Four promising research avenues in corporate entrepreneurship are identified which have important implications for knowledge creation and exploitation as well as organizational learning. The discussion opens with a focus on how knowledge is created through four types of corporate...

Why does the level of venture capital activity vary across countries? This study suggests that the variation can be attributed to the different levels of formal institutional development. Further, this study proposes that venture capitalists respond differently to the incentives provided by...

Technological discontinuities pose serious challenges to top managers' attention. These discontinuities, which often occur at the fringes of an industry, are usually driven by innovative and, often, venture capital-backed start-ups creating new products and transforming existing industries in...

Research highlights the role of external knowledge sources in the recognition of strategic opportunities, but is less forthcoming with respect to the role of such sources during the process of exploiting or realizing opportunities. We build on the knowledge-based view to propose that realizing...

The purpose of this study is to identify the conditions under which family firms encourage entrepreneurial activities, particularly risk taking.Following a discussion of agency theory and entrepreneurial risk taking, it is hypothesized that being a founder and CEO, long CEO tenure, family...

Drafts and tests a topology of the relative powers of the chief executive officer (CEO) and the board of directors. A review of relevant literature reveals four types of boards of directors: caretaker, statutory, proactive, and participative, of which the latter two represent the strongest...