Corporate Entrepreneurship

Corporate Entrepreneurship Corporate Entrepreneurship can be seen as the offset whereby an individual or a group creates a new venture within an existing organization, revitalizes and renews an organization ,or innovates. Zahras(1986) definition of incarnate entrepreneurship suggests aformal or informal activity aimed at creating new headachees in established firms through product and process innovations and market developments,whereas sathe(1985) defines integrated entrepreneurship as a process of organizational renewal. Corporate Entrepreneurship has emerged as a much needed ingredient contributing towards the yield of any organization under a changing business environment. Corporate entrepreneurship (CE) is widely considered as a vital office to stimulate and sustain the overall competitiveness of an organization. Both practitioners and researchers direct recognized the challenges of pursuing entrepreneurship within a corporation. CE is the solving of the joint activities of an organizations members, activities that pursue strategic objectives and bring up strategic roles. Thus, to face the challenges that CE poses for both theory and work we need to advance our understanding of the activities and strategic roles involved in the CE process and their implications for performance.

While strategic roles have been extensively studied, well-nigh studies analyze the strategic role of top managers and usher out the contribution of put managers. Moreover, while there is a increase body of empirical evidence of a positive kinship between CE initiatives and performance, little research emphasizes the contribution of middle managers strategic roles to superior performance. Innovation and entrepreneurship are often regarded as overlapping concepts. This can be traced back to probably the most well known definition of entrepreneurship, by Schumpeter (1934: 74), who defines entrepreneurs as individuals that stockpile out new combinations (i.e. innovations). Schumpeter... If you want to get a just essay, order it on our website: Orderessay

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