Biotech revolution changed the pharmaceutical industry, triggering a wave of risky collaborations between rivals. Based on the research findings, we answer the question why cooperation in the field of immuno-oncology is a better strategy for Pfizer and Merck KGaA, which aim to achieve...

The study examines the effect of corporate entrepreneurship (CE) as measured by innova-tion, risk taking, proactiveness, strategic rene-wal and corporate venturing on service firm non-financial performance as measured by market share, employee's satisfaction, efficie-ncy, productivity and...

We analyze how entrepreneurial opportunity cost conditions performance. Departing from the common practice of using survival as a measure of entrepreneurial performance, we model both failure and cash-out (liquidity event) as conditioned by the same underlying process. High-opportunity-cost...

Social media have been widely adopted in various organizations. The use of social media for achieving business sustainability and financial outcomes has been addressed in the literature. In the entrepreneurship context, social media have received great attention as the platforms can be one of...

Background: Many studies on entrepreneurship indicate an affirmative entrepreneurial orientation (EO) and small firm performance interrelationship. However, the empirical results are inconclusive, especially when firms face certain contingencies. Objectives: Strategic networking and...

Research on business portfolio restructuring has largely focused on antecedents and outcomes of single events such as acquisitions and divestitures, and on performance implications of diversification or refocusing strategies. Yet, longitudinal studies that investigate the transformation process...

The changing demands and challenging landscape of today's global economy have reshaped sectors of the economy and transform organizations. This transformation welcomes industries to develop its business acumen, invest in business process improvement and re-engineer its processes design and...

This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...

The middle management role in strategy execution remains a critical issue in the success of strategic initiatives. The management literature has viewed middle managers as 1) implementers of top management defined strategic changes, 2) relationship managers in strategic-change programs and 3) key...

Despite the surge in academic and non-academic literature on business model innovation (BMI) and its implications on firm performance, research on the antecedents of BMI is still evolving. Building on institutional theory, we empirically advance extant knowledge by proving that managerial ties...