Factors Supporting Corporate Entrepreneurship: An Exploratory Study
VISION - The Journal of Business Perspective, Vol. 14, No. 3, July-September 2010
10 Pages Posted: 4 Jan 2011 Last revised: 9 Jun 2014
Date Written: July 1, 2010
Abstract
This study aims at exploring the factors supporting corporate entrepreneurship as perceived by the employees. A pool of variables was formed and refined using literature survey. The questionnaire designed from this pool was administered to the managers of three firms having a successful record of corporate entrepreneurship. The data analysis suggests four dimensions supporting corporate entrepreneurship - organisational system, team spirit, leaders' support and empowerment. The results further suggest that firms need not to overemphasize rewards and freedom to employee, rather strive to create a supportive organisational structure along with a collaborative work environment and support from leaders in the entrepreneurial initiatives. The implications of the study and future research directions are also discussed in this paper.
Keywords: Corporate Entrepreneurship, Organisational System, Entrepreneurship
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