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Integrating entrepreneurship and strategic management actions to create firm wealth
Abstract
Creating wealth is at the heart of both entrepreneurship and strategic management. For general managers and entrepreneurs, a keen interest is to learn how to apply entrepreneurial and strategic tools, techniques, and concepts in ways that help the firm create increasing amounts of wealth. Many of the activities that organizations engage in to create wealth take place within six domains: innovation, networks, internationalization, organizational learning, top management teams and governance, and growth. Importantly, the entrepreneurship and strategic management literatures have insights for entrepreneurs and general managers about the value to be gained by paying attention to these six domains. We describe how these insights can be classified as entrepreneurial and strategic actions, and discuss how greater wealth can be created when firms integrate these actions when seeking to create wealth.
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Citations
Cited by
The business model: Recent developments and future research
Zott, C., Amit, R., & Massa, L. (2011) · Journal of Management · doi:10.1177/0149206311406265 · Cited by 4,790
The Emergence of Entrepreneurship Education: Development, Trends, and Challenges
Kuratko, D. F. (2005) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2005.00099.x · Cited by 2,411
Business model design and the performance of entrepreneurial firms
Zott, C., & Amit, R. (2007) · Organization Science · doi:10.1287/orsc.1060.0232 · Cited by 1,707
Alliance Management as a Source of Competitive Advantage
Ireland, R. (2002) · Journal of Management · doi:10.1016/s0149-2063(02)00134-4 · Cited by 1,431
Self-citationEntrepreneurial Orientation, Learning Orientation, and Firm Performance
Wang, C. L. (2008) · Entrepreneurship Theory and Practice · doi:10.1111/j.1540-6520.2008.00246.x · Cited by 1,056
Metadata
- Authors
- Ireland, R. D., Hitt, M. A., Camp, S. M., & Sexton, D. L.
- Venue
- Academy of Management Perspectives
- Publisher
- Academy of Management
- Published
- 2001-02
- Volume
- 15
- Issue
- 1
- Pages
- 49-63
- ISSN
- 1558-9080 (ISSN-L)
- 1943-4529
- OpenAlex
- W2170492480
- Cited by
- 783
- References
- 0
- FWCI
- 65.20
- Type
- journal article
- Language
- en
- Open access
- closed
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- Ireland, R. D., Hitt, M. A., Camp, S. M., & Sexton, D. L. (2001). Integrating entrepreneurship and strategic management actions to create firm wealth. Academy of Management Perspectives. https://doi.org/10.5465/ame.2001.4251393
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
