Scholars also distinguish between domestic and international venturing Yiu et al. Finally, domain redefinition is related to the creation of a new product-market arena that has not been recognized or actively exploited by other companies.
As the building boxes of capabilities are organizational routines and processes Sarkar et al. Need for more social models Given that corporate entrepreneurial outputs are knowledge-intensive, firms need to develop new knowledge for pursuing corporate entrepreneurship Teng, Kuratko and Audretsch also add another category to the group: Finally, licensing means gaining access to the knowledge, innovations, technologies, Guth and ginsberg 1990 a domain framework discoveries of other firms in return for a fee Yang et al.
Thus, from an attention-based view Ocasio,a channelling mechanism to focus organizational capabilities on corporate entrepreneurship may be necessary Sakhdari et al.
A man who reviews the old so as to find out the new is qualified to teach others. In particular, one of the main challenges firms face in undertaking corporate entrepreneurship is the generation of new knowledge Teng, ; Zahra et al.
In his seminal paper, Burgelman posits that corporate entrepreneurship mainly results from entrepreneurial behaviours undertaken by employees at lower levels of companies. There were initially mixed views on the scope of corporate entrepreneurship because it was not clearly differentiated from the common phenomenon of innovation or new product development in firms Corbett et al.
Undertaking international venturing activities is considered to be more difficult than domestic venturing Yiu et al. To address this gap, this article critically reviews previous important studies on corporate entrepreneurship and then develops a framework integrating previous research. Yiu and colleaguesfor example, suggest that network ties with customers enhance corporate entrepreneurship and international venturing activities in firms.
This literature, however, has adopted a static approach, and has done little to unpack networking capabilities for the formation and management of partnering relationships Sarkar et al.
Guth and Ginsberg were among the first Guth and ginsberg 1990 a domain framework attempting to clarify the domain by introducing two categories of corporate entrepreneurial activities, namely business venturing and strategic renewal.
More importantly, it identifies missing links and knowledge in the extant literature and suggest paths for future research. However, the categories mostly lie within the three categories conceptualized by Zahra Hayton argues that diversity of human capital in the top management team enhances corporate entrepreneurship by facilitating knowledge acquisition and triggering learning.
Indeed, although exploration and exploitation can be viewed as trade-offs for firms Gupta et al. Discussion and Suggestions for Future Research The critical literature review reveals that, despite significant insights provided by prior research, as shown in Figure 2, future research can address the following five research avenues, which build on the existing theoretical lenses.
In terms of their level of analysis, as shown in Figure 1, these studies can be categorized into four groups: The first one is an output-oriented approach considering corporate entrepreneurship as a number of market results such as innovation in products and services and venturing Simsek, ; Zahra, Firms use governance modes such as corporate venture capital, non-equity alliance, joint ventures, and acquisitions for external corporate venturing.
For example, one of the rare process models of venturing is suggested by Burgelmanand there is a dearth of research on process models of corporate entrepreneurship. All relevant articles were identified and categorized using an integrative model.
The initial inventory included papers possessing the keywords of corporate entrepreneurship, intrapreneur, and organizational entrepreneurship in their title, abstract, or keywords, and spanning the period from to the end of This article contributes to the corporate entrepreneurship literature by integrating prior studies on corporate entrepreneurship including the conceptualization, antecedents, and outputs.
In internal corporate venturing, new businesses reside within the internal boundaries of a firm, yet they may act as semi-autonomous entities Morris et al. Yiu and Laufor instance, do not reach significant results for the impact of the number of network ties on corporate entrepreneurial activities in the contexts of developing countries and call for future research to further investigate these connections in the context of developing contexts.
Process models can better tease apart the needed steps to enhance the levels of corporate entrepreneurship.
How firms can utilize the underground behaviours for corporate entrepreneurship is under-investigated in the literature of corporate entrepreneurship. Similarly, more recent studies suggest that researchers should contextualize theorizing in entrepreneurship Bruton et al.
The second approach considers corporate entrepreneurship as a process entailing different phases Burgelman, ; Hornsby et al. Corporate entrepreneurship relies on new knowledge for doing things differently, or doing different things, manifesting in the forms of innovation in products and services, processes, systems, strategies, and markets Teng, ‘Relevance Of Intrapreneurship To Sales Leadership Figure 3 Domain model by Guth and Ginsberg Source: Guth and Ginsberg () Chrisman and Chua () state that Guth and Ginsberg () proposed the most widely accepted definition for Corporate entrepreneurship which is –.
Entrepreneurship and Competitive Strategy: An Integrative Approach Shepherd Dhliwayo Entrepreneurship and Competitive Strategy The ournal of Entrepreneurship (Guth & Ginsberg, ).
This occurs when a firm seeks to redefine its relationship with. It presents conceptual framework between corporate entrepreneurship and agency cost, on the basis of their theoretical Model of Guth and Ginsberg () Figure 1.
depicts the model of . They developed the. “Corporate entrepreneurship as extending the firm’s domain of. The developed framework and the propositions The Impact of Corporate Venturing on a Firm’s Competence Modes ABSTRACT In this conceptual paper we investigate how corporate venturing influences an organization’s Guth and Ginsberg, ; Zahra et al., ).
These newly developed competences have to be. Corporate Entrepreneurship: a Strategic and Structural Perspective Dr. Joao Ferreira Kuratko et al., ; Guth & Ginsberg, ).
Another is the more pervasive activity associated with the transformation or renewal of existing organisations (Stopford major conceptual framework for explaining organisational survival, growth, and.
Corporate Entrepreneurship Activities through Strategic Alliances: A Resource-Based Approach toward Competitive Advantage* a resource-based framework is presented to examine how strategic alliances offer themselves by changing the business domain or processes (Guth and Ginsberg, ).Download