Clarifying the domains of corporate entrepreneurship
- PDF / 239,429 Bytes
- 13 Pages / 439.37 x 666.142 pts Page_size
- 10 Downloads / 332 Views
Clarifying the domains of corporate entrepreneurship Donald F. Kuratko & David B. Audretsch
# Springer Science+Business Media New York 2013
Abstract While there is a broadly held belief in the need for and inherent value of entrepreneurial action on the part of established organizations, much remains to be revealed about how corporate entrepreneurship (CE) is defined in organizational settings. Fortunately, knowledge accumulation on the topic has been occurring at a rapid rate and many of the elements essential to constructing a theoretically grounded understanding of CE can be readily identified from the extant literature. Corporate entrepreneurship may possess the critical components needed for the future productivity of global organizations. However, it is a far reaching concept that encompasses differing aspects and as research continues to increase in this field a stronger perspective of what constitutes corporate entrepreneurship needs to be examined. Our purpose in this article is to outline the various domains that currently exist in the research arena of corporate entrepreneurship. Exploring these domains and gaining a sharper focus on the corporate entrepreneurship process may be a most important step for scholars interested in moving the field forward. Keywords Corporate entrepreneurship . Corporate venturing . Strategic entrepreneurship
Introduction The global economy has caused a realization that corporate entrepreneurship (CE) may be the most effective method to achieve high levels of organizational performance (Garvin and Levesque 2006; Kuratko 2009; Morris et al. 2011). Researchers continue to examine corporate entrepreneurship as important potential growth strategy (Lin and Lee 2011; Goodale et al. 2011). The understanding of what comprises corporate entrepreneurship for valid and effective research has real and tangible benefits for D. F. Kuratko (*) : D. B. Audretsch Kelley School of Business, Indiana University, Bloomington, IN, USA e-mail: [email protected]
Int Entrep Manag J
emerging scholars as this area of research will continue to flourish. As Ireland et al. (2006a, b) pointed out, firms increasingly rely on corporate entrepreneurship to simultaneously develop and nurture today’s and tomorrow’s competitive advantages, and in particular those that are grounded in innovation. Over the years research has shown that corporate entrepreneurship (CE) is initiated in established organizations for a host of purposes, including those of profitability (Vozikis et al. 1999; Zahra 1993), strategic renewal (Guth and Ginsberg 1990), innovativeness (Baden-Fuller 1995), gaining knowledge to develop future revenue streams (McGrath et al. 1994), international success (Birkinshaw 1997), and the effective configuration of resources as the pathway to developing competitive advantages (Borch et al. 1999; Covin and Miles 1999; Covin et al. 2000; Ireland et al. 2003b; Kuratko et al. 2009). Regardless of the reason the firm decides to engage in CE, it has become a major focus of research (Kuratko et al. 201
Data Loading...
