Corporate Entrepreneurship

Entrepreneurship and Corporate Governance

This paper explores the relationship between the theory of the firm and the theory of financial markets. I begin with Mises’s claim that the defining feature of an industrialized, market economy is the use of financial markets to allocate capital among firms and among industries. This presupposes a market for the ownership and control of productive assets. Unfortunately, the Austrian theory of ...

Corporate Entrepreneurship: How?

Corporate Entrepreneurship and Creation of Value

It has increasingly been recognized that appropriate theory based measures are required in entrepreneurial research (Smith, Gannon, & Sapienza, 1989). However to date, the study of corporate entrepreneurship (CE) has principally used input-based measures such as accounting results, which may not provide an accurate picture of the firm’s performance. This study advances the output-based measure ...

Corporate Entrepreneurship: a Strategic and Structural Perspective

Recently there has been a growing interest in the use of corporate entrepreneurship as a means for corporations to enhance the innovative abilities of their employees and, at the same time, increase corporate success through the creation of new corporate ventures. However, the creation of corporate activity is difficult since it involves radically changing internal organisational behaviour patt...

Meeting the challenge of corporate entrepreneurship.

To be competitive, companies must grow innovative new businesses. Corporate entrepreneurship, however, isn't easy. New ventures face innumerable barriers and seldom mesh smoothly with well-established systems, processes, and cultures. Nonetheless, success requires a balance of old and new organizational traits-and unless companies keep those opposing forces in equilibrium, their new businesses ...