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Existing theory describes how family firms utilize a unique socioemotional reference point to frame strategic decision making, but scholars have not fully considered family-level strategy or change...

Firms use reference points to evaluate financial performance, frame gain or loss positions, and guide strategic behavior. However, there is little theoretical underpinning to explain how social per...

Recent scholarly work on necessity entrepreneurship has highlighted shortcomings in theoretical development underlying the construct and, by extension, limitations in our understanding of the behav...

Contexts dominated by informality are often characterized by their perceived deficiencies, as “institutional voids” lacking legal rules of the game that would otherwise allow inhabitant entrepreneu...

Drawing on social identity theory, we explore the respective roles of social identity and status in the initiation and diffusion of entrepreneurial entry, as a social identity- and status-negotiati...

Integrating organizational conflict and upper echelon theory, this paper develops a conceptual model to examine how team diversity contributes to performance in nascent entrepreneurial firms. We hy...

New venture boundary decisions are less concerned with an efficient allocation of assembled resources and more with assembling resources to create value. We draw on and extend resource management m...

Firms in impoverished settings exist largely outside of formal institutional boundaries; however, they are not void of institutional influence. We shed light on one of the most fundamental institutions, which we suggest governs much of economic activity in impoverished contexts: the family. We integrate institutional and resource-based theories to explicate the role of the family in impoverished business activity. We develop theory to explain how the family constrains entrepreneurial behavior through pressure to conform to accepted norms, yet enhances business performance through the provision of critical resources. We test our hypotheses using a unique sample of households and firms in Indian slums. Our paper contributes by developing theory on the role of informal institutions (the family) in business activity and providing a preliminary investigation into factors that may influence firm success in impoverished settings.

While it is taken for granted that the work Edith Penrose has been influential in the development of the resource-based theory (RBT) of strategic management, this relationship has not subject to su...

Resources outside of the boundaries of a firm are increasingly accessed and leveraged for growth, but this has been largely unaccounted for in theoretical development. We draw on Penrose’s Theory o...

Employing resource-based theory, we address the family’s provision of human capital to firms within the family by examining the impact of family human capital breadth (heterogeneity) and depth (bus...

Organizational size is an important factor contributing to the heterogeneous nature of corporate entrepreneurship (CE). We focus on explicating size-based differences in CE and integrating them into new theoretical development. Through a search of the contemporary CE literature, we argue that there has been a tendency toward examining CE dimensions within the context of large public firms, even though they represent a relatively small proportion of the firms that engage in CE activities. Drawing on resource-based theorizing, we identify how size confers CE competitive advantages via slack resources and resource structuring processes, but disadvantages via bureaucratic structures and resource bundling. Aware of these weaknesses, we suggest that small firms are more likely to utilize CE for growth to overcome liabilities of smallness, while large firms are more likely to utilize CE for learning to overcome liabilities of inertia. We thereby provide greater specificity to CE research and stimulate new theoretical development with a forward-looking CE research agenda that incorporates the role of organizational size.