Lowell Busenitz

Professor and Puterbaugh Chair in American Enterprise
Academic Director - Center for Entrepreneurship
Address University of Oklahoma
Price College of Business
Division of Management
307 W. Brooks, Room 206
Norman, OK 73019-4006
Office AH, Room 6H
Contact (405) 325-2653
E-mail busenitz@ou.edu
 
Professor Busenitz received his PhD in strategic management from Texas A & M University.  He served on the faculty at the University of Houston before joining OU in the Price College of Business.  He teaches entrepreneurship and strategic management courses courses for undergraduate, masters and doctoral students.  His research has appeared in the leading journals in management and entrepreneurship.  He serves on the editorial review boards of some of the top management and entrepreneurship journals.  In addition to his journal publications and review work, Dr. Busenitz is a frequent presenter at major conferences both in the US and internationally.

Dr. Busenitz is the co-founder of the Center for Entrepreneurship in the Price College of Business.  He also played an instrumental role in the development of the undergraduate entrepreneurship major and the MBA entrepreneurship concentration.  Not only has Lowell been key to our formal curriculum initiatives but his leadership as faculty advisor in the Oklahoma Governor’s Cup Business Plan competition has been noteworthy as well.  His student teams at both the undergraduate and MBA levels have received multiple 1st, 2nd and 3rd place awards over the past three years.

“In teaching entrepreneurship, my greatest privilege is helping students design businesses that are a reflection of their talents and passions.”

Courses: • Business Plan ENT 4603  
  • Business Strategy and Policy B Ad 4013  
  • Strategic Management B Ad 5313  
  • Strategic Business Plan ENT 5113  

Research:

Professor Busenitz' areas of research include entrepreneurial decision making, entrepreneurial capabilities and their sources of competitive advantage, the relationship between venture capitalists and the entrepreneurs they fund, and social entrepreneurship.  He has published over 25 research articles on entrepreneurship and venture capital, several book chapters and he has co-authored the book series Venture Capital volumes 1-3. 

The journals in which he has published include:  Academy of Management Journal, Academy of Management Review, Journal of Business Venturing, Entrepreneurship Theory and Practice, Academy of Management Executive, Journal of Management, Venture Capital:  An International Journal of Entrepreneurial Finance, and Managerial Finance.  He has also won best paper awards at the Academy of Management and the Babson Entrepreneurship Research conferences.  He serves on the editorial boards of Journal of Business Venturing, Entrepreneurship Theory and Practice, Journal of Management, and Venture Capital:  An International Journal of Entrepreneurial Finance .  Before pursuing his academic career, he founded and managed his own business and remains involved in private business.

 

Business Press Articles:

 

Research Articles In Press:   

 

Selected Research Articles:

Busenitz, L.W., Fiet, J.O., and Moesel, D.D.  2004.  Reconsidering the venture capitalists’ “value added” proposition:  An interorganizational learning perspective.  Journal of Business Venturing, 19(6):  787-807.

Morrow, J.L., Johnson, R.A., and Busenitz, L.W.  2004.  The effects of cost and asset retrenchment on firm performance:  the overlooked role of a firm’s competitive environment.  Journal of Management, 30(2):  189-208.

Arthurs, J., and Busenitz, L.W.  2003.  The boundaries and limitations of agency theory and stewardship theory in the venture capitalist / entrepreneur relationship.  Entrepreneurship Theory and Practice, 28(2):  145-162.

 Birmingham, C., Busenitz, L., and Arthurs, J.  2003. The escalation of commitment by venture capitalists in reinvestment decisionsVenture Capital:  An International Journal of Entrepreneurial Finance, 5(3):  218-230. 

Busenitz, L.W., West, P., Shepherd, D., Nelson, T., Zacharakis, A., and Chandler, G.  2003.  Entrepreneurship in emergence: Past trends and future directionsJournal of Management, 29(3):  285-308.  

Mitchell, R.K., Busenitz, L.W., Lant, T., McDougall, P.P., Morse, E.A., Smith, J.B.  2002.  Toward a theory of entrepreneurial cognition:  Rethinking the people side of entrepreneurship research.  Entrepreneurship Theory and Practice, 27(2): 93-104.  

Alvarez, S.A. and Busenitz, L.W.  2001.  A resource-based theory of entrepreneurshipJournal of Management, 27:  755-775.  

Busenitz, L.W., Gomez, C., and Spencer, J.  2000.  Country institutional profiles:  Unlocking entrepreneurial phenomena.  Academy of Management Journal, 43(5):  994-1003. 

Wright, M., Hoskisson, R.E., Busenitz, L.W., and Dial, J.  2000. Entrepreneurial growth through privatizations:  The upside of management buyouts. Academy of Management Review, 25(3):  591-601.

 Busenitz, L.W., and Barney, J.B.  1997.  Differences between entrepreneurs and managers in large organizations:  Biases and heuristics in strategic decision makingJournal of Business Venturing, 12(1):  9-30. 

Fiet, J.O., Busenitz, L.W., Moesel, D.D. and Barney, J.B.  1997.  Complementary theoretical perspectives on the dismissal of new venture team members. Journal of Business Venturing, 12:  347-66. 

Busenitz, L.W.  1996.  Research on entrepreneurial alertness:  Sampling, measurement, and theoretical issues.  Journal of Small Business Management, 34(4):  35-44.

Full  Vita

 

 

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