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The importance of opportunity recognition behaviour and motivators of employees when engaged in corporate entrepreneurship

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  • Boris Urban
  • Eric Wood

Abstract

Organisational innovation depends on individuals and managers fostering and maintaining the innovative capacities of the firm, where opportunity recognition is important for promoting corporate entrepreneurship. The study is unique in its focus on understanding opportunity recognition behaviours and motivators of employees and how these perceptions may influence corporate entrepreneurial activity. The study is conducted in an under-researched emerging market context, where 187 respondents were surveyed in the financial sector industry. The empirical findings indicate that employees perceive themselves as having high levels of opportunity recognition behaviours and motivators which are positively associated with willingness to engage in corporate entrepreneurial initiatives. The results further show that there is a significant positive relationship between opportunity recognition behaviours and the frequency of opportunities recognised. Implications highlight the importance of fostering opportunity recognition behaviours within an organisation and motivating employees to act innovatively.

Suggested Citation

  • Boris Urban & Eric Wood, 2015. "The importance of opportunity recognition behaviour and motivators of employees when engaged in corporate entrepreneurship," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 16(5), pages 980-994, October.
  • Handle: RePEc:taf:jbemgt:v:16:y:2015:i:5:p:980-994
    DOI: 10.3846/16111699.2013.799087
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    References listed on IDEAS

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    1. William Lazonick, 2008. "Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies," WIDER Working Paper Series DP2008-01, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Boris Urban, 2017. "Corporate Entrepreneurship In South Africa: The Role Of Organizational Factors And Entrepreneurial Alertness In Advancing Innovativeness," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 1-20, September.
    2. Petra C. M. Neessen & Marjolein C. J. Caniëls & Bart Vos & Jeroen P. Jong, 2019. "The intrapreneurial employee: toward an integrated model of intrapreneurship and research agenda," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 545-571, June.
    3. Muhammad Anwar & Thomas Clauss & Wunnam Basit Issah, 2022. "Entrepreneurial orientation and new venture performance in emerging markets: the mediating role of opportunity recognition," Review of Managerial Science, Springer, vol. 16(3), pages 769-796, April.

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