Corporate diversification, a major strategic management research topic, has been influenced significantly by resource-based theory. In this review, the authors make two main contributions to this literature. First, they discuss the historical development of corporate diversification research employing the resource-based theory perspective and related concepts, highlighting important insights to…
Opportunity is a central concept within the entrepreneurship field, and there is now a critical mass of literature centered on the concept. The authors seek to make two main contributions to this literature. First, we provide a detailed review of research on the opportunity concept and the processes surrounding it, highlighting extant insights and future needs. Second, we describe ways that the…
Social entrepreneurship has been a topic of academic inquiry for nearly 20 years, yet relatively little scholarly output has appeared in mainstream management and entrepreneurship journals. Our review of this literature reveals that conceptual articles outnumber empirical studies, and empirical efforts often lack formal hypotheses and rigorous methods. These findings suggest that social entrepr…
Our study extends a long-running debate into the domain of entrepreneurship by examining firm and industry effects on the performance of new ventures. We examine to what extent firm and industry levels explain sales, sales growth, and survival among 7,256 young Swedish firms over a five-year period, and compare these findings to a sample of 12,692 established firms. We found that the industry l…
Mission statements are an increasingly important component for accreditation of universities and colleges of business. Thus, understanding similarities and differences in the content of mission statements of business schools is especially timely. To provide insights concerning the use of missions in colleges of business, we analyzed the content of mission statements from 408 AACSB schools and e…
Organizational configurations are sets of firms that are similar in terms of important characteristics. This article is intended to help close three gaps in the literature on organizational configurations. First, the authors propose clear definitions that may facilitate progress in the literature. Second, they provide the first major review since 1993 of accomplishments and struggles within org…