Drucker (1994) made an important contribution to the theoretical construct of entrepreneurship in large organizations when he referred to "corporate entrepreneurship" or "intrapreneurship". In the present study, entrepreneurship includes corporate entrepreneurship and intrapreneurship. Corporate entrepreneurship can be used to improve competitive positioning and transform corporations, their markets and industries, as opportunities for value-creating innovations are developed and exploited (Lumpkin & Dess, 1996; Miller, 1983; Naman & Slevin, 1993). Antoncic and Hisrich (2003) argued that intrapreneurship goes on within organizations, regardless of their size. Intrapreneurship research has studied the individual intrapreneur, the formation of new corporate ventures and the characteristics of entrepreneurial organization (Antoncic & Hisrich, 2003). There is a firmly established empirical base for claiming the effectiveness of corporate entrepreneurship (Lumpkin & Dess, 1996; Zahra & Covin, 1995). Corporate entrepreneurship rejuvenates and reengineers corporate growth through innovations in various forms.
Source: Maximum business profit through E-Partnership
No comments:
Post a Comment