Corporate entrepreneurship: a test of external and internal influences on managers’ idea generation, risk taking, and proactiveness

2009 ◽  
Vol 6 (3) ◽  
pp. 331-350 ◽  
Author(s):  
Terrence C. Sebora ◽  
Titikorn Theerapatvong
Keyword(s):  
Risk Taking ◽  
Idea Generation ◽  
Corporate Entrepreneurship ◽  
Internal Influences

scholarly journals Innovativeness, Proactiveness, and Risk-taking: Corporate Entrepreneurship of Indonesian SMEs

2020 ◽  
Vol 722 ◽  
pp. 012037
Author(s):  
N J Astrini ◽  
T Rakhmawati ◽  
S Sumaedi ◽  
I G M Y Bakti ◽  
M Yarmen ◽  
...  
Keyword(s):  
Risk Taking ◽  
Corporate Entrepreneurship

scholarly journals The Impact of Corporate Entrepreneurship on the Performance of Jordanian Telecom Corporates

2021 ◽  
Vol 24 (1) ◽  
pp. 31-60
Author(s):  
Mohammad Suleiman Awwad ◽  
Abdullah Aref Abu-Karaki
Keyword(s):  
Risk Taking ◽  
Corporate Entrepreneurship ◽  
Inferential Statistics ◽  
Improve Performance ◽  
Statistical Program ◽  
Competitive Aggressiveness ◽  
Telecom Sector ◽  
The Impact

The Telecom sector in Jordan is highly competitive in a way that affects the performance of firms working in this sector, many solutions were provided to enhance performance, but corporate entrepreneurship as a solution to significantly improve performance still not have fully adopted, that is why this research was carried to highlight the importance of such concept to improve performance. This research was aimed at determining the impact of corporate entrepreneurship dimensions (innovation, risk-taking, proactiveness, competitive aggressiveness, and autonomy) on the performance of Jordanian telecom corporates in Jordan. Data were collected from 39 telecom corporates in Jordan. The questionnaires entail assessing the degree of corporate entrepreneurship in relation to the performance of telecom corporates in Jordan. SmartPLS 2.0 Statistical program was used to conduct descriptive and inferential statistics. The findings of the research indicated that corporate entrepreneurship dimensions (innovation, risk-taking, proactiveness, and competitive aggressiveness) positively affect the performance of Jordanian telecom corporates except for the autonomy dimension.

scholarly journals KEWIRAUSAHAAN SEBAGAI PENDUKUNG KEBERHASILAN BISNIS KONTRAKTOR DI INDONESIA

2017 ◽  
Vol 14 (1) ◽  
pp. 36
Author(s):  
Harijanto Setiawan
Keyword(s):  
Construction Industry ◽  
Thematic Analysis ◽  
Risk Taking ◽  
Corporate Entrepreneurship ◽  
Structure Interview ◽  
Business Success ◽  
Five Dimensions ◽  
Top Managers ◽  
Competitive Aggressiveness

Contractors as a part of construction industry run their business in many unique ways.Instead of running unique business, contractors’ business also been considered as a business invery high competition. In this bisnis environment, contractors need to implement proper businessstrategy in order to be success in their business. Entrepreneurship has been developed very rapidlybecause it has been considered as a strategy to support business success in many business areas.Considering the uniqueness of contractors’ business, therefore entrepreneurship is considered to beimplemented by contractors in many unique way comparing to other businesses. This study isaimed to find the concept of entrepreneurship for contractors. Entrepreneurship in this study willbe focused on corporate entrepreneurship which is elaborated into five dimensions: autonomy,competitive aggressiveness, innovativeness, proactiveness and risk taking. Data was collected bysemi-structure interview with top managers of contractors in Indonesia. The transcript of theinterviews were analyzed using thematic analysis that is carried out manually and then continuedby using Nvivo Software. This study finds how is the implementation of those five dimensionsespecially for contractors. Abstrak: Kontraktor adalah perusahaan dalam industri konstruksi yang menjalankan usahanyadengan berbagai keunikannya. Selain bisnisnya yang unik, bisnis kontraktor juga dikategorikansebagai bisnis dengan persaingan yang tinggi. Menghadapi situasi ini, kontraktor dituntutmenjalankan strategi bisnis yang tepat sehingga mampu mendukung keberhasilan usahanya.Kewirausahaan yang telah berkembang pesat karena dijumpai mampu mendukung keberhasilanberbagai bidang usaha diharapkan akan mampu pula mendukung keberhasilan usaha kontraktor.Mengingat usaha kontraktor yang unik maka kewirausahaan untuk kontraktor juga akanmempunyai beberapa kekhususan dibandingkan kewirausahaan pada bidang usaha lain. Penelitianini bertujuan untuk menemukan konsep kewirausahaan untuk kontraktor. Kewirausahaan padapenelitian ini difokuskan pada kewirausahaan tingkat perusahaan atau dikenal dengankewirausahaan korporasi yang dijabarkan dalam lima dimensi, yaitu: otonomi, agresif dalampersaingan, berinovasi, proaktif dalam meraih peluang dan berani mengambil risiko. Pengumpulandata dilakukan melalui wawancara semi terstruktur dengan para pimpinan kontraktor di Indonesia.Hasil wawancara dianalisis dengan menggunakan analisis tematik yang diawali analisis secaramanual yang kemudian dilanjutkan dengan bantuan perangkat lunak Nvivo. Hasil penelitian inimenemukan bagaimana kelima dimensi tadi diterapkan sesuai dengan keunikan bisnis kontraktor.Kata kunci: : kewirausahaan korporasi, kontraktor, Indonesia

