Acquisition growth is not a common theme in entrepreneurship research. Entrepreneurial growth has traditionally been addressed as organic growth, i.e. as internal expansion through the extension of existing operations and internally induced process and product innovations. We contend that...

What factors influence exit from the founder's business and subsequent entrepreneurial renewal in a generational family firm? Guided by this research question, we trace the development of the Italian Falck Group from its inception as a steel company in 1906 -- ascension as the largest privately...

This paper proposes a model of strategic evolution as a sequence of intentional recombinations of a company's "Core Micro-strategy" with new resources and organizational routines. A Core Micro-strategy is defined here as the established system of interconnected routines, micro-activities and...

This book showcases advanced empirical research that applies the concept of organizational routines to understanding organizations and how they change and evolve.

Why do owner-managers delay business failure when it is financially costly to do so? In this paper we acknowledge that delaying business failure can be financially costly to the owner-manager and the more costly the delay, the more difficult the recovery. But we complement this financial...

We contrast the performance consequences of intra-family vs. external ownership transfers. Investigating a sample of all private family firms in Sweden that went through ownership transfers during ten years, we find family firms transferred to external owners outperforming those transferred...