In 1999, MCI WorldComm and Sprint agreed to merge. Valued at $129 billion, this expected transaction was the largest in history. However, it fell victim to regulators in Europe concerned with the potential monopoly power of the merged firm. This M&A action was merely the latest in a growing trend of "blockbuster" mergers over the past several years. Once a phenomenon seen primarily in the United States, mergers and acquisitions are increasingly being pursued across national boundaries. In short, acquisition strategies are among the most important corporate-level strategies in the new...

This new volume in the Blackwell Encyclopedia of Management volume set: The Blackwell Encyclopedia of Entrepreneurship, especially commissioned for the second edition from editors Michael A. Hitt and R. Duane Ireland, charts the key concepts and frameworks in the expanding field of Entrepreneurship.

• A brand new, state-of-the-art volume in the growing field of Entrepreneurship;
  
• Features 90 important entrepreneurship concepts written by 110 international contributors;
  
• Charts the key concepts and frameworks of the field,...