* Entrepreneurship (7.5 hp) Department of Business Studies, Uppsala University

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1 Doctoral course * Entrepreneurship (7.5 hp) Department of Business Studies, Uppsala University Coursedirector: Professor Ivo Zander, Department of Business Studies, Uppsala University, Course start: Autumn 2010 Registration: By September 15, 2010 to Elisabeth Hallmén Department of Business Studies, Uppsala University, Box 513, Uppsala, (Ekonomikum), Kyrkogårdsg. 10C, tel: , Fax: The primary objective of this Ph.D. course is to provide an overview of the rapidly evolving domain of entrepreneurship research. Two additional objectives, both reflected in the course design and assigned readings, are to identify how the entrepreneurship perspective relates to other theories and fields of research and how it can be usefully combined with these theories to generate interesting new insights and theoretical propositions. Contents The course contents include, but are not necessarily limited to, the following issues and general topics: (1) The fundamentals of entrepreneurship: The role of the entrepreneur in economic theory and the fundamentals of the entrepreneurial process. (2) Opportunities and opportunity recognition: Major perspectives on the existence of entrepreneurial opportunities and the process(es) by which individuals discover and act upon these opportunities. (3) Intrapreneurship: Entrepreneurship as it unfolds in the context of established firms, with particular emphasis on how firms deal with variation, selection, and retention of new ideas. (4) Entrepreneurship and the theory of the firm: The existence and scale and scope of the firm as seen from an entrepreneurship perspective. (5) Rents, profits, and strategizing: The examination of how entrepreneurship relates to rents and profits, and how it is connected to strategizing.

2 (6) Entrepreneurship as an evolving domain of research: A review of contemporary thoughts on the domain and frontiers of entrepreneurship research. The seminars are informal and experimental. We will use the course as an opportunity to have fun, engage in challenging debate, and to develop our various research interests. Format and dates Course participants will come together for a number of full day seminars at Uppsala University ( ). Participants will be expected to have gone through the assigned readings and be prepared to critically discuss the different pieces of work. Evaluation Course participants will be expected to contribute actively to the class discussions, sometimes perform the moderator role, and to write a term paper that will be presented and discussed in class. Schedule: Room K312 (Ekonomikum, Kyrkogårdsgatan 10C, 1 stairs up, left) November December, Note This course will not be offered if by September 15 there are fewer then five registered participants. Faculty Professor Ivo Zander Uppsala University Box 513, Uppsala Guest lecturers. The seminars are held at Ekonomikum, Kyrkogårdsgatan 10 C, room K312 Webmap: 1

3 ENTREPRENEURSHIP 2010 SESSIONS AND READINGS SESSION 1 The purpose of this introductory session is to get an overview of the fundamentals of entrepreneurship, both from a practical and theoretical perspective. We will also have a look at different views on the distinguishing characteristics of the entrepreneur. Introduction to the field of entrepreneurship Bhave, M.P. (1994) A process model of entrepreneurial venture creation. Journal of Business Venturing, 9: Bhave: 45Y7GXJ 4 1&_cdi=5983&_user=651519&_orig=browse&_coverDate=05%2F31%2F1994&_sk= &view=c&wchp=dGLzVlzzSkzk&md5=6a16281c eba032bd550982de&ie=/sdarticle.pdf Hagedorn Auerbach, A. (1994) Dynasty. From: Wild Ride The Rise and Tragic Fall of Calumet Farm, Inc., America s Premier Racing Dynasty. New York: Henry Holt and Company. Mailed separately. Finns även att köpa på bokus (pris 174kr): Kirzner, I.M. (1997) Entrepreneurial discovery and the competitive market process: An Austrian approach. Journal of Economic Literature, 35 (1): Kirzner: Schumpeter, J.A. (1952) The process of creative destruction. From: Capitalism, Socialism, and Democracy (4 th ed.) London: George Allen & Unwin Ltd. Mailed separately. Finns även att köpa på bokus (pris 144kr): Commentary papers Baumol, W.J. (1968) Entrepreneurship in economic theory. The American Economic Review, 58 (2): ( )58%3a2%3c64%3aAER %3e2.0.TX%3b2 P&origin=EBSCO Kent, C.A. (1989) The treatment of entrepreneurship in principles of economics textbooks. The Journal of Economic Education, 20 (2): Kent 2

4 Who is the entrepreneur? Baron, R.A. (1998) Cognitive mechanisms in entrepreneurship: Why and when entrepreneurs think differently than other people. Journal of Business Venturing, 13: Carter, N.M., Gartner, W.B., Shaver, K.G. & Gtewood, E.J. (2003) The career reasons of nascent entrepreneurs. Journal of Business Venturing, 18: Krueger, N.F. Jr. (2000) The cognitive infrastructure of opportunity emergence. Entrepreneurship Theory and Practice, 24 (3): (finns som fil, kontakta Elisabeth) Nicolaou, N., Shane, S., Cherkas, L., Hunkin, J. & Spector, T.D. (2008) Is the tendency to engage in entrepreneurship genetic? Management Science, 54 (1): pdf SESSION 2 This sessions deals with various aspects of opportunity recognition what it is, how it happens, and how it may evolve with the maturing of entrepreneurial ideas. Opportunity recognition Alvarez, S. & Barney, J. (2007) Discovery and creation: Alternative theories of entrepreneurial action. Strategic Entrepreneurship Journal, 1: Ardichvili, A., Cardozo, R. & Ray, S. (2003) A theory of entrepreneurial opportunity identification and development. Journal of Business Venturing, 18: RDDDP 2 1&_cdi=5983&_user=651519&_orig=browse&_coverDate=01%2F01%2F2003&_sk= &view=c&wchp=dGLbVtzzSkzk&md5=ada7a27e878c44a b4f1bb6d9&ie=/sdarticle.pdf Hills, G.E. & Singh, R.P. (2004) Opportunity recognition. In: W.B. Gartner et al. (eds.), Handbook of Entrepreneurial Dynamics The Process of Business Creation. Thousand Oaks: SAGE Publications. ODUCT_GROUP=B&x=24&y=14. Hardback, price 1346 kr. 3

