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Corporate Entrepreneurship: An Empirical Study of the Importance of Strategic Considerations in the Creation of Radical Innovation

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  • Astrid Heidemann Lassen

    (Aalborg University, Denmark)

Abstract

The recognition of the importance of entrepreneurial dynamics in corporate context is increasingly acknowledged in both entrepreneurship and strategic management literature, as firms today face a reality in which frame-breaking innovation is an important element of survival. From this understanding, the concept of Strategic Entrepreneurship (SE) has arisen, arguing a logic of focusing on the intersections between the two fields. This paper sets out to explore the SE construct empirically. Through seven case studies evolving around radical technological innovations, evidence is found of the importance of incorporation of strategic considerations taking place at several different levels of the organization, in order to obtain a desirable balance between entrepreneurial and strategic forces. An Integrative Model of Strategic Entrepreneurship is suggested based on this evidence.

Suggested Citation

  • Astrid Heidemann Lassen, 2007. "Corporate Entrepreneurship: An Empirical Study of the Importance of Strategic Considerations in the Creation of Radical Innovation," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(2), pages 109-131.
  • Handle: RePEc:mgt:youmgt:v:5:y:2007:i:2:p:109-131
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    File URL: http://www.fm-kp.si/zalozba/ISSN/1581-6311/5_109-131.pdf
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    References listed on IDEAS

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    1. James G. March, 1991. "Exploration and Exploitation in Organizational Learning," Organization Science, INFORMS, vol. 2(1), pages 71-87, February.
    2. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    3. Macmillan, Ian C. & Block, Zenas & Narasimha, P. N. Subba, 1986. "Corporate venturing: alternatives, obstacles encountered, and experience effects," Journal of Business Venturing, Elsevier, vol. 1(2), pages 177-191.
    4. Zahra, Shaker A., 1991. "Predictors and financial outcomes of corporate entrepreneurship: An exploratory study," Journal of Business Venturing, Elsevier, vol. 6(4), pages 259-285, July.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Adrian D. Tanţău & Nicolae Al. Pop & Daniela Hîncu & Laurenţiu Frăţilă, 2011. "The Positioning of Universities in Collaborative Models as Clusters in a Knowledge Based Economy," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 13(30), pages 555-564, June.
    2. Subhash C. Kundu & Divya Malhan, 2009. "HRM Practices in Insurance Companies: A Study of Indian and Multinational Companies," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 7(2), pages 191-215.

    More about this item

    Keywords

    strategic entrepreneurship; radical innovation; case studies;

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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