International Journal of Education and Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Strategic Entrepreneurship:A Literature Review Study


Affiliations
1 IILM Institute for Higher Education, New Delhi, India
     

   Subscribe/Renew Journal


Entrepreneurship is being presented as highly effective instrument for economic development of nations and hence lies at the core of any economy be that developing or developed. Considering present day scenario of high complexity, dynamism, entrepreneurship alone canjust not help. It has to be used along with strategic management to get the most out of the opportunities available. This leads to the creation of a new field of study strategic entrepreneurship. It not only helps firms to create wealth, enhance shareholders value, provide it with a sustainable competitive advantage but also leads to the economic development of the nations. This paper aims to study strategic entrepreneurship in light of the various studies that have been conducted so far since the inception of this concept in the year 2001. The review suggests that most of the studies in this domain have been mostly conducted in developed nations and least in developing and under developed ones. Also most of the studies have not been able to take any complete stand on what constitutes it and what not. But most important ones considered include: entrepreneurial culture, entrepreneurial mind set, entrepreneurial leadership and strategic management of resources.

Keywords

Strategic Entrepreneurship, Review, Strategic Management, Entrepreneurship.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Agarwal, R., Audretsch, D., & Sarkar, M. (2010). Knowledge spillovers and strategic entrepreneurship. Strategic Entrepreneurship Journal, 4, 271-283.

  • Ahuja, G., & Lampert, C.M. (2001). Entrepreneurship in the large corporation: A longitudinal study of how established firms create breakthrough inventions. Strategic Management Journal, 22(6-1), 521-543.

  • Altuntas, G., & Donmez, D. (2014). The relationship between entrepreneurial orientation and organizational performance: Evidence from the hotel industry in Qanakkale region. Istanbul University Journal of the School of Business, 39(1), 5074.

  • Anderson, S. (2003). The entrepreneurs' influence on firm's international strategy. Entrepreneurship, Innovation and Large and Small Business Marketing Track; 7(3), 919-927.

  • Anderson, S., Covin, G., & Slevin, P. (2009). Understanding the relationship between entrepreneurial orientation and strategic learning capability: An empirical investigation. Strategic Entrepreneurship Journal, 3 ,218-240.

  • Baumol, W. J. (1993). Formal entrepreneurship theory in economics: Existence and bounds. Journal of Business Venturing, 8(3), 197-210.

  • Bjomskov, C., & Foss, N. (2013). How strategic entrepreneurship and institutional context drive economic growth. Strategic Entrepreneurship Journal, 7(1), 50-69.

  • Boohene, R. (2018). Entrepreneurial orientation, strategic orientation and performance of small family firms in the Kumasi metropolis. Academy of Entrepreneurship Journal, 24, 327-348.

  • Bruton, D.,Filatotchev, I., Si, S., & Wright, M. (2013). Entrepreneurship and strategy in emerging economies. Strategic Entrepreneurship Journal, 7 ,169-180.

  • Carlback, M. (2012). Strategic entrepreneurship in the hotel industry: The role of chain affiliation. Scandinavian Journal of Hospitality and Tourism, 72(4), 349-372.

  • Companys, Y. E., & McMullen, J. S. (2007). Strategic entrepreneurs at work: The nature, discovery, and exploitation of entrepreneurial opportunities. Small Business Economics, 28(4), 301-322.

  • Demil, B., Lecocq, X., Ricart, J. E., & Zott, C. (2015). Introduction to the SEJ special issue on business models: Business models within the domain of strategic entrepreneurship. Strategic Entrepreneurship Journal, 9(1), 1-11.

  • Djordjevic, B. (2013). Strategic entrepreneurship: Issues and challenges. Mediterranean Journal of Social Sciences, 4(1), 155-163.

  • Dogan, N. (2015). The intersection of entrepreneurship and strategic management: Strategic entrepreneurship. Procedia-Social and Behavioral Sciences, 195, 12881294.

  • Folta, B. (2014). A model scholar and preeminent contributor to our understanding of Strategic Entrepreneurship: Arnold C. Cooper (1933-2012). Strategic Entrepreneurship Journal, 8(3), 349-360.

  • Foss, N., & Lyngsie, J. (2011). The Emerging strategic entrepreneurship field: Origins, key tenets, and research gaps. In D. Hjorth (Ed.), Handbook of organizational entrepreneurship (pp. 1-24). Edward Elgar.

  • Gartner, W. B. (1985). A conceptual framework for describing the phenomenon of new venture creation. Academy of Management Review, 70(4), 696-706.

  • Gelard, P., & Ghazi, E. (2014). Strategic entrepreneurship element from theory to practice. International Journal of Business and Technopreneurship, 4(2), 205-219.

  • Gupta, V., Rohmetra, N., & Sharma, D. (2002). Entrepreneurial strategy: The case of Jammu and Kashmir. Global Business Review, 3(1), 123-138.

  • Harms, R., Walsh, S., & Groen, A. (2012). The strategic entrepreneurship process new avenues for research. International Journal of Entrepreneurial Behaviour and Research, 18(2), 1-1.

  • Hawley, F. B.(1901). Final objections to the risk theory of profit: A reply. The Quarterly Journal of Economics, 15(A), 603-620.

