Entrepreneurial Action and Entrepreneurial Rents

dc.contributor.advisorMadhok, Anoop
dc.contributor.advisorLevesque, Moren
dc.creatorKeyhani, Mohammad
dc.date.accessioned2015-01-26T14:30:43Z
dc.date.available2015-01-26T14:30:43Z
dc.date.copyright2014-06-18
dc.date.issued2015-01-26
dc.date.updated2015-01-26T14:30:43Z
dc.degree.disciplineAdministration
dc.degree.levelDoctoral
dc.degree.namePhD - Doctor of Philosophy
dc.description.abstractThis dissertation is comprised of three independently standing research papers (chapters 2, 3 and 4) that come together in the common theme of investigating the relationship between entrepreneurial action and performance. The introduction chapter argues that this theme is the main agenda of an entrepreneurial approach to strategy, and provides some background and context for the core chapters. The entrepreneurial approach to strategy falls in line with an array of action-based theories of strategy that trace their economic foundations to the Austrian school of economics. Chapters 2 and 3 take a game theoretical modeling and computer simulation approach and represent one of the first attempts at formal analysis of the Austrian economic foundations of action-based strategy theory. These chapters attempt to demonstrate ways in which formal analysis can begin to approach compatibility with the central tenets of Austrian economics (i.e., subjectivism, dynamism, and methodological individualism). The simulation results shed light on our understanding of the relationship between opportunity creation and discovery, and economic rents in the process of moving towards and away from equilibrium. Chapter 4 operationalizes creation and discovery as exploration and exploitation in an empirical study using data from the Kauffman Firm Survey and highlights the trade-offs faced by start-ups in linking action to different dimensions of performance (i.e., survival, profitability, and getting acquired). Using multinomial logistic regression for competing risks analysis and random effects panel data regression, we find that high technology start-ups face a trade-off between acquisition likelihood and profitability-given-survival while low and medium technology start-ups face a trade-off between survival and profitability-given-survival. Chapter 5 concludes the dissertation by highlighting some of the overall contributions and suggesting avenues for future research.
dc.identifier.urihttp://hdl.handle.net/10315/28205
dc.language.isoen
dc.rightsAuthor owns copyright, except where explicitly noted. Please contact the author directly with licensing requests.
dc.subjectManagement
dc.subjectEntrepreneurship
dc.subjectEconomics
dc.subject.keywordsOpportunity exploitation.en_US
dc.subject.keywordsStrategic managementen_US
dc.subject.keywordsStrategyen_US
dc.subject.keywordsAustrian economicsen_US
dc.subject.keywordsSubjectivist economicsen_US
dc.subject.keywordsModelingen_US
dc.subject.keywordsSimulationen_US
dc.subject.keywordsExplorationen_US
dc.subject.keywordsExploitationen_US
dc.subject.keywordsAmbidexterityen_US
dc.subject.keywordsEntrepreneurshipen_US
dc.subject.keywordsStart-upsen_US
dc.subject.keywordsNew venturesen_US
dc.subject.keywordsEntrepreneurial thinkingen_US
dc.subject.keywordsEntrepreneurial actionen_US
dc.subject.keywordsGame theoryen_US
dc.subject.keywordsCooperative game theoryen_US
dc.subject.keywordsAgent-based modelingen_US
dc.subject.keywordsRentsen_US
dc.subject.keywordsProfitsen_US
dc.subject.keywordsEquilibriumen_US
dc.subject.keywordsDisequilibriumen_US
dc.subject.keywordsMarket processen_US
dc.subject.keywordsEntrepreneurial exiten_US
dc.subject.keywordsFirm performanceen_US
dc.subject.keywordsFirm survivalen_US
dc.subject.keywordsMarket dynamicsen_US
dc.subject.keywordsKirznerian entrepreneurshipen_US
dc.subject.keywordsSchumpeterian entrepreneurshipen_US
dc.subject.keywordsOpportunity creationen_US
dc.subject.keywordsOpportunity discoveryen_US
dc.titleEntrepreneurial Action and Entrepreneurial Rents
dc.typeElectronic Thesis or Dissertation

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Keyhani_Mohammad_2014_Phd.pdf
Size:
2.12 MB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 2 of 2
No Thumbnail Available
Name:
license.txt
Size:
1.83 KB
Format:
Plain Text
Description:
No Thumbnail Available
Name:
YorkU_ETDlicense.txt
Size:
3.38 KB
Format:
Plain Text
Description:

Collections