Managerial Theories

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Managerial Entrepreneurship Course

Mastering strategic frameworks, resource allocation, and organizational dynamics.

Module 1: Strategic Foundations & Resources

• UNIT 1 Barney's Resource-Based Theory
• UNIT 2 Dynamic Capabilities Theory
• UNIT 3 Knowledge Spillover Theory
• UNIT 4 Information Asymmetry Theory

Module 2: Governance & Leadership

• UNIT 5 Stewardship Theory
• UNIT 6 Upper Echelons Theory
• UNIT 7 Stakeholder Theory
• UNIT 8 Strategic Disagreements Theory

Module 3: Competitive Strategy & Positioning

• UNIT 9 First Mover Advantage Theory
• UNIT 10 Entrepreneurial Orientation
• UNIT 11 Contingency Theory
• UNIT 12 Individual Ambidexterity

Module 4: Innovation & Structural Change

• UNIT 13 Competence Destruction Theory
• UNIT 14 Architectural Innovation
• UNIT 15 Business Model Innovation
• UNIT 16 Corporate Spin-Off (Structural Theory)

Managerial Theories Interactive Quiz

1. According to Barney's Resource-Based Theory, what attributes must a resource have for competitive advantage? Inexpensive and abundant Valuable, Rare, Inimitable, and Non-substitutable (VRIN) High visibility and ease of imitation

2. Which theory views managers as "stewards" who align with the organization's goals? Agency Theory Stewardship Theory Contingency Theory

3. Upper Echelons Theory argues that firm outcomes are a reflection of: The values and cognitive bases of top management Government regulations only Low-level staff feedback

4. Knowledge Spillover Theory focuses on: Exploiting ideas ignored or undervalued by existing firms Preventing knowledge from leaving the firm

5. Individual Ambidexterity in entrepreneurship means balancing: Exploration and exploitation Marketing and Sales departments

6. When a new innovation makes existing skills obsolete, it is called: Competence Destruction Architectural Innovation

7. Information Asymmetry refers to the gap between: Knowledge held by the entrepreneur vs. the investor Different social media platforms

Remedial Reading: