Blackwell Encyclopedia of Management: Vol. 3: Entrepreneurship, 2nd Edition

  • Volume 3
  • R. Duane Ireland Texas A&M University
  • Michael A. Hitt Texas A&M University and Texas Christian University
  • Published By:
  • ISBN-10: 1444338005
  • ISBN-13: 9781444338003
  • DDC: 658
  • Grade Level Range: College Freshman - College Senior
  • 264 Pages | eBook
  • Original Copyright 2006 | Published/Released September 2010
  • This publication's content originally published in print form: 2006

  • Price:  Sign in for price



Blackwell Encyclopedia of Management is divided into 12 individual subject volumes and an index. All of the volumes provide clear, concise, expert definitions and explanations of the key concepts in each area. With entries ranging from extended explorations of major topics, to short definitions of key terms, each dictionary volume has been designed to give both the expert and the newcomer a multi-level guide and reference source to the subject.

Table of Contents

Front Cover.
Half Title Page.
Other Frontmatter.
Title Page.
Copyright Page.
About the Editors.
1: Absorptive Capacity and Entrepreneurship.
2: Austrian Economics.
3: Autonomous Business Unit.
4: Bankruptcy.
5: Bisociation.
6: Board Structure and Composition.
7: Boards of Directors in New Ventures.
8: Business Angel Network.
9: Business Model.
10: Business Plan.
11: Championing Corporate Venturing.
12: Chinese Entrepreneurship: Today and Tomorrow.
13: Cognitive Biases and Venture Formation.
14: Competitive Advantage.
15: Competitive Dynamics Among Entrepreneurial Firms.
16: Contingent Earnouts.
17: Corporate Entrepreneurship.
18: Corporate Ventures and Knowledge.
19: Creating Value.
20: Creative Destruction.
21: Creativity.
22: Disruptive Innovations.
23: Emergent Strategy.
24: Entrepreneur.
25: Entrepreneurial Alertness.
26: Entrepreneurial Alliances.
27: Entrepreneurial Archetypes.
28: Entrepreneurial Decisions.
29: Entrepreneurial Discovery.
30: Entrepreneurial Dominant Logic.
31: Entrepreneurial Expertise.
32: Entrepreneurial Growth.
33: Entrepreneurial Human Capital.
34: Entrepreneurial Human Resource Strategy.
35: Entrepreneurial Identity.
36: Entrepreneurial Intensity.
37: Entrepreneurial Leadership.
38: Entrepreneurial Networks.
39: Entrepreneurial Opportunity.
40: Entrepreneurial Orientation.
41: Entrepreneurial Reputations.
42: Entrepreneurial Resources.
43: Entrepreneurial Risk.
44: Entrepreneurial Service Organizations.
45: Entrepreneurial Stories and Legitimacy.
46: Entrepreneurship.
47: Ethics in Entrepreneurship.
48: Executive Succession in Entrepreneurial Business.
49: Family Business.
50: Franchising.
51: Geographic Location and Regional Variation in Entrepreneurship.
52: Habitual Entrepreneurs.
53: Harvesting the Entrepreneurial Venture.
54: History of the Academic Study of Entrepreneurship.
55: Human Resources.
56: Incubators.
57: Incumbents’ Advantage.
58: Initial Public Offerings and New Ventures.
59: Innovations.
60: Internal Venturing.
61: International Entrepreneurship.
62: Knowledge Life Cycles and Entrepreneurial Ventures.
63: Knowledge-Based Assets in Entrepreneurial Ventures.
64: Liability of Newness.
65: Location Effects on Entrepreneurial Ventures.
66: Management Buy-Outs.
67: Market Disequilibrium.
68: Minority Entrepreneurship.
69: Nascent Entrepreneur.
70: Navigating Uncertainty: From Scenarios to Flexible Options.
71: Opportunity Exploitation.
72: Outsourcing.
73: Outsourcing in Entrepreneurial Ventures.
74: Patent Protection.
75: Patterns of Entrepreneurship Development.
76: Product Innovation and Entrepreneurship.
77: Radical Innovations.
78: Real Options.
79: Risk Management in Corporate Ventures.
80: Sensemaking and Entrepreneurship.
81: Social Capital.
82: Spin-Offs.
83: Strategic Entrepreneurship.
84: Succession Planning.
85: Technology Transfer.
86: Undercapitalization.
87: University Spin-Outs.
88: Venture Capital.
89: Winner’s Curse.
90: Women’s Entrepreneurship.
Front Cover.
Half Title Page.
Other Frontmatter.
Title Page.
Copyright Page.
About the Editors.
1: Accommodation.
2: Accounting Profit.
3: Adverse Selection.
4: Advertising.
5: Antitrust Policy (US).
6: Antitrust Remedies (US).
7: Arbitrage.
8: Arc Elasticity.
9: Asset Specificity.
10: Asymmetric Information.
11: Auctions.
