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Featured researches published by David M. Townsend.


Journal of Social Entrepreneurship | 2016

The Emergence of Dual-Identity Social Entrepreneurship: Its Boundaries and Limitations

Lowell W. Busenitz; Mark P. Sharfman; David M. Townsend; Jason Harkins

Abstract This paper delineates the conceptual domain of dual-identity social entrepreneurship (DISE) and grounds its components theoretically. DISE entails the creation of ventures whose business model is designed by individual founders to create demonstrable and continued public value from strategic actions while simultaneously creating continued economic value. Because the growing interest in social entrepreneurship spans academic areas, boundaries are established among DISE and four related areas: i.e. conventional entrepreneurship, non-governmental organizations which engage in economic transactions, individual social activism, and corporate social performance. This paper proposes key research questions, discusses the conceptualizations theoretical implications and provides a research agenda.


Entrepreneurship Theory and Practice | 2018

Bringing It All Back Home: Corporate Venturing and Renewal through Spin-ins:

Richard A. Hunt; David M. Townsend; Elham Asgari; Daniel A. Lerner

More often than not, corporate acquisitions are expensive and difficult, especially those transacted for the purpose of advancing the aims of corporate entrepreneurship (CE). Motivated by frequent, high-cost failures, firms are experimenting with novel organizational structures and fresh approaches to acquisition-driven CE. In this study, we examine the effectiveness of corporate spin-ins—acquisitions in which the acquired company is founded by former employees of the acquiring firm—in resolving key challenges of CE-motivated acquisitions Using a matched pairwise dataset of spin-in and non-spin-in acquisitions, we discover that spin-ins generate superior outcomes, positioning them as a high-potential facet of CE portfolios.


Academy of Management Proceedings | 2018

Re-Imagining Rural Entrepreneurship: Towards a Multi-Paradigm Research Agenda

Alex Naar; David M. Townsend; Richard A. Hunt

The evolving face and function of rural entrepreneurship has out-stripped existing efforts to define, describe and predict important entrepreneurial phenomena in the domain. This is problematic for...


Journal of Business Venturing | 2010

To Start or Not to Start: Outcome and Ability Expectations in the Decision To Start a New Venture

David M. Townsend; Lowell W. Busenitz; Jonathan D. Arthurs


Journal of Business Venturing | 2015

Turning water into wine? Exploring the role of dynamic capabilities in early-stage capitalization processes

David M. Townsend; Lowell W. Busenitz


Academy of Management Proceedings | 2005

CLAIRVOYANCE OR SOMETHING SINISTER: A MODEL OF MARKET INSIGHTS AND OPPORTUNITY RECOGNITION.

David M. Townsend; Jason Harkins


Strategic Management Journal | 2016

Performance deviations and acquisition premiums: The impact of CEO celebrity on managerial risk‐taking

Sam Yul Cho; Jonathan D. Arthurs; David M. Townsend; Douglas R. Miller; Jeffrey Q. Barden


The Academy of Management Annals | 2018

Uncertainty, Knowledge Problems, and Entrepreneurial Action

David M. Townsend; Richard A. Hunt; Jeffery S. McMullen; Saras D. Sarasvathy


Academy of Management Proceedings | 2018

Heroic Action and the Problem of Emergence:An Analytical Approach to Entrepreneurial Action Theory

David M. Townsend; Richard A. Hunt


Academy of Management Proceedings | 2016

Power Games: Soft Power and Constraint Mitigation in Brokered Financial Transactions

David M. Townsend; Nari Kim; Gilsoo Lee; Sam Yul Cho; Jonathan D. Arthurs

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Sam Yul Cho

Oregon State University

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Douglas R. Miller

Virginia Commonwealth University

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Gilsoo Lee

Oregon State University

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Jeffery S. McMullen

Indiana University Bloomington

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