5 Sarasvathy, S.D. (2001) Causation and effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency. Academy of Management Review, 26 (2): Scherdin, M. (2009) Opportunity revelation. In M. Scherdin & I. Zander (eds.), Art Entrepreneurship. Edward Elgar (forthcoming). Shane, S. (2000) Prior knowledge and the discovery of entrepreneurial opportunities. Organization Science, 11 (4): (finns som fil, kontakta Elisabeth) Commentary papers Zander, I. (2004) The micro foundations of cluster stickiness Walking in the shoes of the entrepreneur. Journal of International Management, 10 (2): C83D8W 1 5&_cdi=6205&_user=651519&_orig=browse&_coverDate=12%2F31%2F2004&_sk= &view=c&wchp=dGLzVlzzSkzV&md5=9fc d423c5b40e06a4666d2e&ie=/sdarticle.pdf SESSION 3 This session looks at entrepreneurship within established organizations, which is sometimes referred to as corporate entrepreneurship or intrapreneurship. Particular emphasis is placed on understanding processes of variation and selection as the microfoundation of firm growth. Corporate entrepreneurship Ahuja, G. & Lampert, C.M. (2001) Entrepreneurship in the large corporation: A longitudinal study of how established firms create breakthrough inventions. Strategic Management Journal, 22: Burgelman, R.A. (1983) A process model of internal corporate venturing in the diversified major firm. Administrative Science Quarterly, 28 (2): Kazanjian, R.K. & Drazin, R. (1987) Implementing internal diversification: Contingency factors for organization design choices. Academy of Management Review, 12 (2): (finns som fil, kontakta Elisabeth) 4

6 Lovas, B. & Ghoshal, S. (2000) Strategy as guided evolution. Strategic Management Journal, 21: Zander, I. & Czernich, C. (2009) The intraorganizational ecology of corporate entrepreneurship. Paper presented at the Academy of Management 2009 Annual Meeting, Chicago. Commentary papers Galbraith, J.R. (1982) Designing the innovating organization. Organizational Dynamics, Winter: (finns som fil, kontakta Elisabeth) Sykes, H.B. (1986) Lessons from a new ventures program. Harvard Business Review, May June: (finns som fil, kontakta Elisabeth) von Hippel, E. (1977) Successful and failing internal corporate ventures: An empirical analysis. Industrial and Marketing Management, 6: SESSION 4 This session gives a brief introduction to different perspectives on the nature of the firm and the drivers of firm boundaries. It particularly delineates an emerging entrepreneurship perspective on the nature of the firm, which focuses on new firm formation and the role of subjectivity in the formation of firm boundaries. The session also draws together insights into the nature of entrepreneurship, opportunity recognition, and the nature of the firm to address the issues of rents, profits, and strategizing from an entrepreneurship perspective. Entrepreneurship and the theory of the firm Alchian, A.A. & Demsetz, H. (1972) Production, information costs, and economic organization. American Economic Review, 62(5): (finns som fil, kontakta Elisabeth) Coase, R.H. (1937) The nature of the firm. Economica, 4: Kogut, B. & Zander, U. (1992) Knowledge of the firm, combinative capabilities, and the replication of technology. Organization Science, 3 (3): (finns som fil, kontakta Elisabeth) 5

7 Williamson, O.E. (1979) Transaction cost economics: The governance of contractual relations. Journal of Law and Economics, 22: Zander, I. (2007) Do you see what I mean? An entrepreneurship perspective on the nature and boundaries of the firm. Journal of Management Studies, 44 (7), pp bin/fulltext/ /pdfstart Rents, profits, and strategizing Hitt, M. & Ireland, R.D. (2000) The intersection of entrepreneurship and strategic management research. In D.L. Sexton & H. Landström (Eds.), The Blackwell Handbook of Entrepreneurship. Oxford: Blackwell Publishers Ltd. &PRODUCT_GROUP=B Jacobson, R. (1992) The Austrian school of strategy. Academy of Management Review, 17 (4): Mathews, J.A. (2006) Strategizing, disequilibrium and profit (excerpts). Stanford, CA: Stanford University Press. PRODUCT_GROUP=B&x=23&y=24 Mailed separately. Paperback price 283 kr. Mintzberg, H.J. & Waters, J.A. (1982) Tracking strategy in an entrepreneurial firm. Academy of Management Journal, 25 (3): SESSION 5 This penultimate session takes a look at a set of emerging issues and areas of research in the domain of entrepreneurship research. Shane, S. & Venkataraman, S. (2000) The promise of entrepreneurship as a field of research. Academy of Management Review, 25 (1): Ireland, R.D., Reutzel, C.R. & Webb, J.W. (2005) Entrepreneurship research in AMJ: What has been published, and what might the future hold? Academy of Management Journal, 48 (4): (finns som fil, kontakta Elisabeth) 6

8 Morris, D. (1984) Exploration. From The Naked Ape. New York: Dell Publishing. Rindova, V., Barry, D. & Ketchen, D.J. (2009) Entrepreneuring as emancipation. Academy of Management Review, 34 (3): (finns som fil, kontakta Elisabeth) Scherdin, M. & Zander, I. (2009). The subjective roots of the domain of entrepreneurship research.. In M. Scherdin & I. Zander (eds.), Art Entrepreneurship. Edward Elgar (forthcoming). Presentation of term papers. SESSION 6 Presentation of term papers and concluding discussions. 7

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