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PORTFOLIO ENTREPRENEURSHIP AND RESOURCE ORCHESTRATION

Caroline Baert, Miguel Meuleman UGent, Marion Debruyne UGent and Mike Wright (2016) STRATEGIC ENTREPRENEURSHIP JOURNAL. 10(4). p.346-370
abstract
Research summary: This study examines the role of resource orchestration for the exploration and exploitation of opportunities through portfolio entrepreneurship. Adopting a single-case study approach, we identify eight distinctive resource orchestration subprocesses that we group into three aggregate resource orchestration processes that enable the development and exploitation of a set of resources and capabilities across a portfolio of ventures. Our findings extend the literature on enduring entrepreneurship by building theory on how resource orchestration across a portfolio of ventures facilitates the emergence of synergies when exploring and exploiting opportunities. Managerial summary: This study examines the processes through which an entrepreneur structures and rearranges resources and capabilities across multiple firms as he/she grows a portfolio of firms to engage in the exploration and exploitation of market opportunities. Entrepreneurs can obtain insights for building their businesses from the eight processes we identify; these processes allow entrepreneurs to develop synergies as they create and put to use a set of resources and capabilities across their businesses. Through these synergies, entrepreneurs can share, transform, and harmonize resources and capabilities across their firms. This can enable them to continuously and simultaneously explore and exploit market opportunities, which ultimately facilitates the sustainability of their businesses. Copyright (C) 2016 Strategic Management Society.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
keyword
BUSINESS GROUP FORMATION, LIFE-CYCLE, STRATEGIC ENTREPRENEURSHIP, HABITUAL ENTREPRENEURS, DYNAMIC CAPABILITIES, FIRM PERFORMANCE, EXPLOITATION, ACQUISITION, MODEL, EXPLORATION, portfolio entrepreneur, resource orchestration, exploration/exploitation, enduring entrepreneurship, strategic, entrepreneurship
journal title
STRATEGIC ENTREPRENEURSHIP JOURNAL
Strateg. Entrep. J.
volume
10
issue
4
pages
25 pages
publisher
Wiley-blackwell
place of publication
Hoboken
Web of Science type
Article
Web of Science id
000389833000002
JCR category
MANAGEMENT
JCR impact factor
2.537 (2016)
JCR rank
62/194 (2016)
JCR quartile
2 (2016)
ISSN
1932-4391
1932-443X
DOI
10.1002/sej.1227
language
English
UGent publication?
yes
classification
A1
copyright statement
I don't know the status of the copyright for this publication
id
8524744
handle
http://hdl.handle.net/1854/LU-8524744
date created
2017-06-22 12:16:19
date last changed
2017-09-21 09:51:29
@article{8524744,
  abstract     = {Research summary: This study examines the role of resource orchestration for the exploration and exploitation of opportunities through portfolio entrepreneurship. Adopting a single-case study approach, we identify eight distinctive resource orchestration subprocesses that we group into three aggregate resource orchestration processes that enable the development and exploitation of a set of resources and capabilities across a portfolio of ventures. Our findings extend the literature on enduring entrepreneurship by building theory on how resource orchestration across a portfolio of ventures facilitates the emergence of synergies when exploring and exploiting opportunities. Managerial summary: This study examines the processes through which an entrepreneur structures and rearranges resources and capabilities across multiple firms as he/she grows a portfolio of firms to engage in the exploration and exploitation of market opportunities. Entrepreneurs can obtain insights for building their businesses from the eight processes we identify; these processes allow entrepreneurs to develop synergies as they create and put to use a set of resources and capabilities across their businesses. Through these synergies, entrepreneurs can share, transform, and harmonize resources and capabilities across their firms. This can enable them to continuously and simultaneously explore and exploit market opportunities, which ultimately facilitates the sustainability of their businesses. Copyright (C) 2016 Strategic Management Society.},
  author       = {Baert, Caroline and Meuleman, Miguel and Debruyne, Marion and Wright, Mike},
  issn         = {1932-4391},
  journal      = {STRATEGIC ENTREPRENEURSHIP JOURNAL},
  keyword      = {BUSINESS GROUP FORMATION,LIFE-CYCLE,STRATEGIC ENTREPRENEURSHIP,HABITUAL ENTREPRENEURS,DYNAMIC CAPABILITIES,FIRM PERFORMANCE,EXPLOITATION,ACQUISITION,MODEL,EXPLORATION,portfolio entrepreneur,resource orchestration,exploration/exploitation,enduring entrepreneurship,strategic,entrepreneurship},
  language     = {eng},
  number       = {4},
  pages        = {346--370},
  publisher    = {Wiley-blackwell},
  title        = {PORTFOLIO ENTREPRENEURSHIP AND RESOURCE ORCHESTRATION},
  url          = {http://dx.doi.org/10.1002/sej.1227},
  volume       = {10},
  year         = {2016},
}

Chicago
Baert, Caroline, Miguel Meuleman, Marion Debruyne, and Mike Wright. 2016. “Portfolio Entrepreneurship and Resource Orchestration.” Strategic Entrepreneurship Journal 10 (4): 346–370.
APA
Baert, C., Meuleman, M., Debruyne, M., & Wright, M. (2016). PORTFOLIO ENTREPRENEURSHIP AND RESOURCE ORCHESTRATION. STRATEGIC ENTREPRENEURSHIP JOURNAL, 10(4), 346–370.
Vancouver
1.
Baert C, Meuleman M, Debruyne M, Wright M. PORTFOLIO ENTREPRENEURSHIP AND RESOURCE ORCHESTRATION. STRATEGIC ENTREPRENEURSHIP JOURNAL. Hoboken: Wiley-blackwell; 2016;10(4):346–70.
MLA
Baert, Caroline, Miguel Meuleman, Marion Debruyne, et al. “Portfolio Entrepreneurship and Resource Orchestration.” STRATEGIC ENTREPRENEURSHIP JOURNAL 10.4 (2016): 346–370. Print.