Designing a Conceptual Model of Strategic Entrepreneurship Based on Configuration Approach

Document Type : Research Paper

Authors

1 Associate Professor, Faculty of Management, University of Tehran, Iran

2 Associate Professor, Faculty of Entrepreneurship, University of Tehran, Iran

Abstract

Strategic entrepreneurship is the intersection of entrepreneurship research and strategic management. There is no consensus on the definition, dimensions and constituent elements and a few models have limitations. The aim of this paper is to review previous studies with an emphasis on empirical evidence, to summarize them in an innovative framework to make a greater understanding of strategic entrepreneurship, to combine the existing scholarly research in this young and emerging field as well as to develop a conceptual model based on configuration approach. We derived a model with seven domains and conclude that companies must act based on both entrepreneurship and strategic management that is required for sustainable wealth creation. And deeper understanding of this concept could trigger future studies to identify its components and elements, test proposed model by researchers and implement it in organization by managers.

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