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Why are Corporate Entrepreneurs not enough?

Reading time: 6 minutes

17 Giu
17/06/2015
Foto del profilo di Stefano Cavallazzi

by Stefano Cavallazzi

Research Fellow of Organization and HR Management

What does it take to translate the organization’s entrepreneurial and innovative effort into effective market outcomes? How do you set proper execution practices that allow you to pursue new competitive opportunities? Since Schumpeter suggested that entrepreneurs are the main agents of economic growth and market renewal in 1936, Corporate Entrepreneurship (CE) research has tried to shed some light on how firms can structure a process that allows the organization to identify and pursue value-creating opportunities leveraging on employees’ entrepreneurial behaviors. Scholars developed and refined the Corporate Entrepreneurship Assessment Instrument (CEAI) to evaluate four dimensions of organizational climate (management support, individual work discretion, rewards and time availability) as antecedents of innovative output and concluded that higher levels of entrepreneurial climate generate increased innovation.

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