S TRATEG Y   JOURNAL OF SMALL BUSINESS  TABLE OF CONTENTS 1 Balancing Exploration and Exploitation in a Declining Industry: Antecedents to Firm Adaptation Strategy and Performance William J. Burpitt, Jr. Elon University Matthew Valle Elon University 18 Performance of Historically Underrepresented Firms in the Public-Private Sector Troy A. Voelker University of Houston Clear Lake William C. McDowell East Carolina University 39 The Effect of Early Internationalization on Survival Consistency, and Growth of Export Sales Jerzy Cieślik Kozminski University Eugene Kaciak Brock University Dianne H.B. Welsh University of North Carolina at Greensboro 65 What Attracts Directors to Boards of Small and Mid-Sized Companies? M. Alix Valenti University of Houston Clear Lake Clifton O. Mayfield University of Houston Clear Lake Rebecca A. Luce Xavier University 83 New Product Development Project Management: Differences Between Korean and U.S. Small Business Executives Daewoo Park Xavier University Ravi Chinta Xavier University Mina Lee Xavier University David Yi Xavier University 99 Book Review: Creating Entrepreneurs: Making Miracles Happen Edited by Fred Kiesner Reviewed by: Fred Fry Bradley University Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.