Public corporations often appoint external former founders to their boards in hope that they will encourage a (re‐)focus on creating future new business. Seeking to investigate this common practice, we integrate upper echelons theory with imprinting theory, arguing that founding a company...

Human capital theory establishes that the human capital gained in prior work experience, such as in traditional corporations, is associated with subsequent entrepreneurial success. However, this perspective does not accommodate increasingly boundaryless careers, during which individuals switch...

While the concept of dynamic managerial capabilities was initially developed to understand top managers' strategic decisions, we theorize that it can explain how middle managers successfully contribute to functional outcomes. In this paper, we apply the dynamic managerial capabilities...

Although chief executive officers (CEOs) are the primary decision‐makers in their firms, there has been little research on how CEOs' decision styles affect firm performance. This study explores the relationships between firm performance and two key dimensions of CEO decision style, namely the...

The intersection of academic disciplines and fields provides an important forum for creative theory building. In this article, we identify three modes of theory building at the intersection and highlight their strengths and weaknesses. We position these three modes relative to one another using...

By building on a knowledge-based view of the firm, this paper addresses a relatively unexplored area of roles and dynamics of corporate governance in younger, threshold firms that are undergoing a transition from the emergence to the professional management stage. Our analysis is focused on the...

Organizational social capital (OSC), the goodwill and resources companies gain from their relationships with other companies, enables family firms to assemble the resources (especially knowledge) necessary for successful adaptation. Connecting with new ventures, the vanguard of radical change,...

Entrepreneurial activities contribute to the innovativeness and performance of subsidiaries and their parent multinational enterprises (MNEs). Though a strong multinational presence can spur the discovery and exploitation of entrepreneurial opportunities, it also creates uncertainty that...