Resource title

Entrepreneurship, Subjectivism, and the Resource-Based View - Towards a new Synthesis

Resource image

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Resource description

This paper maintains that the consistent application of subjectivism helps to reconcile contemporary entrepreneurship theory with strategic management research in general, and the resource−based view in particular. The paper synthesizes theoretical insights from Austrian economics and Penrose’s (1959) resources approach, arguing that entrepreneurship is inherently subjective and firm specific. This new synthesis describes how entrepreneurship is manifested in teams, and is driven by both heterogeneity of managerial mental models and shared team experiences.

Resource author

Nicolai J. Foss, Peter G. Klein, Yasemin Y. Kor, Joseph T. Mahoney

Resource publisher

Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/7463

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