Strategic management and entrepreneurship: Friends or foes?

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Strategic management and entrepreneurship: Friends or foes?

The objective of this article is to create a better understanding of the intersection of the academic fields
of entrepreneurship and strategic management, based on an aggregation of the extant literature in these
two fields. The article structures and synthesizes the existing scholarly works in the two fields, thereby
generating new knowledge. The results can be used to further enhance fruitful integration of these two
overlapping but separate academic fields. The article attempts to integrate the two fields by first
identifying apparent interrelations, and then by concentrating in more detail on some important
intersections, including strategic management in small and medium-sized enterprises and start-ups,
acknowledging the central role of the entrepreneur. The content and process sides of strategic
management are discussed as well as their important connecting link, the business plan. To conclude,
implications and future research directions for the two fields are proposed

Statement of Responsibility

Author(s)

Sascha Kraus - Personal Name
Ilkka Kauranen - Personal Name

Edition

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ISBN/ISSN

Subject(s)