Integrating entrepreneurship and strategic management actions to create firm wealth

Citation
Rd. Ireland et al., Integrating entrepreneurship and strategic management actions to create firm wealth, ACAD MGMT E, 15(1), 2001, pp. 49-63
Citations number
94
Categorie Soggetti
Management
Journal title
ACADEMY OF MANAGEMENT EXECUTIVE
ISSN journal
08963789 → ACNP
Volume
15
Issue
1
Year of publication
2001
Pages
49 - 63
Database
ISI
SICI code
0896-3789(200102)15:1<49:IEASMA>2.0.ZU;2-4
Abstract
Creating wealth is at the heart of both entrepreneurship and strategic mana gement. For general managers and entrepreneurs, a keen interest is to learn how to apply entrepreneurial and strategic fools, techniques, and concepts in ways that help the firm create increasing amounts of wealth. Many of th e activities that organizations engage in to create wealth fake place withi n six domains: innovation, networks, internationalization. organizational l earning, top management teams and governance, and growth. importantly, the entrepreneurship and strategic management literatures have insights for ent repreneurs and general managers about the value to be gained by paying atte ntion to these six domains. We describe how these insights can be classifie d as entrepreneurial and strategic actions, and discuss how greater wealth can be created when firms integrate these actions when seeking to create we alth.