scholarly journals Corporate entrepreneurship level: a case study of contractors in Indonesia

2018 ◽  
Vol 195 ◽  
pp. 06013
Author(s):  
Harijanto Setiawan ◽  
Bilge Erdogan
Keyword(s):  
Risk Taking ◽  
Corporate Strategy ◽  
Corporate Entrepreneurship ◽  
Maturity Model ◽  
Five Dimensions ◽  
Capability Maturity ◽  
Competitive Aggressiveness ◽  
Four Levels ◽  
Capability Level

Contractors need to assess their capability to implement corporate entrepreneurship (CE), in order to develop the proper corporate strategy based on CE. This study is aimed to assess the capability level of contractors to implement CE using corporate entrepreneurship capability model (CECM). CECM has been developed based on the concept of Capability Maturity Model (CMM). The capability level of contractors to implement CE is assessed using 21 indicators which are classified into five dimensions: autonomy, competitive aggressiveness, innovativeness, proactiveness and risk-taking. CECM divides the capability of contractors to implement CE into four levels: initial, repeatable, managed and optimized. This study carried out a case study of 2 big contractors in Indonesia. The data was collected using a questionnaire and then an arithmetic mean of each indicator was calculated to determine the capability level of contractors to implement CE. The case study found the highest level of capability to implement CE is reached in two different indicators: innovativeness and proactiveness, meanwhile the lowest level for both contractors is risk-taking. This study also found the capability level of both contractors are at a level between managed and optimized.

Risky Business: The Driving Factors of Creative Risk Taking Attitudes in Engineering Design Industry

2017 ◽  
Author(s):  
Xuan Zheng ◽  
Scarlett R. Miller
Keyword(s):  
Engineering Design ◽  
Design Process ◽  
Risk Taking ◽  
Online Survey ◽  
Idea Generation ◽  
Driving Factors ◽  
Years Of Experience ◽  
Great Cost ◽  
Fuzzy Front End ◽  
Front End

Designing breakthrough products comes at a great cost to the design industry due to the risk and uncertainties associated with creative ideas. However, without creative ideas, there is no potential for innovation. As such, companies need to appropriately embrace the risk associated with creative concepts in the fuzzy front end of the design process in order to build their value. While previous research has linked risk taking attitudes to creative idea generation and selection in engineering design education, there has been limited research focused on engineering design professionals’ creative risk taking attitude and the corresponding driving factors. This is problematic because without this knowledge we do not know what factors inhibit or promote the flow of creative ideas in engineering design industry. In order to address this gap, a preliminary online survey was conducted with 46 design professionals from a global manufacturing company to understand the potential driving factors of creative risk taking, including educational training, job type (R&D, applied engineering, or management), and years of experience. The results suggest that there is a relationship between employee education level and years of experience and an engineering employee’s willingness to take risks on creative ideas in the fuzzy front end of the design process. Interestingly, the results also show that those individuals primarily responsible for the development (R&D) and selection (management) of creative ideas tend to be more financially risk averse than individuals in traditional engineering positions. These results contribute to the prediction of professionals’ design behaviors and have implications for the management of creative ideas in the early conceptual design stages of engineering design industry.

