e.g. the New Institutional Economics is that firms are indispensable institutional designs in order to overcome the problems of uncertainty in connection with opportunistic behavior. The reasoning of this paper goes beyond the opportunism argument. We argue that firms are not only a response to unfortunate developments in the context of uncertainty but represent at the same time a fertile background for any kind of resource and competence building as well as superior knowledge generation and transfer. It is argued that firms are equipped with a so-called ‘organizational ambiente’ which facilitates coordination and motivation in firms. This ambiance is introduced against the background of the competence-based theory of the firm.

All Sessions in Track K...

Sun: 10:00 – 11:30
Session 1507: Strategic Entrepreneurship Journal and its Relation to Entrepreneurship and Strategy
Sun: 13:00 – 14:30
Session 1607: University Entrepreneurship
Mon: 11:15 – 12:30
Session 1080: Ready, Set, GO! Launch Strategy and Performance
Session 1082: Corporate Venture Capital
Mon: 15:30 – 16:45
Session 1085: Small Firm Strategy
Mon: 17:00 – 18:15
Session 1079: Entrepreneurship in Context: International and Institutional Influences
Tue: 11:15 – 12:30
Session 1078: Entrepreneurial Orientation
Session 1083: IPOs: Causes and Consequences
Tue: 14:30 – 15:45
Session 1094: Learning and Performace in New Ventures
Wed: 10:00 – 11:15
Session 1087: Networks and New Ventures
Session 1097: Raising Capital - Risky Business!
Wed: 11:30 – 12:45
Session 1081: Venture Capital Investment: Worth the price?
Session 1099: Entrepreneurship Theory: Emerging Views


Strategic Management Society

Cologne Conference