Schumpeter’s and Kirzner’s Entrepreneur Reconsidered: Corporate Entrepreneurship, Subjectivism and the Need for a Theory of the Firm

2013 ◽  
Author(s):  
Wolfgang Gick
Keyword(s):  
Theory Of The Firm ◽  
Corporate Entrepreneurship

Conceptualizing Corporate Entrepreneurship Capability and Its Linkages Towards Firm Performance

2020 ◽  
pp. 1771-1796
Author(s):  
Rohit Kumar ◽  
Amit Kumar
Keyword(s):  
Firm Performance ◽  
Business Model ◽  
Empirical Studies ◽  
Theory Of The Firm ◽  
Corporate Entrepreneurship ◽  
Business Model Innovation ◽  
Exploration And Exploitation ◽  
Organizational Capability ◽  
Theoretical Contribution ◽  
Resource Based Theory

The practices facilitating Corporate Entrepreneurship Capability (CEC), an intangible organizational capability embedded in an enterprise's culture are particularly important to innovation. The existing literature suggest the important of combining practices, however, there is a distinct lack of theoretical as well as empirical studies that have explored how these practices work together to promote and facilitate CEC. While different alternatives to realize the simultaneous reconciliation of exploration and exploitation have been proposed, how organizations build CEC is not fully understood. In this chapter, the authors first define CEC and then explain its relationship with Business Model Innovation (BMI), Innovation Ambidexterity (IA) and firm performance. The chapter is a theoretical contribution and builds on the Schumpeter view on entrepreneurship and innovation, resource-based theory of the firm and corporate entrepreneurship literature. The authors have suggested alternate contingency models for testing relationships among CEC, BMI, IA and Firm Performance.

Conceptualizing Corporate Entrepreneurship Capability and Its Linkages Towards Firm Performance

2020 ◽  
pp. 214-239
Author(s):  
Rohit Kumar ◽  
Amit Kumar
Keyword(s):  
Firm Performance ◽  
Business Model ◽  
Empirical Studies ◽  
Theory Of The Firm ◽  
Corporate Entrepreneurship ◽  
Business Model Innovation ◽  
Exploration And Exploitation ◽  
Organizational Capability ◽  
Theoretical Contribution ◽  
Resource Based Theory

The practices facilitating Corporate Entrepreneurship Capability (CEC), an intangible organizational capability embedded in an enterprise's culture are particularly important to innovation. The existing literature suggest the important of combining practices, however, there is a distinct lack of theoretical as well as empirical studies that have explored how these practices work together to promote and facilitate CEC. While different alternatives to realize the simultaneous reconciliation of exploration and exploitation have been proposed, how organizations build CEC is not fully understood. In this chapter, the authors first define CEC and then explain its relationship with Business Model Innovation (BMI), Innovation Ambidexterity (IA) and firm performance. The chapter is a theoretical contribution and builds on the Schumpeter view on entrepreneurship and innovation, resource-based theory of the firm and corporate entrepreneurship literature. The authors have suggested alternate contingency models for testing relationships among CEC, BMI, IA and Firm Performance.

Socio Technical Systems of a Company: The Dimensionality of Socio Technical Systems

2018 ◽  
Vol 11 (1) ◽  
Author(s):  
Lakshmaiah Botla ◽  
Harigopal Karaca
Keyword(s):  
Theory Of The Firm ◽  
Transformational Change ◽  
Corporate Entrepreneurship ◽  
Exploratory Research ◽  
Work Systems ◽  
Four Dimensions ◽  
Technical Systems ◽  
Institute Of Technology ◽  
A Company ◽  
Global Conference

Socio technical systems (STS) are to be designed as agile work systems that respond to environmental challenges and at the same time institutionalize organizational core functions that enable to create and sustain value in an organization. STS should spread its wings to institutionalize these functions/dimensions and provide cohesiveness among them to become adaptable to the demands of organization and environment simultaneously. The four dimensions of STS uncovered based on 'Human Goals Based Theory of the Firm (HGBTF)' are knowledge management, competitiveness, corporate entrepreneurship and HRM Practices. The exploratory research suggests that companies should develop and deploy STS to institutionalize these four dimensions for continuous learning, enhanced value proposition, consistent innovation, and employee development. Hence, all the successful companies consider STS as an organizational goal for holistic development, sustainability, and transformational change of organization. This article is a revised and expanded version of a paper entitled 'Socio Technical Systems of a Company: The Dimensionality of Socio Technical Systems', presentedatFifteenth Global Conference on Flexible Systems Management, Symbiosis Institute of Technology (SIT), Pune, India, Oct 23-25, 2015

