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- Casales Morici, Belén
(författare)
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Acting Entrepreneurially and Strategically in Heavily Regulated Sectors
- 2022
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Doktorsavhandling (övrigt vetenskapligt/konstnärligt)abstract
- This thesis investigates how firms act entrepreneurially and strategically in heavily regulated sectors. Over four studies, the thesis develops a deeper and more empirically grounded understanding of how entrepreneurial and strategic actions are developed and combined. It is examined how firms’ internal organizational resources can prepare the ground for entrepreneurial and strategic actions as these resources can facilitate such activities (Ireland et al., 2009). The literature identifies several internal organizational resources that influence the success of both activities. This thesis particularly examines three of these resources: management support, work discretion, and rewards/reinforcements. In addition, it is explored how firms can use their external embeddedness to act entrepreneurially and strategically through decision-making and networking dynamics. Finally, it is examined how the combination of entrepreneurial and strategic actions is manifested. A mixture of qualitative and quantitative methodologies is used to provide a more comprehensive analysis of the investigated issues. The results show that firms use their internal organizational resources to develop and conduct both types of activities. These internal organizational resources appear to be important organizational antecedents that drive both types of activities. The findings also illustrate how firms use their external embeddedness to identify opportunities, mobilize beneficial resources, secure a competitive advantage, overcome the difficulties inherent to heavily regulated sectors, and create a new market. This was possible through combinations of entrepreneurial and strategic activities conducted through effectual and causal decision-making and network dynamics. Finally, the results show that the combination of entrepreneurial and strategic actions was manifested in different ways. In the examined financial services firms, the combination of both activities was manifested through the design of adapted internal organizational resources that facilitated the development and combination of both types of activities. The combination was challenged by two opposite organizational resources: top-down managerial control (centralized decision-making) and bottom-up freedom (decentralized decision-making). In the case of the new venture creation process, the combination of both activities varied depending on changes in the external environment, and it was sometimes facilitated but at other times challenged by those changes. Overall, the thesis offers several theoretical, managerial, and methodological contributions to a range of scholarly conversations, including the literature on strategic entrepreneurship, entrepreneurial decision-making, organizational preparedness for entrepreneurship, business networks, and the new venture process.
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| 3. |
- Casales Morici, Belén, 1981-
(författare)
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Corporate Entrepreneurship : A Comprehensive Field Review and Assessment of the Internal Organizational Environment Supportive of Strategic Entrepreneurship
- 2018
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Licentiatavhandling (övrigt vetenskapligt/konstnärligt)abstract
- The aim of this thesis is to expand current knowledge on the development of corporate entrepreneurship and to contribute new theoretical and empirical insights into strategic entrepreneurship. To those ends, the thesis attempts to answer two research questions. First, how has the field of corporate entrepreneurship research evolved in terms of main themes, applied methods and theory, and what do these developments reveal about the future trajectories of the field? Second, what is the relationship between internal organizational factors and strategic entrepreneurship in the form of sustained regeneration, organizational rejuvenation, and strategic renewal? To answer the first question, a systematic and comprehensive review of 344 articles addressing the development of research on corporate entrepreneurship during 1969–2017 was conducted. To answer the second question, a survey was administered at a major financial services company to examine the relationship among four internal organizational factors and three forms of strategic entrepreneurship. The overall conclusion of the literature review is that corporate entrepreneurship is a growing and, in several respects, maturing field of research. Signs of its maturity are undermined, however, by the lack of commonly applied theories and theoretical frameworks. Those findings take support from the overall conclusion of the second study, which highlights the need to develop and further test empirically existing frameworks, constructs, and theoretical connections within literature on strategic entrepreneurship.Taken together, the findings of the thesis suggest that corporate entrepreneurship faces the difficult challenge of developing a set of more distinct, unifying theories and conceptual frameworks. Concerning strategic entrepreneurship, it is concluded that research on this topic should consider specific organizational structures and conditions of the company and, at the same time, it should also develop greater sensitivity to the effects of industry and institutional settings. The findings also highlight that internal organizational factors could have differentiated effects on the main forms of strategic entrepreneurship.
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| 5. |
- Casales Morici, Belén, et al.
(författare)
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Developments in Strategic Entrepreneurship
- 2020
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Ingår i: FOUNDATIONS AND TRENDS IN ENTREPRENEURSHIP. - : NOW PUBLISHERS INC. - 1551-3114 .- 1551-3122. ; 16:6, s. 444-513
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Tidskriftsartikel (refereegranskat)abstract
- Now almost twenty years ago, strategic entrepreneurship emerged as a new and high-potential field of research at the crossroads of the entrepreneurship and strategic management literatures. In this review, we track the development of this new field of research to see whether it has lived up to the original promises. Based on the review of 131 articles that have appeared over the period 2001-2019, we conclude that strategic entrepreneurship research is yet to develop the coherence and momentum that will allow it to take off more emphatically. In the discussion, we outline a set of interrelated issues concerned with conceptual ambiguity, model boundaries, and consistency in the application of conceptual foundations which we believe have had an attenuating effect on past developments of the field. We conclude our review by identifying a number of avenues for future research, alongside a pressing need for producing firmer practical guidelines for how to effectively integrate the entrepreneurial and strategic aspects of management.
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| 6. |
- Casales Morici, Belén
(författare)
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Strategic Corporate Entrepreneurship Practices in Financial Services Firms: The Role of Organizational Factors
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Annan publikation (övrigt vetenskapligt/konstnärligt)abstract
- The strategic entrepreneurship field has established the importance of an entrepreneurial organizational environment within companies. However, extant research has failed to show how the association of organizational factors with different strategic corporate entrepreneurship practices unfolds in service businesses. Given the role of financial services, this study addresses a relevant gap in the literature. An empirical analysis from financial services firms in Sweden, using Structural Equation Modelling, shows that whereas organizational factors such as management support and reward/reinforcement have a positive effect on both incremental and discontinuous strategic corporate entrepreneurship practices, the organizational factor work discretion presents a differentiated effect. From a theoretical perspective, the study provides an important step toward understanding the internal factors that spur employees toward different strategic corporate entrepreneurship in financial services firms. In terms of practical implications, the results offer a valuable perspective for managers in these firms to create or improve an internal organizational environment that facilitates strategic corporate entrepreneurship practices.
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| 7. |
- Casales Morici, Belén
(författare)
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The dynamics of entrepreneurial decision-making when creating and developing new ventures
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Annan publikation (övrigt vetenskapligt/konstnärligt)abstract
- The paper aims to clarify how effectual and causal decision-making evolve when creating and developing new ventures and what may drive change points in the use of effectual and causal decision-making. The study adds a hybrid perspective to the body of research on entrepreneurial decision-making by illustrating how effectual and causal modes are combined when creating and developing new ventures (rather than using one or the other mode exclusively). It also shows how the intensity in the use of one mode of decision-making changes over time. Moreover, the study advances a novel and dynamic model of what drives shifts in entrepreneurs/companies’ decision-making modes, adding to the literature a new external condition, changes in regulations, as an immediate condition influencing the use of either decision-making mode when creating and developing new ventures. The proposed model can be a useful tool to stimulate practitioners regarding external conditions shaping the new venture, including the repercussions and outcomes of using certain decision-making modes. Furthermore, using archival material as primary data, the study pioneers new approaches regarding data sources and data collection different from those conventionally applied in entrepreneurship research.
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