I examine the impact of the 2010 AMR Decade Award article on the entrepreneurship field over the past ten years, identifying aspects of The Promise of Entrepreneurship as a Field of Research that have been largely accepted by the field, those that the field has challenged, and those that the field has found to be unclear. I also correct errors made in the earlier work and discuss how the field …
This article combines new and old institutionalism to explain differences in organizational strategies. We propose that differences in the influence of corporate departments lead their facilities to prioritize different external pressures and thus adopt different management practices. Specifically, we argue that external constituents - including customers, regulators, legislators, local communi…
This study examined the influence of genetic factors on the tendency to engage in entrepreneurship. We found that, in the particular sample we examined, between 37 and 42 percent of the variance in the tendency of people to engage in entrepreneurship is accounted for by genetic factors. A substantial part of this variance was mediated by the psychological trait of sensation seeking, suggesting …
Many prior researchers have criticized business planning, arguing that it interferes with the efforts of firm founders to undertake more valuable actions to develop their fledgling enterprises. In this paper, we challenge this negative view of business planning, arguing that business planning is an important precursor to action in new ventures. By helping firm founders to make decisions, to bal…