Companies can encourage innovation by allowing the intrapreneur to remain involved with his or her project, recognizing and rewarding successful ideas, and improving communication within the organization so that people with new ideas have access to the corporate decision makers
Saturday, April 19, 2008
Lumpkin and Dess Intrapreneurship model
As depicted in Figure 2.5, Lumpkin and Dess (1996) present an alternative intrapreneurship model which describes intrapreneurial behaviour in terms of five dimensions: autonomy; innovativeness; risk taking; proactiveness; and competitive aggressiveness. According to Lumpkin and Dess (1996), intrapreneurial behaviour refers to the processes, practices and decision-making activities that lead to entering new markets with existing or new goods and services. In this context, a new entry is the idea that underlies the concept of intrapreneurship (Adonisi, 2003: 47). Key dimensions that characterise intrapreneurial behaviour include a propensity to act autonomously, and a willingness to innovate and take opportunities (Lumpkin & Dess, 1996).
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