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Russell Boisjoly
Professor Emeritus of Finance and Strategy State University of New York at Fredonia Thompson Hall E338 Fredonia, NY 14063
Corresponding Author
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This paper has demonstrated that the intentional Value Creation process presented by Lepak, Taylor & Smith (2007) can be enhanced by adding connections between the Value Creation Process of Lepak, Taylor & Smith (2007) and the Creativity Process of Amabile et al (1996) within a corporation, and that those two internal processes also have a relationship with the external entrepreneurial processes modeled by Krueger-Brazeal (1994) and Bhave (1994). Furthermore, all of these constructs can be related to the massive amount of dormant technology available in corporations, R&D labs, government research centers, universities, and foundations/nonprofit research centers. The relationship between each model assist in capturing the essence of Shane and Venkataraman (2000) whose article laid out a design for Entrepreneurship as a unique field of research. When the aforementioned models are included in one holistic model, the internal and external entrepreneurial processes are shown to have the same or nearly identical features.
Keywords
Internal entrepreneurial processes, external entrepreneurial processes, dormant technologies, recognition of value, value creation, value capture
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A new preprint design is coming!
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This is a preprint, a preliminary version of a manuscript that has not completed peer review at a journal. Research Square does not conduct peer review prior to posting preprints. The posting of a preprint on this server should not be interpreted as an endorsement of its validity or suitability for dissemination as established information or for guiding clinical practice.
Research
Russell Boisjoly
Professor Emeritus of Finance and Strategy State University of New York at Fredonia Thompson Hall E338 Fredonia, NY 14063
Corresponding Author
Badges
Prescreen
This manuscript passed our Prescreen assessment
Complete author information
Appropriate declaration statements
Potential risks to human health
Prescreen
History
CURRENT STATUS: Posted
Version 1
Posted 07 Jun, 2021
No community comments so far
Metrics
Comments: 0
PDF Downloads: ...
HTML Views: ...
Subject Areas
Finance
License:
This work is licensed under a CC BY 4.0 License. Read Full License
This paper has demonstrated that the intentional Value Creation process presented by Lepak, Taylor & Smith (2007) can be enhanced by adding connections between the Value Creation Process of Lepak, Taylor & Smith (2007) and the Creativity Process of Amabile et al (1996) within a corporation, and that those two internal processes also have a relationship with the external entrepreneurial processes modeled by Krueger-Brazeal (1994) and Bhave (1994). Furthermore, all of these constructs can be related to the massive amount of dormant technology available in corporations, R&D labs, government research centers, universities, and foundations/nonprofit research centers. The relationship between each model assist in capturing the essence of Shane and Venkataraman (2000) whose article laid out a design for Entrepreneurship as a unique field of research. When the aforementioned models are included in one holistic model, the internal and external entrepreneurial processes are shown to have the same or nearly identical features.
Figure 1
Figure 2
Figure 3
Figure 4
Figure 5
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