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Entrepreneurship: Theory and Practice

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Practitioner commentary: moving from theory to practice in family business research.
This paper examines the papers presented at the 2007 Theories of Family Enterprise Conference for their applicability to practice and presents some ideas to make family business research more . . .

Commentary: the prequel to family firm culture and stewardship: the leadership perspective of the founder.
This commentary considers the role of the founder in establishing a family firm's culture. Drawing from transformational leadership theory, it is argued that a founder who displays . . .

Commentary: what were they thinking? The role of family firm mental models on threat recognition.
In this commentary, we extend Sirmon, Arregle, Hitt, and Webb's work in this issue by introducing shared mental models as antecedents of threat of imitability recognition and as moderators of the . . .

Toward a theoretical basis for understanding the dynamics of strategic performance in family firms.
An important distinction between family and nonfamily firms and among different types of family firms is the manner in which strategy is formulated and implemented. These differences in strategic . . .

Economic freedom and the motivation to engage in entrepreneurial action.
Using institutional theory, the Heritage Foundation/Wall Street Journal 2003 Index of Economic Freedom, and the 2002 Global Entrepreneurship Monitor, we regress . . .

Commentary and extension: moderating the outcome of identity confirmation in family firms.
In this commentary, I provide suggestions for further refining the way we view and apply the identity confirmation concept to family businesses. I distinguish different family types, such as the . . .

Commentary: the servant, the parasite, and the enigma: a tale of three ownership structures and their affiliate directors.
In private family firms, affiliate directors are largely resource-providing servants of the family. In nonfamily public firms with dispersed ownership, affiliates are, figuratively . . .

Commentary: familiness: capital stocks and flows between family and business.
Because constructs and variables are the building blocks of hypotheses and propositions, theorists must first evaluate them before analyzing the relational properties of theories. If they are . . .

Computable entrepreneurship.
The mathematics of "computable economics" proves that entrepreneurship policy is unlikely to succeed if it presumes policy makers can replace the unplanned results of the entrepreneurial . . .

Entrepreneurial policy: the case of regional specialization vs. spontaneous industrial diversity.
Regional economic development policy is recognized as a key tool governments use to foster economic prosperity. Whether specialization (or diversity) of economic activities should be a regional . . .

Examining the link between "familiness" and performance: can the F-PEC untangle the family business theory jungle?
Family business research appears to be caught in a "jungle" of competing theories in regards to familiness and performance. This study provides a further empirical examination into that . . .

Culture of family commitment and strategic flexibility: the moderating effect of stewardship.
The ability of family firms to identify and respond to changes in their external environments can be a key source of competitive advantage leading to success and survival. Some research, however, . . .

The role of family influence in firms' strategic responses to threat of imitation.
We integrate theory on the resource-based view and threat rigidity with family business research to explain the role family influence plays in responding to threats of imitation. As opposed to . . .

Management journals as venues for publication of family business research.
Based on the assessments of 40 prominent family business scholars, this study provides the first ranking of management journals as outlets for family business research. In all, 22 management . . .

Governance and the entrepreneurial economy: a comparative analysis of three regions.
The increasing number of regional concentrations of entrepreneurial activities and the shift of government--business relations to regional contexts have rendered regional governance arrangements of . . .

Unleashing the relationship power of family firms: identity confirmation as a catalyst for performance.
This paper adopts a broad perspective on identity and identity relations and argues that family businesses can develop identity confirmation as a unique, hard to imitate competitive resource . . .

Affiliate directors and perceived risk bearing in publicly traded, family-controlled firms: the case of diversification.
The present study examines the influence exerted by affiliate directors in the diversification decisions of family-controlled, publicly traded firms. Using a relational view based on the . . .

Toward a theory of familiness: a social capital perspective.
In the search for ways in which the family firm context is unique to organizational science, the construct of "familiness" has been identified and defined as resources and capabilities that . . .

The impact of economic integration on cross-border venture capital investments: evidence from the European Union.
Despite major policies surrounding economic integration among countries (e.g., the European Union [EU], North Atlantic Free Trade Area, and Mercosur), the theoretical and empirical research . . .

Innovation policy and nanotechnology entrepreneurship.
In this article, we explore the relationship between innovation policy and new venture creation in the United States. Specifically, we examine two components of innovation policy in . . .

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