At the start of the 1980s, entrepreneurship was, at best, a potentially promising field of scholarly
inquiry. However, by the end of that decade, due primarily to impressive advances in its …

In the past two decades the concept of organizational strategy has emerged as one of the
cornerstones of both management theory and practice. During the period, numerous papers, …

This article examines the determinants of new venture performance. Specifically, it rejects
the traditional academic model of new venture performance, which argues that success is …

Turnaround Strategies Page 1 TURNAROUND STRATEGIES Charles W. Hofer No matter
what the state of the economy, no company is immune from internal hard times—stagnation or …

What criteria do venture capitalists use to make venture investment decisions? The criteria
venture capitalists use to make their venture investment decisions are of interest for several …

… of Business under the supervision of Dr Charles W. Hofer over a period of 20 years that won
… The purpose of the initial dissertations done under Hofer’s supervision was to try to identify …

This article argues that new venture formation is a special case of strategic management
theory. Thus, Sandberg & Hofer's (1987) model of new venture performance, which states that …

… Hofer and Schendel also stated that business strategies consist of three interrelated
substrategies: (a) investment, (b) competitive, and (c) political. When we develop a business …

Increasingly academics, practitioners, and government officials are becoming aware of the
significant impact that successful new ventures have on the basic economic health and fabric …

In''Theorizing About Entrepreneurship,''we noted that one of the major challenges facing
entrepreneurship researchers in the 1990s" is to develop models and theories built on solid …