Privatization and corporate entrepreneurship in telecommunication companies

2017 ◽  
Vol 6 (1) ◽  
pp. 60-71
Author(s):  
Behrouz Zarei ◽  
Flora Amanati ◽  
Kasra Amanati
Keyword(s):  
Risk Taking ◽  
Entrepreneurial Orientation ◽  
Work Experience ◽  
Corporate Entrepreneurship ◽  
Survey Method ◽  
Content Type ◽  
Team Members ◽  
Five Dimensions ◽  
Before And After ◽  
Telecommunication Companies

Purpose The purpose of this paper is to investigate the effect of privatization on corporate entrepreneurship in Telecommunication Company of Iran (TCI). The study examines the five dimensions of entrepreneurial orientation including innovativeness, risk taking, proactiveness, competitive aggressiveness and autonomy, before and after privatization. Design/methodology/approach Using a “descriptive-survey” method, the required data were collected from a sample of 32 senior and middle managers with over ten years of management and work experience, who were project team members for business transformation working in TCI before and after privatization. Findings The results show that after privatization, the company acts more entrepreneurially. The most considerable dimension is its aggressive competition through entering competitive markets and increasing risk taking to develop new services, products and processes. Originality/value Although many studies have been performed on privatization and entrepreneurship in the past, to the best of the authors’ knowledge, the effect of privatization on every dimension of entrepreneurial orientation has not been investigated in a large company.

Did the environmental jolt matter? Corporate entrepreneurship and firm financial performance in Egypt

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ahmed Adel Tantawy ◽  
Sherif Elaasi ◽  
Mohamed Elshawadfy
Keyword(s):  
Firm Performance ◽  
Financial Performance ◽  
Risk Taking ◽  
Arab Spring ◽  
Natural Experiment ◽  
Corporate Entrepreneurship ◽  
Manufacturing Firms ◽  
Content Type ◽  
Environmental Jolts ◽  
The Arab Spring

Purpose Evidence suggests that corporate entrepreneurship (CE), namely, innovativeness, risk-taking and corporate venturing, enhances a firm’s performance. However, the study of CE in developing markets – particularly in Egypt – is still new and undeveloped. The literature stresses the importance of incorporating environmental factors into the study of CE. Therefore, the purpose of this study is to examine the relationship between CE, environmental jolts (unexpected abrupt environmental events such as the Arab Spring) and the firm’s financial performance. Based on the periods before and after the series of anti-government protests known as the Arab Spring, this paper argues that after an environmental jolt, CE will negatively affect financial performance. Design/methodology/approach This study analyzes and correlates CE, environmental jolts and firm performance in Egypt for a period over 10 years (from 2007 through 2016) using a sample of 94 manufacturing firms listed on the Egyptian Stock Exchange. Data were manually collected through archival/secondary data using financial and accounting information from the annual reports released by the firms. These reports were downloaded from the firms’ webpages and the Egyptian Exchange website. Findings The main results of this paper indicate that environmental factors play a role in the effect of CE on firm performance. Using the 2011 Arab Spring as a quasi-natural experiment, this paper finds that CE’s effect on firm performance is higher pre-jolt and lower post-jolt. Practical implications This study provides useful implications for managers and practitioners. Firms need to find new ways of allocating their resources to help provide innovative products and to have a competitive advantage. Although innovation, risk-taking and corporate venturing may have a delayed impact on a firm’s financial performance, managers should evaluate the implications and the success of CE activities in the long-term, not from a short-term perspective. Originality/value Building upon the existing literature, this is the first paper to investigate the effect of CE on a firm’s financial performance in Egypt during the Arab Spring. The manufacturing firms listed on the Egyptian Exchange were analyzed in a quasi-natural experiment, taking into account the moderating role of an environmental jolt, namely, the Arab Spring.

Factors Influencing the Entrepreneurial Culture among the Rural College Students in Puducherry Region: A Study with Garrett Ranking Technique

2018 ◽  
Vol 7 (2) ◽  
pp. 38-40
Author(s):  
P. Selvaraju .
Keyword(s):  
College Students ◽  
Risk Taking ◽  
Family Background ◽  
Idea Generation ◽  
Primary Data ◽  
Affecting Factors ◽  
Rural Colleges ◽  
Entrepreneurial Development ◽  
Entrepreneurial Training ◽  
Rural College