12: Autocorrelation.
13: Average Total Cost.
14: Average Variable Costs.
15: Backward Integration.
16: Bankruptcy.
17: Barriers to Entry.
18: Basic Market Structures.
19: Beta Coefficient.
20: Brand Name.
21: Budget Constraint.
22: Bundling.
23: Business Entities.
24: Capital.
25: Capital Asset Pricing Model.
26: Capital Budgeting.
27: Capital Markets.
28: Capitalism.
29: Cartels.
30: Cash Flow.
31: Certainty Equivalent.
32: Ceteris Paribus.
33: Clayton Act.
34: Coase Theorem.
35: Cobb–Douglas Production Function.
36: Coefficient of Variation.
37: Collusion.
38: Commitment.
39: Competition.
40: Complements.
41: Concentration Indices.
42: Confidence Intervals.
43: Constant Cost Industry.
44: Constant Returns to Scale.
45: Consumer Price Index.
46: Consumer Surplus.
47: Contestable Markets.
48: Contracts.
49: Cost of Capital.
50: Cournot Competition.
51: Covariance.
52: Credence Goods.
53: Credible Strategies.
54: Cross-Advertising Elasticity.
55: Cross Elasticities.
56: Cross-Section Analysis.
57: Deadweight Loss.
58: Declining Industry.
59: Decreasing Cost Industry.
60: Demand Curves.
61: Demand Function.
62: Depreciation.
63: Diminishing Marginal Utility.
64: Diminishing Returns.
65: Diseconomies of Scale.
66: Dominant Firm.
67: Dorfman–Steiner Condition.
68: Dumping.
69: Durbin–Watson Statistic.
70: Economic Depreciation.
71: Economic Profit.
72: Economics of the Internet.
73: Economies of Scale.
74: Economies of Scope.
75: Efficiency.
76: Efficient Markets Hypothesis.
77: Elasticity.
78: Entry.
79: Equilibrium.
80: Error Terms in Regression.
81: Estimating Demand.
82: EU Competition Policy, 2004.
83: EU Merger Guidelines, 2004.
84: EU Merger Policy, 2004.
85: Excess Capacity.
86: Exit.
87: Expected Present Value.
88: Expected Value.
89: Experience Goods.
90: Externalities.
91: Factor Prices.
92: Factor Productivity.
93: Federal Trade Commission Act.
94: Firm Financial Structure.
95: First-Mover Advantages.
96: Fixed Costs.
97: Fragmented Industries.
98: Game Theory.
99: Geographic Market.
100: Gross Domestic Product.
101: Herfindahl-Hirschman Index.
102: Heteroskedasticity.
103: Hierarchy.
104: Horizontal Merger Guidelines.
105: Identification Problem.
106: Imperfect Information.
107: Income Effect.
108: Income Elasticity.
109: Incomplete Contracts.
110: Increasing Returns.
111: Indifference Curves.
112: Industry Life Cycle.
113: Inelastic Demand.
114: Inferior Goods.
115: Inflation.
116: Internal Organization of the Firm.
117: Internal Rate of Return.
118: Isoquant-Isocost Curves.
119: Junk Bonds.
120: Kinked Demand Curves.
121: Law of Demand.
122: Law of Variable Proportions.
123: Learning Curve.
124: Lemons Market.
125: Lerner Index.
126: Limit Pricing.
127: Linear Regression.
128: Lock-In.
129: Long Run Cost Curves.
130: Make or Buy Decisions.
131: Marginal Cost.
132: Marginal Product.
133: Marginal Rate of Substitution.
134: Marginal Rate of Technical Substitution.
135: Marginal Revenue.
136: Marginal Utility.
137: Market Definition.
138: Market Microstructure.
139: Market Performance.
140: Market Power.
141: Market Structure.
142: Markup Pricing.
143: Maximin Criterion.
144: Merger Guidelines, 1992–7.
145: Microsoft Antitrust Case.
146: Microsoft Antitrust Case: Remedies.
147: Minimum Efficient Scale.
148: Monopolistic Competition.
149: Monopoly.
150: Monopsony.
151: Moral Hazard.
152: Multicollinearity.
153: Multi-Unit Auctions.
154: Natural Monopoly.
155: Net Present Value.
156: Net Present Value Criteria.
157: Network Externalities.
158: Nominal Income and Prices.
159: Normal Goods.
160: Objective of the Firm.
161: Oligopoly.
162: Opportunity Costs.
163: Optimal Variety.
164: Pareto Optimal Allocation.
165: Pecuniary Economies.
166: Perfect Competition.
167: Pioneering Brands.
168: Predatory Dumping.
169: Predatory Pricing.
170: Present Value.
171: Price Discrimination.
172: Price Leadership.
173: Principal–Agent Problem.
174: Prisoner's Dilemma.
175: Producer Surplus.
176: Product Attributes Model.
177: Product Differentiation.
178: Product Life Cycle.
179: Product Proliferation.
180: Product Variety.
181: Production Functions.
182: Profit Maximization.
183: Property Rights.
184: Public Goods Problem.
185: Quality.
186: R2.
187: Real Income.
188: Real Prices.
189: Rent Seeking.
190: Rents.
191: Reservation Price.

