Abstract
The strategic entrepreneurship literature suggests that firms that adopt and develop capabilities for entrepreneurial behavior are more likely to prosper in the new competitive environment. The purpose of this study is to explore this hypothesis. This paper explicitly examines the role of various firm capabilities in the wealth creation process. In particular, this paper tests specific entrepreneurial capabilities that facilitate wealth creation under alternative configurations of the strategic landscape. We model the rent-creating processes of entrepreneurial behaviors by using agent-based simulations of the search for, and exploitation of, profitable niches in the landscape.
| Original language | English (US) |
|---|---|
| DOIs | |
| State | Published - 2007 |
| Event | 67th Annual Meeting of the Academy of Management, AOM 2007 - Philadelphia, PA, United States Duration: Aug 3 2007 → Aug 8 2007 |
Other
| Other | 67th Annual Meeting of the Academy of Management, AOM 2007 |
|---|---|
| Country/Territory | United States |
| City | Philadelphia, PA |
| Period | 8/3/07 → 8/8/07 |
Keywords
- Agent-based modeling
- Dynamic capabilites
- Strategic entrepreneurship
ASJC Scopus subject areas
- Management Information Systems
- Management of Technology and Innovation