New ventures often experience deviations from their plans that oblige them to reorient in
pursuit of a better fit between their evolving products and their target customers. Yet …

New ventures in nascent markets often pivot while still developing their organizational
identity. A strong identity helps attract investors and employees and pivoting helps pursue …

This paper presents a process study on the evolution of new ventures. We adopt the
theoretical lens of “archetypes,” which allows us to take a holistic perspective on new …

Abstract Research Summary Strategy formation is central to why some firms seize novel
opportunities while others fail. We explore a core dilemma of strategy formation in …

We examine how entrepreneurs rework the temporal commitments implicated in their
venture ideas when they persevere or pivot upon confronting unexpected events. To gain a …

We adopt an information processing perspective to investigate how the interplay of belief
structures and industry context shapes new venture strategic adaptation in a sample of 104 …

In this paper, we develop a process model of trajectory shifts in institutional
entrepreneurship. We focus on the liminal periods experienced by institutional …

Abstract Research Summary Most theories of strategic change focus on how large,
established firms recognize or fail to recognize the need for strategic change. Little research …

This study draws upon effectuation and causation as examples of planning‐based and
flexible decision‐making logics and investigates dynamics in the use of both logics. The …

We explore how the initial market positioning of entrepreneurial ventures shapes how they
professionalize over time, focusing specifically on the development of functional roles. In …