Firms need both diversity and order in strategy for their continued survival. Corporate entrepreneurship is the process through which organizations turn diversity, autonomously generated by their entrepreneurial operational level participants, into extended order. Middle management plays a key role in this process of experimentation-and-selection. Corporate entrepreneurship cannot be subsumed under strategic planning approaches, and top management’s strategic vision corresponds to the results of corporate entrepreneurship only ex post. The theory and practice of strategic management should incorporate knowledge and skills to exploit and maintain a process of experimentation-and-selection in the organization.
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Faculty
- Academic Areas
- Awards & Honors
- Seminars
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Conferences
- Accounting Summer Camp
- California Econometrics Conference
- California Quantitative Marketing PhD Conference
- California School Conference
- China India Insights Conference
- Homo economicus, Evolving
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Initiative on Business and Environmental Sustainability
- Political Economics (2023–24)
- Scaling Geologic Storage of CO2 (2023–24)
- A Resilient Pacific: Building Connections, Envisioning Solutions
- Adaptation and Innovation
- Changing Climate
- Civil Society
- Climate Impact Summit
- Climate Science
- Corporate Carbon Disclosures
- Earth’s Seafloor
- Environmental Justice
- Finance
- Marketing
- Operations and Information Technology
- Organizations
- Sustainability Reporting and Control
- Taking the Pulse of the Planet
- Urban Infrastructure
- Watershed Restoration
- Junior Faculty Workshop on Financial Regulation and Banking
- Ken Singleton Celebration
- Marketing Camp
- Quantitative Marketing PhD Alumni Conference
- Rising Scholars Conference
- Theory and Inference in Accounting Research
- Voices
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- Working Papers
- Case Studies
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Research Labs & Initiatives
- Cities, Housing & Society Lab
- Corporate Governance Research Initiative
- Corporations and Society Initiative
- Golub Capital Social Impact Lab
- Policy and Innovation Initiative
- Rapid Decarbonization Initiative
- Stanford Latino Entrepreneurship Initiative
- Value Chain Innovation Initiative
- Venture Capital Initiative
- Behavioral Lab
- Data, Analytics & Research Computing