Questioning the underlying assumptions of the process of creative destruction, we conceptualize an alternative process of creative construction that may characterize the dynamics between entrants and incumbents. We discuss the underlying mechanism of knowledge spillover strategic...

Moving beyond one-shot decisions to spinout, we investigate how careers of employee entrepreneurs unfold in terms of subsequent decisions to stay at the initial venture, return to paid employment, or serial entrepreneurship. Our inductive study draws on rich career-history data triangulated...

Previous studies of employee entrepreneurship have not considered the rewards available to potential entrepreneurs inside of their current organizations. This study hopes to fill this gap by investigating how the firm's compensation structure, an important strategic decision closely scrutinized...

Longitudinal data are used to examine how knowledgeshapes the innovative environment of an entering firm and to determine howdifferent environments affect entrant survival. After a review of relevantliterature, it is hypothesized that entrants with a knowledge advantage and ahigh number of...

We theorize that differences in human assets' ability to generate value are linked to exit decisions and their effects on firm performance. Using linked employee-employer data from the U.S. Census Bureau on legal services, we find that employees with higher earnings are less likely to leave...

Entrepreneurs making decisions under uncertainty are encouraged to evaluate their initial ideas through hypothesis testing, but entrepreneurial approaches vary in their emphasis on ex-ante theory development prior to collecting evidence. In this paper, we examine whether and how entrepreneurs...