Which courses of action and levers are used by companies in the quest for renewal? Do renewal initiatives create value for the company? Can successful renewal initiatives provide models for managers committed to change, enabling them to identify certain levers that can be exploited in their own...

This paper draws upon the idea that an organisation can be understood as an open system embedded in a larger social system. We propose that geographical proximity is a key determinant of the porous boundaries of organisations. Proximity produces repeated, trusting and long-term perspective...

Various authors have brought forth the idea that the increase in context turbulence and the relentless change in today's economic and competitive environments have rendered it essential for an effective firm strategy to combine both value appropriation and value creation (Porter, 1996; Moran &...

Social Entrepreneurial Enterprises (SEEs) are companies that are founded with the mission to change the world in a specific socially oriented way rather than to provide an (economic) ROI ( Bornstein, 2004 ). The social mission is usually accomplished incrementally by convincing other members of...

Multi-level issues (Klein, Dansereau, & Hall (1994). Academy of Management Review, 195–229) are critical to both strategic management research and practice, and yet, we have few approaches for dealing with them both systemically and systematically. In this chapter, I take a resource-based...