Conceptualizing Corporate Entrepreneurship Capability and Its Linkages Towards Firm Performance

2018 ◽  
pp. 12-36
Author(s):  
Rohit Kumar ◽  
Amit Kumar
Keyword(s):  
Firm Performance ◽  
Business Model ◽  
Empirical Studies ◽  
Theory Of The Firm ◽  
Corporate Entrepreneurship ◽  
Business Model Innovation ◽  
Exploration And Exploitation ◽  
Organizational Capability ◽  
Theoretical Contribution ◽  
Resource Based Theory

The practices facilitating Corporate Entrepreneurship Capability (CEC), an intangible organizational capability embedded in an enterprise's culture are particularly important to innovation. The existing literature suggest the important of combining practices, however, there is a distinct lack of theoretical as well as empirical studies that have explored how these practices work together to promote and facilitate CEC. While different alternatives to realize the simultaneous reconciliation of exploration and exploitation have been proposed, how organizations build CEC is not fully understood. In this chapter, the authors first define CEC and then explain its relationship with Business Model Innovation (BMI), Innovation Ambidexterity (IA) and firm performance. The chapter is a theoretical contribution and builds on the Schumpeter view on entrepreneurship and innovation, resource-based theory of the firm and corporate entrepreneurship literature. The authors have suggested alternate contingency models for testing relationships among CEC, BMI, IA and Firm Performance.

Corporate Entrepreneurship

2003 ◽  
Author(s):  
Vijay Sathe ◽  
Peter F. Drucker
Keyword(s):  
Corporate Entrepreneurship

Vertical Restrictions: Development of Theory, Antitrust Legislation and Enforcement

2010 ◽  
pp. 110-122 ◽  
Author(s):  
S. Avdasheva ◽  
N. Dzagurova
Keyword(s):  
Institutional Theory ◽  
Institutional Economics ◽  
Theory Of The Firm ◽  
New Institutional Economics ◽  
Hierarchical Organization ◽  
Vertical Restraints ◽  
New Institutional Theory ◽  
Antitrust Laws ◽  
Antitrust Legislation ◽  
Market Organization

The article examines the interpretation of vertical restraints in Chicago, post-Chicago and New Institutional Economics approaches, as well as the reflection of these approaches in the application of antitrust laws. The main difference between neoclassical and new institutional analysis of vertical restraints is that the former compares the results of their use with market organization outcomes, and assesses mainly horizontal effects, while the latter focuses on the analysis of vertical effects, comparing the results of vertical restraints application with hierarchical organization. Accordingly, the evaluation of vertical restraints impact on competition differs radically. The approach of the New Institutional Theory of the firm seems fruitful for Russian markets.

The Economic Theory of the Firm: A Generalization

2012 ◽  
pp. 41-66 ◽  
Author(s):  
M. Storchevoy
Keyword(s):  
Economic Theory ◽  
General Theory ◽  
Contract Theory ◽  
Theory Of The Firm ◽  
Material Structure ◽  
Structural Factors ◽  
Boundaries Of The Firm ◽  
Opportunistic Behaviour ◽  
New Variant

The paper deals with development of a general theory of the firm. It discusses the demand for such a theory, reviews existing approaches to its generalization, and offers a new variant of general theory of the firm based on the contract theory. The theory is based on minimization of opportunistic behaviour determined by the material structure of production (a classification of ten structural factors is offered). This framework is applied to the analysis of three boundaries problems (boundaries of the job, boundaries of the unit, boundaries of the firm) and five integration dilemmas (vertical, horizontal, functional, related, and conglomerate).

Theory of the firm, Supply Chain management, and relationship marketing

2014 ◽  
pp. 40-60
Author(s):  
M. Storchevoy
Keyword(s):  
Economic Theory ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Relationship Marketing ◽  
Theory Of The Firm ◽  
Chain Management

The paper studies through the lens of the economic theory of the firm the development of two managerial disciplines: supply chain management and relationship marketing. The author demonstrates which ideas have been borrowed by these disciplines from the economic theory of the firm, and in what extent their implications may be useful for the latter.

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