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This volume considers the timely issues of social and sustainable
entrepreneurship. The chapters consider in depth the issues,
problems, contexts, and processes that make entrepreneurial
enterprises more social and/or sustainable. Top researchers from a
diverse set of perspectives have contributed their latest research
on a variety of topics such as the role of entrepreneurial
bricolage in generating innovations in a social context (Gundry,
Kickul, Griffins, and Bacq) and emerging themes in social
entrepreneurship education (Thiru). Several chapters tackle
lingering definitional issues such as the distinctions between
social, sustainable, and environmental entrepreneurship (Dean,
Sarason, and Neenan), or propose social entrepreneurship research
agendas based on key research questions found in prior studies
(Gras, Mosakowski, and Lumpkin). There are brief histories of
social change and their entrepreneurial implications (Kucher and
Summers), and frameworks for studying different types of social and
sustainable entrepreneurship (Lichtenstein). Each of the chapters,
in its own way, addresses the progress and promise of social and
sustainable entrepreneurship as a future research domain of growing
interest and importance.
Entrepreneurial value creation requires that organizations
understand both the actions they need to take and how to
effectively take them. The dynamic nature of entrepreneurial
behavior involves not only the strength or uniqueness of a firm's
resources and competencies but also the capabilities and processes
needed to create value and appropriate wealth. This distinction has
served the fields of strategy and entrepreneurship well because it
provides scholars with a framework for investigating the
relationship between the elements of competitive superiority
(content) and the decision making styles and practices (processes)
involved in taking action and implementing change. On the path from
opportunity recognition to new value creation to wealth
appropriation, entrepreneurial strategic processes are among the
most important steps. The purpose of this volume is to focus on the
entrepreneurial processes that have the greatest impact on
strategic outcomes such as organizing, learning, and contributing
to outstanding financial performance. The chapters draw on both
scholars new to the field as well as some of those who have
previously made significant contributions to entrepreneurial
process research. Several chapters address entrepreneurial
processes in a corporate setting including both large and
medium-sized corporations. Other chapters explore the issues faced
by entrepreneurial owners and managers in directing both themselves
and their organizations. Another topic of this volume is the
distinctive entrepreneurial process challenges of young and small
firms.
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