In today’s competitive world, and based on market economy along with rapid international changes and developments, entrepreneurship is considered as the engine of economic development that can play an important role in the country’s economic growth, employment and social welfare. Puducherry formerly known as Pondicherry is a union territory of India. It was formed out of four regions of former French India, namely Pondichery (Pondicherry; now Puducherry), Karikal (Karaikal), Mahe and Yanaon (Yanam). It is named after the largest district, Puducherry. Historically known as Pondicherry the territory changed its official name to Puducherry in 2006. With many extensions, Govt.of Puducherry is taking lot of efforts to bring entrepreneurial growth in their regions. Creating awareness among students in Higher Education Institutions (HEIs) including rural colleges of Puducherry regions are tremendous. In order to motivate students youth force to turn around as entrepreneur is the prime objectives of the Entrepreneurial Development Cell (EDC), Govt. of Puducherry. It includes Start-up entrepreneurial activities, touch shop, idea generation programme etc., are taking place for influencing students’ community to become as entrepreneur. This study aims to find out the most prominent factors affecting the entrepreneurial development among the rural college students in Puducherry region. For the purpose of the study primary data is collected from One Hundred students through structured questionnaire. The factors to be considered are Risk taking, Economic condition, Entrepreneurial training, and Family background, Confidence, Creativity and Innovation. Simple percentage method and Garett Ranking method were used. The finding of the study shows that Risk taking capacity, creativity and innovative skills are the most affecting factors in developing an entrepreneurship among the students in rural colleges of Puducherry region.

scholarly journals Corporate Entrepreneurship and Manufacturing Firms’ Performance

2018 ◽  
Vol 8 (1) ◽  
pp. 12-17 ◽  
Author(s):  
Benneth Uchenna Eze
Keyword(s):  
Financial Performance ◽  
Market Share ◽  
Risk Taking ◽  
Corporate Entrepreneurship ◽  
Manufacturing Firms ◽  
Strategic Renewal ◽  
Corporate Venturing ◽  
Employees Satisfaction ◽  
Management Staff ◽  
Structured Questionnaire

The study evaluates the effect of corporate entrepreneurship (measured by innovation, proactiveness, risk-taking, strategic renewal and corporate venturing) on the non-financial performance of manufacturing firms in Nigeria (measured by market share and employees satisfaction). The study employed survey research design, through the administration of structured questionnaire to management staff of eight manufacturing firms in Nigeria. The findings revealed that innovation, risk taking, proactiveness, strategic renewal and corporate venturing are all significantly related with manufacturing firms’ non-financial performance. It can therefore be concluded that corporate entrepreneurship (CE) elements (risk-taking, innovation, corporate venturing, proactiveness and strategic renewal) enhance manufacturing firms’ non-financial performance (market share and employees’ satisfaction). It is recommended that manufacturing firms should employ CE elements towards the enhancement of their non-financial performance.

Corporate entrepreneurship and market performance

2017 ◽  
Vol 40 (3) ◽  
pp. 352-367 ◽  
Author(s):  
Vivien E. Jancenelle ◽  
Susan Storrud-Barnes ◽  
Rajshekhar (Raj) G. Javalgi
Keyword(s):  
Direct Effect ◽  
Risk Taking ◽  
Firm Value ◽  
Market Performance ◽  
Corporate Entrepreneurship ◽  
Conference Calls ◽  
Content Type ◽  
Competitive Aggressiveness ◽  
The Impact ◽  
Positive Effect

Purpose The purpose of this paper is to investigate the effects of a firm’s entrepreneurial proclivity on market performance for large, publicly traded US firms. This study draws upon the five-dimensional view of corporate entrepreneurship (CE) and develops hypotheses aimed at understanding the effects of direct effect of CE cues of proactiveness, autonomy, innovativeness, competitive aggressiveness and risk-taking on stock performance during earnings conference calls. Design/methodology/approach The entrepreneurial orientation of 339 firm post-earnings announcement conference calls is analyzed through a content analysis of transcripts, and the impact of CE cues on stock price is measured using event-study methodology. Findings The results suggest that the cueing the CE dimensions of innovativeness, risk-taking and especially autonomy have a positive effect on market performance during conference calls, while competitive aggressiveness has a negative effect. No effect was found for proactiveness. Research limitations/implications The effect of entrepreneurial proclivity on firm value is not uniform. Not all dimensions of CE have a positive effect on market performance at a corporate level, and measuring each dimension of CE separately may be a valuable approach for future research. Practical implications Firms may create more value when they cue specific entrepreneurial attributes, and cueing competitive aggressiveness may not be desirable. Originality/value This study fills a gap in the literature by measuring the direct effect of CE cues on market performance through an innovative research design which relies on computer-aided text analysis.

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