  • Hitt, M.A., Ireland, R.D., Camp, S.M., & Sexton, D.L. (2002). Strategic entrepreneurship: Integrating entrepreneurial and strategic management perspectives. In M.A. Hitt, R.D. Ireland, S.M. Camp, and D.L. Sexton (Eds.), Strategic entrepreneurship: Creating anew mindset (pp. 1-16). Oxford: Blackwell.

  • Hitt, M., Ireland, D., Camp, M., & Sexton, D. (2001). Strategic entrepreneurship: entrepreneurial strategies for wealth creation. Strategic Management Journal, 22, 479-491.

  • Hitt, M., Ireland, R., Sirmon, D., & Trahms, C. (2012). Strategic entrepreneurship: Creating value for individuals, organisation and the society. Academy of Management Perspectives, Research Paper no, 19,51-16.

  • Ireland, D. (2007). Strategy vs. entrepreneurship. Strategic EntrepreneurshipJournal, 1, 1 - 10.

  • Ireland, D., Covin, J., & Kuratko, D. (2009). Conceptualizing corporate entrepreneurship strategy. Entrepreneurship Theory and Practice, 55(1), 19-47.

  • Ireland, D., Hitt, M., & Sirmon, D. (2003). The model of strategic entrepreneurship: The construct and its dimensions. Journal of Management, 29(6), 963-989.

  • Kansikas, J., Laakkonen, A., Sarpo, V., & Kontinen, T. (2012). Entrepreneurial leadership and familiness as resources for strategic entrepreneurship. International Journal of Entrepreneurial Behaviour and Research, 18(2), 141-158.

  • Kantur, D. (2016). Strategic entrepreneurship: Mediating the entrepreneurial orientation-performance link. Management Decision, 54(), 24- 43.

  • Katila, R., Chen, E., & Piezunka, H. (2012). All the right moves: How the entrepreneurial firms compete successfully. Strategic Entrepreneurship Journal, 6, 116-132.

  • Ketchen, D., Ireland, R , & Snow, C. (2007). Strategic entrepreneurship, collaborative innovation and wealth creation. Strategic Entrepreneurship Journal, 7,371-385.

  • Kimuli, S. (2006). Strategic entrepreneurship and performance of selected private secondary schools in Wakiso district. Makerere University Business School, dissertation.

  • Klein, G., Mahoney, T., Mcgahan, M., & Pitelis, N. (2013). Capabilities and strategic entrepreneurship in public organizations. Strategic Entrepreneurship Journal, 7, 7091.

  • Klein, P., Barney, J., & Foss, N. (2012). Strategic entrepreneurship. Encyclopedia of Management Theory, pp. 1-11.

  • Kraus, S., & Kauranen, I. (2009). Strategic management and entrepreneurship: Friends or foes? InternationalJournal of Business Science and Applied Management, 4(), 38-50.

  • Kuratko, D., &Audretsch, B. (2009). Strategic entrepreneurship: Exploring different perspectives of an emerging concept. Entrepreneurship ’Theory and Practice, 55(1), 17.

  • Kyrgidou, L. P., & Hughes, M. (2010). Strategic entrepreneurship: Origins, core elements and research directions. European Business Review, -22(1), 43 -63.

  • Lassen, A. (2007). Corporate entrepreneurship: An empirical study ofthe importance of the strategic considerations in the creation of radical innovation. Managing Global Transitions, 5(2), 109-131.

  • Levie, G., & Autio, E. (2011). Regulatory burden. Rule of law and entry of strategic entrepreneurs: An international panel study. Journal of Management Studies, 48(6), 1392-1419.

  • Luke, B., Kearins, K., & Vereynne, M. (2011). Developing a conceptual framework of strategic entrepreneurship. International Journal of Entrepreneurial Behaviour and Research, 77(3), 314-337.

  • Lumpkin, G., Steier, L., & Wright, M. (2011). Strategic entrepreneurship in family business. Strategic Entrepreneurship Journal, 5(4), 285-306.

  • Majumdar, S., & Varadarajan, D. (2013). Students' attitude towards entrepreneurship: Does gender matter in the UAE? Foresight, 75(4), 278-293.

  • Malo, M., Martinez, I., & Vezina, M. (2012). A conceptualization of women's collective entrepreneurship: From strategic perspectives to public policies. International Studies in Entrepreneurship, 1000,211-224.

  • McKenny, A. F., Short, J. C , Ketchen, Jr.D. J., Payne, G. T, & Moss, T. W. (2018). Strategic entrepreneurial orientation: Configurations, performance, and the effects of industry and time. Strategic Entrepreneurship Journal, 12(4), 504-521.

  • Meyer, D. (2009). Commentary on the integration of strategic management and entrepreneurship: Views of a contrarian. Entrepreneurship Theory and Practice, 55(1),341-351.

  • Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29(1), 770-791.

  • Monsen, E., & Boss, R. (2009). The impact of strategic entrepreneurship inside the organisation: Examining job stress and employee retention. Entrepreneurship Theory and Practice, 55(1)71-104.

