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Siri Terjesen and Hezun Li

This chapter reviews American University Center for Innovation (AUCI)’s award-winning curriculum, incubator, research, and other programming. AUCI curricula include general education courses, as well as an undergraduate minor and specialization and graduate specialization and certificate, available to students across campus. The AUCI Incubator helps students and recently graduated alumni develop and stabilize early-stage ventures. AUCI’s impactful research and thought leadership focuses on entrepreneurship theory, practice, and pedagogy. AUCI maintains a broad range of strategic partnerships with local, national, and foreign governments, public and private corporations, non-profits, and think tanks. The chapter concludes with a discussion of AUCI’s historical roots and connection to local and global communities.

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Hezun Li, Timurs Uman and Siri Terjesen

Corporate governance of entrepreneurial firms comprises mechanisms through which directors, shareholders, entrepreneurs, and top management teams are involved with start-ups. On the basis of a literature review, we identify three interrelated themes frequently discussed by previous empirical studies: (1) the role of key stakeholders (e.g. directors, venture capitalists, and entrepreneurs), (2) governance process (e.g. social networking and strategic decision making), and (3) outcomes of corporate governance (innovation, growth, and internationalization). We augment previous studies’ investigations of various stakeholders’ roles in corporate governance, by examining the relationships and interactions among various stakeholders or groups of stakeholders, especially between boards and top management teams. We conclude by proposing how future research can explore the effect of interactions between board of directors and top management teams on organizational outcomes.