Entrepreneurship is about vision and passion. New ideas that change industries. In 1967, Herb Kelleher founded Southwest Airlines. Prior to this, flying was a luxury and only those that were wealthy or traveling for business used airplanes. With the start of Southwest Airlines, the industry changed. Southwest Airlines decided to compete with cars and trains instead of other airlines. By cutting out all the extra expenses such as food, flying was made affordable for everyone. And today, Southwest Airlines is still one of the most profitable airlines. Herb’s entrepreneurial vision and smarts are reflected in the Center, both in name and spirit.
The Herb Kelleher Center for Entrepreneurship Growth and Renewal is not just about new ventures, it’s also about teaching, learning and researching entrepreneurship and business enterprise. The entrepreneurial research done at McCombs, by both McCombs faculty and faculty around the university enables companies in Texas and the nation to improve their course of action, advance company growth with more effective preparation and initiate renewal in mature companies that would otherwise languish.
Selected Faculty Publications: Entrepreneurship
Fetters, M., Greene, P., Rice, M., & Butler, J., 2010. The Development of University–based Entrepreneurship Ecosystems. Cheltenham, UK: Edward Elgar Publishing.
Butler, J., Morales, A., & Torres, D., 2010. An American Story: Mexican American Entrepreneurship and Wealth Creation. Ashland, OH: Purdue University Press.
Graebner, M., 2009. Caveat venditor: Trust asymmetries in acquisitions of entrepreneurial firms. Academy of Management Journal, 52: 435-472. [Recipient of Academy of Management Journal Best Paper Award for 2009].
Rindova, V., Barry, D., & Ketchen, D. 2009. Entrepreneuring as emancipation. Academy of Management Review, 34: 477- 491.
Pollock, T., Rindova, V. & Maggitti, P. 2008. Market watch: Information and availability cascades among the media and investors in the US IPO market. Academy of Management Journal, 51: 335-358. [Recipient of the Thought Leadership Award of the Entrepreneurship Division, Academy of Management Meetings, 2009]
Rindova, V., Petkova, A., & Kotha, S. 2007. Standing out: How new firms in emerging markets build reputation. Strategic Organization, 5: 31-70.
Butler, J., 2005. Entrepreneurship and Self-Help among Black Americans: A Reconsideration of Race and Economics. Albany, NY: State University of New York Press.
Graebner, M., & Eisenhardt, K., 2004. The seller’s side of the story: Acquisition as courtship and governance as syndicate in entrepreneurial firms. Administrative Science Quarterly, 49: 366-403.
Butler, J., & Kozmetsky, G., 2004. Immigrant and Minority Entrepreneurship. Westport, CA: Praeger.
Rhodes, R., & Butler, J. 2004. Understanding self-perceptions of business performance: An examination of black American entrepreneurs. Journal of Developmental Entrepreneurship, 9: 55-71.
Adams, R., 2002. A Good Hard Kick in the Ass: Basic Training for Entrepreneurs. New York, NY: Crown.
Kotha, S., Rindova, V., & Rothaermel, F., 2001. Assets and actions: Firm-specific factors in the internationalization of US Internet firms. Journal of International Business Studies, 32: 769-792.
Butler, J., & Herring, C. 1991. Ethnicity and entrepreneurship. Sociological Perspectives, 34: 79-94. [Chosen as one of the classic studies in entrepreneurship and reprinted in N. Krueger, 2003. Entrepreneurship: Critical Perspectives on Business Management. London: Routledge Press.
Selected Faculty Publications: Organizational Growth and Renewal
Adams, R., 2010. If You Build It Will They Come: Three Steps to Test and Validate Any Market Opportunity. Hoboken, NJ: Wiley.
Butler, J., 2010. Diffusion theory and technology transfer systems: An application of the IC2 model. In M. Rice, P. Green, & J. Butler, Comparative Business Eco-Systems. Boston: Elgar.
Ahuja, G., Polidoro, F., & Mitchell, W., 2009. Structural homophily or social asymmetry? The formation of alliances by poorly embedded firms. Strategic Management Journal, 30: 941-958.
Burris, E., Rodgers, M., Mannix, E., Hendron, M., & Oldroyd, J., 2009. Playing favorites: The influence of leaders’ inner circle on group processes and performance. Personality and Social Psychology Bulletin, 35: 1244-1257.
Polidoro, F., & Theeke, M., 2009. Technological competition and knowledge disclosure: A study of firms’ scientific publications. Academy of Management Best Paper Proceedings.
Burris, E., Detert, J., & Chiaburu, D., 2008. Quitting before leaving: The mediating effects of psychological attachment and detachment on voice. Journal of Applied Psychology, 95: 912-922.
Rindova, V., & Petkova, A., 2007. When is a new thing a good thing? Technological change, product form design, and perceptions of value for product innovations. Organization Science, 18: 217-232.
Detert, J., & Burris, E., 2007. Leadership influences on employee voice behavior: Is the door really open? Academy of Management Journal, 50: 869-884.
Hirst, D., & McAnally, M., 2005. Cases in Financial Reporting. Upper Saddle River, NJ: Prentice Hall.
Graebner, M., 2004. Momentum and serendipity: How acquired leaders create value in the integration of technology firms. Strategic Management Journal, 25: 751-777.
Rindova, V., Becerra, M., & Contrado, I., 2004. Enacting competitive wars: Actions, language games, and market consequences. Academy of Management Review, 29: 670-687.
Rindova, V., & Kotha, S., 2001. Continuous morphing: Competing through dynamic capabilities, form, and function. Academy of Management Journal, 44: 1263-1280.
Eisenhardt, K., & Martin, J., 2000. Dynamic capabilities: What are they? Strategic Management Journal, 21: 1105-1121.
The Herb Kelleher Center’s influence reaches far beyond the McCombs school of business. we sponsor pioneering research by doctoral students who will become the next generation of entrepreneurship and innovation scholars. doctoral students supported by the herb Kelleher center have gone on to teach at prestigious universities in the US and abroad. here is a sample of our students’ leading-edge dissertation research:
The Downside of Repeated Ties: Syndicated Venture Capital Investments – Poonam Khanna
The Joint-Venture Paradox: Parent-firm Characteristics, Social Cues, and Joint Venture Performance – Ithai Stern
Determinants and Consequences of Board-Level Human and Social Capital – Steven Boivie
A Study of Controversial Organizational Action: Organizational Action and Audience Reaction in the Context of Financial Restatement – Donald Lange
The Tao of Competition in Organizations: Culture and Categorization of Competitive Behaviors in Teams and Working Relationships – Josh Keller
Organizations and Ethics: Organizational Responses to Institutional Waves – David Chandler