Knowledge that Transforms

I provide comments on these articles and then place them in the broader context of the burgeoning literatures on technological collaboration and corporate social responsibility. Copyright © 2008 Strategic Management Society.

Change presents major opportunities and challenges for executives and the organizations they lead. Significant gaps remain between what we know and what we need to know about change, especially with regard to the role of change within strategic entrepreneurship. This brief article is intended to lay out ideas that can guide and inform investigation of the link between change and strategic entrepreneurship. Copyright © 2008 Strategic Management Society.

In the canonical work of economics, Adam Smith's Wealth of Nations, he explained that nations grow wealthy through changes in the division of labor. Using Smith's insight, entrepreneurship can be defined as the study of human actions that lead to changes in the division of labor. This definition gives theoretical and empirical meaning to studies examining new venture formation and economic growth, and can be used by scholars for intellectual profit, as illustrated by Baumol and Strom, Casson and Wadeson, and Agarwal, Audretsch, and Sarkar. Copyright © 2008 Strategic Management Society.

While a growing body of research supports the notion that interorganizational networks play an important role in shaping the competitive context and influencing a variety of outcomes for growing and established firms alike, concerns about the boundaries and limitations of the theory are rising. This commentary addresses the contributions of the aforementioned articles while underscoring the various theoretical challenges that await those seeking to apply network theory to the nascent field of strategic entrepreneurship. Copyright © 2008 Strategic Management Society.