  • Odame, M. (2007). The relevance of strategicplanningfor entrepreneurial businesses in SouthAfrica (Doctoral dissertation, University of Pretoria).

  • Ogunsiji, S., & Ladanu, W. (2017). A theoretical study of performance measures in the strategic and corporate entrepreneurship of firms. International Journal of Life Sciences, 7(1),49-57.

  • Petheo, A., & Szabo, R. Z. (2010). Entrepreneurial behavior on the edge: Key Strategic Factors that can Save Youfrom Crises, scholar.google.co.in > citations

  • Ramachandran, J., Mukherji, S., & Sud, M. (2006). Intemationalizationfrom e-merging economies: Evidence of strategic entrepreneurship. Retrieved January 23, 2017, fromhttps://papers.ssm.com/sol3/papers.cfm?abstract_id=2147677.

  • Rezaian, A., & Naeiji, M. (2012). Strategic entrepreneurship and intellectual capital as determinants of organisational performance: Empirical evidence from Iran steel industry. Journal ofGlobal Entrepreneurship and Research, 2(1), 4-16.

  • Rumelt, R. (2005). Theory, strategy and entrepreneurship. In D.J. Teece (Eds.), The competitive challenge. Massachusetts, USA: Cambridge, MA: Ballinger publisher.

  • Scheepers, M. (2012). Antecedents of strategic corporate entrepreneurship. European Business Review, 24(5), 400-424.

  • Schulze, W. (2007). Networks and strategic entrepreneurship comments on comparing alliance network structure across industries: Observations and explanations and strategic networks and entrepreneurial ventures. Strategic Entrepreneurship Journal, 7,229-231.

  • Schumpeter, J. A. (1934). The theory of economic development. Cambridge, USA: Harvard University Press.

  • Shirokova, G., Vega, G., & Sokolova, L. (2013). Performance of Russian SMEs: exploration, exploitation and strategic entrepreneurship. Critical Perspectives on International Business, 9(1), 173-203.

  • Shu, C., De Clercq, D., Zhou, Y., & Liu, C. (2019). Government institutional support, entrepreneurial orientation, strategic renewal, and firm performance in transitional China. International Journal of Entrepreneurial Behavior and Research, 25(3), 433456.

  • Siren, C., Kohtamaki, M., & Kuckertz, A. (2012). Exploration and exploitation strategies, profit performance and the mediating role of strategic learning: Escaping the exploitation trap. Strategic Entrepreneurship Journal, 6, 18-41.

  • Tan, J. (2002). Culture, nation and entrepreneurial strategic orientations: Implications for an emerging economy. Entrepreneurship ’Theory and Practice, 2(4), 95-111.

  • Tasic, I., & Andreassi, T. (2008). Strategy and uncertainty: Decision and creation under uncertainty. Journal of International Conference of theProduction and Operations Management Society, 7(1), 12-23.

  • Thoumrungroje, A., & Tansuhai, P. (2005). Entrepreneurial strategic posture, international diversification, and firm performance. Multinational Business Re-view, 75(1),55-73.

  • Venkataraman, S., & Sarasvathy, S. (2001). Strategy ad entrepreneurship: Outlines of an untold story. In M.A. Hitt, R.E. Freeman, and J.S. Harrison (Eds.), The Blackwell handbook ofstrategic management (pp. 650-668). Oxford: Blackwell.

  • Wilden, R , Gudergan, S. P., Nielsen, B. B., & Lings, I. (2009). Dynamic capabilities and performance: Strategy, structure and environment. Long Range Planning, 46(1), 7296.

  • Yiu, W., Hoskisson, E., Bruton, D., & Lu, Y. (2014). Duelling institutional logics and the effect on strategic entrepreneurship in Chinese business groups. Strategic Entrepreneurship Journal, 8, 195-213.

  • Zahra, S. A. (1991). Predictors and financial outcomes of corporate entrepreneurship: An exploratory study. .Journal of Business Venturing, 6(4), 259-285.


Abstract Views: 278

PDF Views: 0




  • Strategic Entrepreneurship:A Literature Review Study

Abstract Views: 278  |  PDF Views: 0

Authors

Sumaira Jan
IILM Institute for Higher Education, New Delhi, India

Abstract


Entrepreneurship is being presented as highly effective instrument for economic development of nations and hence lies at the core of any economy be that developing or developed. Considering present day scenario of high complexity, dynamism, entrepreneurship alone canjust not help. It has to be used along with strategic management to get the most out of the opportunities available. This leads to the creation of a new field of study strategic entrepreneurship. It not only helps firms to create wealth, enhance shareholders value, provide it with a sustainable competitive advantage but also leads to the economic development of the nations. This paper aims to study strategic entrepreneurship in light of the various studies that have been conducted so far since the inception of this concept in the year 2001. The review suggests that most of the studies in this domain have been mostly conducted in developed nations and least in developing and under developed ones. Also most of the studies have not been able to take any complete stand on what constitutes it and what not. But most important ones considered include: entrepreneurial culture, entrepreneurial mind set, entrepreneurial leadership and strategic management of resources.

Keywords


Strategic Entrepreneurship, Review, Strategic Management, Entrepreneurship.

References