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Risk Taking In Intrapreneurship: Translating The Individual Level Risk Aversion Into The Organizational Risk Taking

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  • BOSTJAN ANTONCIC

    (Faculty of Economics, University of Ljubljana, Slovenia)

Abstract

Risk taking is important for entrepreneurship in existing organizations (intrapreneurship). This study contributes to intrapreneurship theory by explaining a paradoxical nature of translation of individual level risk aversion into organizational level risk taking behavior. A model for examination of this risk taking paradox in intrapreneurship is developed on the basis of intrapreneurship "theory," theory of planned behavior, prospect theory, agency theory and organizational culture perspective. A set of propositions is developed linking risk-related cognitions, behaviors and their antecedents. A model of risk taking in intrapreneurship is discussed here on the basis of propositions, and implications for research and practice.

Suggested Citation

  • Bostjan Antoncic, 2003. "Risk Taking In Intrapreneurship: Translating The Individual Level Risk Aversion Into The Organizational Risk Taking," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 1-23.
    • Handle: RePEc:wsi:jecxxx:v:11:y:2003:i:01:n:s0218495803000020
    DOI: 10.1142/S0218495803000020
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    References listed on IDEAS

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    1. Kanter, Rosabeth Moss & Richardson, Lisa & North, Jeffrey & Morgan, Erika, 1991. "Engines of progress: Designing and running entrepreneurial vehicles in established companies; The new venture process at Eastman Kodak, 1983-1989," Journal of Business Venturing, Elsevier, vol. 6(1), pages 63-82, January.
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    Citations

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    Cited by:

    1. Maria Claudia Angel Ferrero & Véronique Bessière, 2016. "From Lab to Venture: Cognitive Factors Influencing Researchers' Decision to Start a Venture," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 101-131, June.
    2. Annamária Dézsi-Benyovszki & Tünde Petra Szabó, 2017. "Intrapreneurs and Entrepreneurs – Do They Differ in Romania?," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 67(1), pages 43-61, March.
    3. Messikh Ayoub, 2022. "Does Entrepreneurial Risk-Taking Affect the Business Performance of Micro-Enterprises? Evidence from Skikda in Algeria," Naše gospodarstvo/Our economy, Sciendo, vol. 68(2), pages 65-77, June.
    4. Erik Monsen & Holger Patzelt & Todd Saxton, 2010. "Beyond Simple Utility: Incentive Design and Trade–Offs for Corporate Employee–Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 34(1), pages 105-130, January.
    5. Chan Yang & Xiaogang He & Xiaoyan Wang & Jinjun Nie, 2022. "The Influence of Family Social Status on Farmer Entrepreneurship: Empirical Analysis Based on Thousand Villages Survey in China," Sustainability, MDPI, vol. 14(14), pages 1-27, July.
    6. Aloña Martiarena, 2013. "What’s so entrepreneurial about intrapreneurs?," Small Business Economics, Springer, vol. 40(1), pages 27-39, January.
    7. Thandiwe Marethabile Letsie, 2019. "Transforming South African Public Hospitals Through Intrapreneurship Practice: Views of Unit Nurse Managers Regarding Their Potential Contribution," Global Journal of Health Science, Canadian Center of Science and Education, vol. 11(12), pages 198-198, November.
    8. Yang, Man, 2018. "International entrepreneurial marketing strategies of MNCs: Bricolage as practiced by marketing managers," International Business Review, Elsevier, vol. 27(5), pages 1045-1056.
    9. R. Duane Ireland & Jeffrey G. Covin & Donald F. Kuratko, 2009. "Conceptualizing Corporate Entrepreneurship Strategy," Entrepreneurship Theory and Practice, , vol. 33(1), pages 19-46, January.
    10. Mohd Nor Hakimin Bin Yusoff & Fakhrul Anwar Zainol & Mohammad Ismail & Razman Hafifi Redzuan & Rooshihan Merican Abdul Rahim Merican & Muhammad Ashlyzan Razik & Asyraf Afthanorhan, 2021. "The Role of Government Financial Support Programmes, Risk-Taking Propensity, and Self-Confidence on Propensity in Business Ventures," Sustainability, MDPI, vol. 13(1), pages 1-16, January.
    11. Erik Monsen & R. Wayne Boss, 2009. "The Impact of Strategic Entrepreneurship inside the Organization: Examining Job Stress and Employee Retention," Entrepreneurship Theory and Practice, , vol. 33(1), pages 71-104, January.
    12. Rusdiaman Rauf & Amiruddin Tawe & Muhammad Rakib, 2017. "The Work Performance Analysis of Sea Fishing in Kolaka Regency," International Review of Management and Marketing, Econjournals, vol. 7(1), pages 433-441.
    13. Jasna Auer Antoncic & Bostjan Antoncic & Matjaz Gantar & Robert D. Hisrich & Lawrence J. Marks & Alexandre A. Bachkirov & Zhaoyang Li & Pierre Polzin & Jose L. Borges & Antonio Coelho & Marja-Liisa Ka, 2018. "Risk-Taking Propensity and Entrepreneurship: The Role of Power Distance," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 26(01), pages 1-26, March.
    14. R. Lamadrid & A. Heene & X. Gellynck, 2008. "Rewiring Business Firms through an Entrepreneurial-Oriented Strategy Making," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 08/499, Ghent University, Faculty of Economics and Business Administration.
    15. Christopher Arz, 2017. "Mechanisms of Organizational Culture for Fostering Corporate Entrepreneurship: A Systematic Review and Research Agenda," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 25(04), pages 361-409, December.
    16. Annamaria Di Fabio & Donald H. Saklofske, 2019. "The Contributions of Personality Traits and Emotional Intelligence to Intrapreneurial Self-Capital: Key Resources for Sustainability and Sustainable Development," Sustainability, MDPI, vol. 11(5), pages 1-14, February.
    17. Luc Phan Tan & Lan Xuan Pham & Trang Thanh Bui, 2021. "Personality Traits and Social Entrepreneurial Intention: The Mediating Effect of Perceived Desirability and Perceived Feasibility," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 30(1), pages 56-80, March.
    18. Su Kun & Liu Heng, 2019. "The Effect of Interlocking Director Network on Corporate Risk Taking: Lessons from China," Entrepreneurship Research Journal, De Gruyter, vol. 9(1), pages 1-21, January.

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