Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]

Studies in strategic entrepreneurship have been steadily investigated since early 2000 when Hitt et al. (2003) proposed a conceptual framework in their textbook. However, much still unknown in capitalizing SE as a body of knowledge in entrepreneurship literatures. Most of the studies (e.g. Shepherd...

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Main Authors:	Awang, Amran, Khalid, Shaiful Annuar, Kassim, Azizan, Selamat, Sarah Mardhiah, Mohammad Nor, Azura, Shukor, Najihah, Shaari, Ahmad Zakhwan Firduase
Format:	Research Reports
Language:	English
Published:	Research Management Institute (RMI) 2015
Subjects:	Entrepreneurship. Risk and uncertainty
Online Access:	http://ir.uitm.edu.my/id/eprint/26227/ http://ir.uitm.edu.my/id/eprint/26227/1/LP_AMRAN%20AWANG%20RMI%2015_5.pdf

id	uitm-26227
recordtype	eprints
spelling	uitm-262272019-11-27T07:48:18Z http://ir.uitm.edu.my/id/eprint/26227/ Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.] Awang, Amran Khalid, Shaiful Annuar Kassim, Azizan Selamat, Sarah Mardhiah Mohammad Nor, Azura Shukor, Najihah Shaari, Ahmad Zakhwan Firduase Entrepreneurship. Risk and uncertainty Studies in strategic entrepreneurship have been steadily investigated since early 2000 when Hitt et al. (2003) proposed a conceptual framework in their textbook. However, much still unknown in capitalizing SE as a body of knowledge in entrepreneurship literatures. Most of the studies (e.g. Shepherd & Wilklund, 2009; Schindehutte & Morris, 2009; Hitt et al., 2011ab) however belief that SE has considerable impact on firms' growth, CA, opportunity advantage, value and wealth creation. SE is an integrative model of strategic management and entrepreneurship whereby they capitalize on firms' behavioral aspect that will transform their internal resources (transforming its product, markets, internal processes and so on) to better future and higher industrial standard. SE can be explained by any one of the five forms, strategic renewal, sustained regeneration, domain redefinition, organizational rejuvenation, and business model reconstruction (Covin & Miles, 1999). Works in SE show a steady increments but wide gap still wide open, more ground works in concept and model development are still under develop. Among others a model of Ireland, Hitt and Sirmon (2003) proposed four dimensions (1) the entrepreneurial mindset, culture and leadership, (2) the strategic management of organizational resources, (3) application of creativity,and (4) development of innovation. Kyrgidou and Hughes (2010) critized the model as lacking in robustness as required in capturing the gestalt of SE. Supporting the argument were studies that suggested the model should uphold SE as broader in scope, multilevel and more dynamic compared to original conceptualization (Chiles, Bluedorn & Gupta, 2007; Hitt, Beamish, Jackson & Mathieu, 2007; Rindova, Barry & Ketchen, 2009). Recently, Hitt, et al. (2011) proposed input-processes-output model of SE that incoporate multilevel and broader domain, environmental influences, RO and three levels of outcome. Research Management Institute (RMI) 2015 Research Reports NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/26227/1/LP_AMRAN%20AWANG%20RMI%2015_5.pdf Awang, Amran and Khalid, Shaiful Annuar and Kassim, Azizan and Selamat, Sarah Mardhiah and Mohammad Nor, Azura and Shukor, Najihah and Shaari, Ahmad Zakhwan Firduase (2015) Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]. [Research Reports] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Entrepreneurship. Risk and uncertainty
spellingShingle	Entrepreneurship. Risk and uncertainty Awang, Amran Khalid, Shaiful Annuar Kassim, Azizan Selamat, Sarah Mardhiah Mohammad Nor, Azura Shukor, Najihah Shaari, Ahmad Zakhwan Firduase Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
description	Studies in strategic entrepreneurship have been steadily investigated since early 2000 when Hitt et al. (2003) proposed a conceptual framework in their textbook. However, much still unknown in capitalizing SE as a body of knowledge in entrepreneurship literatures. Most of the studies (e.g. Shepherd & Wilklund, 2009; Schindehutte & Morris, 2009; Hitt et al., 2011ab) however belief that SE has considerable impact on firms' growth, CA, opportunity advantage, value and wealth creation. SE is an integrative model of strategic management and entrepreneurship whereby they capitalize on firms' behavioral aspect that will transform their internal resources (transforming its product, markets, internal processes and so on) to better future and higher industrial standard. SE can be explained by any one of the five forms, strategic renewal, sustained regeneration, domain redefinition, organizational rejuvenation, and business model reconstruction (Covin & Miles, 1999). Works in SE show a steady increments but wide gap still wide open, more ground works in concept and model development are still under develop. Among others a model of Ireland, Hitt and Sirmon (2003) proposed four dimensions (1) the entrepreneurial mindset, culture and leadership, (2) the strategic management of organizational resources, (3) application of creativity,and (4) development of innovation. Kyrgidou and Hughes (2010) critized the model as lacking in robustness as required in capturing the gestalt of SE. Supporting the argument were studies that suggested the model should uphold SE as broader in scope, multilevel and more dynamic compared to original conceptualization (Chiles, Bluedorn & Gupta, 2007; Hitt, Beamish, Jackson & Mathieu, 2007; Rindova, Barry & Ketchen, 2009). Recently, Hitt, et al. (2011) proposed input-processes-output model of SE that incoporate multilevel and broader domain, environmental influences, RO and three levels of outcome.
format	Research Reports
author	Awang, Amran Khalid, Shaiful Annuar Kassim, Azizan Selamat, Sarah Mardhiah Mohammad Nor, Azura Shukor, Najihah Shaari, Ahmad Zakhwan Firduase
author_facet	Awang, Amran Khalid, Shaiful Annuar Kassim, Azizan Selamat, Sarah Mardhiah Mohammad Nor, Azura Shukor, Najihah Shaari, Ahmad Zakhwan Firduase
author_sort	Awang, Amran
title	Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
title_short	Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
title_full	Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
title_fullStr	Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
title_full_unstemmed	Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]
title_sort	strategic entrepreneurship model for malaysian economic transformation programme / profesor madya dr amran awang, amp … [et al.]
publisher	Research Management Institute (RMI)
publishDate	2015
url	http://ir.uitm.edu.my/id/eprint/26227/ http://ir.uitm.edu.my/id/eprint/26227/1/LP_AMRAN%20AWANG%20RMI%2015_5.pdf
first_indexed	2023-09-18T23:16:27Z
last_indexed	2023-09-18T23:16:27Z
_version_	1777419143890337792

Strategic entrepreneurship model for Malaysian Economic Transformation Programme / Profesor Madya Dr Amran Awang, AMP … [et al.]

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