Meet the Author

Author Bio

R. Duane Ireland

R. Duane Ireland is a University Distinguished Professor, holder of the Benton Cocanougher Chair in Business and the Executive Associate Dean in the Mays Business School at Texas A&M University. Dr. Ireland teaches strategic management courses at all levels. He has more than 200 publications, including approximately 25 books. His research, which focuses on diversification, innovation, corporate entrepreneurship, strategic entrepreneurship and the informal economy, appears in an array of journals. He has served as a member of multiple editorial review boards and is a former editor of the Academy of Management Journal. He has also been a guest editor for 12 special issues of journals. A past president of the Academy of Management, Dr. Ireland is currently a fellow of the Academy of Management, a fellow of the Strategic Management Society and a research fellow in the Global Consortium of Entrepreneurship Centers. He received awards for the best article published in Academy of Management Executive (1999), the Academy of Management Journal (2000), and the Journal of Applied Management and Entrepreneurship (2010). In addition, he received an Association of Former Students Distinguished Achievement Award for Research from Texas A&M University (2012). In 2014 and 2015, Thomson Reuters identified Dr. Ireland as a Thomson Reuters Highly Cited Researcher (a listing of the world’s most influential researchers). He received a Distinguished Service award from the Academy of Management in 2017 and a Distinguished Service award from the strategic management division of the Academy of Management in the same year. He also received the Lifetime Achievement Award for Research and Scholarship from Mays Business School in 2017. In addition, The Rawls College of Business, Texas Tech University, chose him as a Distinguished Alumnus in 2018.

Michael A. Hitt

Michael Hitt is a University Distinguished Professor Emeritus at Texas A&M University and a Distinguished Research Fellow at Texas Christian University. Dr. Hitt received his Ph.D. from the University of Colorado. He has co-authored or co-edited 27 books and numerous journal articles. A recent article listed him as one of the 10 most cited authors in management during a 25-year period. The Times Higher Education 2010 listed him among the top scholars in economics, finance and management based on the number of highly cited articles he has authored. A recent article in the Academy of Management Perspectives lists him as one of the top two management scholars in terms of the combined impact of his work both inside (i.e., citations in scholarly journals) and outside of academia. Dr. Hitt has served on the editorial review boards of multiple journals and is a former editor of the Academy of Management Journal and a former co-editor of the Strategic Entrepreneurship Journal. He is a fellow in the Academy of Management, the Strategic Management Society and the Academy of International Business. He has received honorary doctorates (Doctor Honoris Causa) from the Universidad Carlos III de Madrid and from Jonkoping University. He is a former president of both the Academy of Management and of the Strategic Management Society. He received awards for the best article published in the Academy of Management Executive (1999), Academy of Management Journal (2000), Journal of Management (2006), and Family Business Review (2012). In 2006, he received the Falcone Distinguished Entrepreneurship Scholar Award from Syracuse University. In 2017, he received the Career Achievement Award for Distinguished Educator from the Academy of Management. He also received Distinguished Alumnus Awards from Texas Tech University in 2018 and from the University of Colorado in 2018. In 2014-2017, Dr. Hitt was listed as a Thomson Reuters Highly Cited Researcher.