Strategic entrepreneurship: entrepreneurial strategies for wealth creation
Article first published online: 6 JUN 2001
Copyright © 2001 John Wiley & Sons, Ltd.
Strategic Management Journal
Special Issue: Strategic Entrepreneurship: Entrepreneurial Strategies for Wealth Creation
Volume 22, Issue 6-7, pages 479–491, June - July 2001
How to Cite
Hitt, M. A., Ireland, R. D., Camp, S. M. and Sexton, D. L. (2001), Strategic entrepreneurship: entrepreneurial strategies for wealth creation. Strat. Mgmt. J., 22: 479–491. doi: 10.1002/smj.196
- Issue published online: 6 JUN 2001
- Article first published online: 6 JUN 2001
- strategic entrepreneurship;
- wealth creation;
- innovation and internationalization
Entrepreneurship involves identifying and exploiting entrepreneurial opportunities. However, to create the most value entrepreneurial firms also need to act strategically. This calls for an integration of entrepreneurial and strategic thinking. We explore this strategic entrepreneurship in several important organizational domains to include external networks and alliances, resources and organizational learning, innovation and internationalization. The research in this special issue examines both traditional (e.g., contingency theory, strategic fit) and new theory (e.g., cultural entrepreneurship, business model drivers). The research also integrates, extends, and tests theory and research from entrepreneurship and strategic management in new ways such as creative destruction (discontinuities), resource-based view, organizational learning, network theory, transaction costs and institutional theory. The research presented herein provides a basis for future research on strategic entrepreneurship for wealth creation. Copyright © 2001 John Wiley & Sons, Ltd.