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Corporate Entrepreneurship

Paradox of Confusion: Where Does Cor porate Entrepreneurship End and Entrepreneurial Orientation Start: A Discussion Zelimir William Todorovic , Ph.D . Jun Ma, Ph.D. Daniel Todorovic ( Ph.D Student). Corporate Entrepreneurship.

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Corporate Entrepreneurship

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  1. Paradox of Confusion: Where Does Corporate Entrepreneurship End and Entrepreneurial Orientation Start: A DiscussionZelimir William Todorovic, Ph.D.Jun Ma, Ph.D.Daniel Todorovic(Ph.D Student)

  2. Corporate Entrepreneurship • Corporate entrepreneurship relationship to profitability (Zahra, 1995) • Yang et. al.,(2007) found that each key dimensions related to performance. • Antoncic and Hisrich (2004) found that CE makes a difference in organizational wealth creation, growth, and profitability • Divided into two perspectives : organizational activities and characteristics of the organization.

  3. Organizationa Activities • Based on Sharma & Chrisman, 1999: • corporate venturing, • innovation, • strategic renewal • Seen as outcomes of Corporate Entrepreneurship

  4. Characteristics of Organization • Characteristics of the organization examine the internal orientation of the organization, (innovation, risk-taking and proactiveness) (Barringer & Bluedorn, 1999). • innovation, proactiveness and risk-taking are the dimensions of CE (Aloulou & Fayolle, 2005; Lassen et al., 2006; Zahra & Garvis, 2000)

  5. Entrepreneurial Orientation • The study of EO has its roots in the field of strategy research • Demonstrated relationship to performance • Accepted to have three main dimensions: Innovation, risk Taking and Proactiveness

  6. Enabling Characteristics • Three conditions indentified, referred as enabling characteristics, are: • Reward Configuration(Fátima, et al., 2008; Bhardwaj et al., 2007 ) • Organizational Structure(Bhardwaj & Momaya, 2006; Hilton and Art 1998, Zahra, 1991) • Corporate Policies (Kuratkoand Goldsby, 2004; Kuratko& Michael, 2004)

  7. Entrepreneurial Orientation Alignment Reward Configuration Corporate Entrepreneurship Corporate Policies EO Organizational Structure Corporate Venturing Strategic Renewal Innovation Organizational Performance

  8. Discussion • It is important to specify what we are talking about: • Prevents duplication of effort • Clarifies associated relationships • Allows the field to move forward • Clarified potential practitioner actions and benefits

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