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Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/26133
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dc.contributor.authorGali, N-
dc.contributor.authorHughes, M-
dc.contributor.authorMorgan, R-
dc.contributor.authorWang, C-
dc.date.accessioned2023-03-13T14:49:37Z-
dc.date.available2023-03-13T14:49:37Z-
dc.date.issued2023-02-27-
dc.identifierORCID iD: Nazha Gali https://orcid.org/0000-0002-0525-0629-
dc.identifierORCID iD: Mathew (Mat) Hughes https://orcid.org/0000-0001-6859-558X-
dc.identifierORCID iD: Catherine L. Wang https://orcid.org/0000-0003-4816-8462-
dc.identifier.citationGali, N. et al. (2023) 'Entrepreneurial Entropy: A Resource Exhaustion Theory of Firm Failure From Entrepreneurial Orientation', Entrepreneurship: Theory and Practice, 48 (1), pp. 141 - 170. doi: 10.1177/10422587231151957.en_US
dc.identifier.issn1042-2587-
dc.identifier.urihttps://bura.brunel.ac.uk/handle/2438/26133-
dc.descriptionSupplementary Material: available online at: https://journals.sagepub.com/doi/10.1177/10422587231151957#supplementary-materials .-
dc.description.abstractCopyright © The Author(s) 2023. Entrepreneurial orientation (EO) can generate substantial gains and losses, exhausting firm resources and straining a firm’s ability to sustain its activities. We develop and test a resource exhaustion theory of firm failure, conceptualizing conditions under which EO increases the risk of firm failure by generating unsustainable amounts of entrepreneurial entropy. Using panel data on 804 large U.S. high-technology firms over 18 years, we find that EO increases the risk of firm failure, which is mediated by the lack of organizational resource slack. An abrupt change in EO increases the risk of firm failure, especially among underperforming firmsen_US
dc.description.sponsorshipThe author(s) received no financial support for the research, authorship, and/or publication of this article.en_US
dc.format.extent141 - 170-
dc.format.mediumPrint-Electronic-
dc.language.isoen_USen_US
dc.publisherSAGE Publicationsen_US
dc.rightsCopyright © The Author(s) 2023. This is the author’s version of the work. It is posted here by permission of SAGE Publications for personal use, not for redistribution. The definitive version was published in Gali, N., Hughes, M. (Mat), Morgan, R. E., & Wang, C. L. (2023). Entrepreneurial Entropy: A Resource Exhaustion Theory of Firm Failure From Entrepreneurial Orientation. Entrepreneurship Theory and Practice, 48(1). pp. 141 - 170. DOI: 10.1177/10422587231151957 (See: https://sagepub.com/journals-permissions).-
dc.rights.urihttps://sagepub.com/journals-permissions-
dc.subjectresource exhaustion theoryen_US
dc.subjectentrepreneurial orientationen_US
dc.subjectfirm failureen_US
dc.subjectentropyen_US
dc.subjectchange in EOen_US
dc.subjectorganizational resource slacken_US
dc.subjectliquidityen_US
dc.subjectunderperformanceen_US
dc.subjectsurvival biasen_US
dc.subjectasset specificityen_US
dc.subjectpacingen_US
dc.titleEntrepreneurial Entropy: A Resource Exhaustion Theory of Firm Failure From Entrepreneurial Orientationen_US
dc.typeArticleen_US
dc.identifier.doihttps://doi.org/10.1177/10422587231151957-
dc.relation.isPartOfEntrepreneurship: Theory and Practice-
pubs.issue1-
pubs.publication-statusPublished online-
pubs.volume48-
dc.identifier.eissn1540-6520-
dc.rights.holderThe Author(s)-
Appears in Collections:Brunel Business School Research Papers

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