EMBODYING CORPORATE ENTREPRENEURSHIP IN STRATEGIC ORIENTATION FOR TECHNOLOGY FIRMS
Tien Hua Yim-Teo () and
Christian Jang Tao Chao ()
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Tien Hua Yim-Teo: School of EEE, Nanyang Technological University, Nanyang Avenue, Singapore 639798, Singapore
Christian Jang Tao Chao: School of EEE, Nanyang Technological University, Nanyang Avenue, Singapore 639798, Singapore
International Journal of Innovation and Technology Management (IJITM), 2004, vol. 01, issue 02, 185-204
Abstract:
The study of entrepreneurial activities and behavior in corporations is considered important as it is viewed as a means for sustained corporate competitiveness. This challenge is particularly crucial for technology firms which face dynamic competition due to rapid technological changes. This highlights the need to adopt a suitable strategic orientation which embraces entrepreneurship. However, there appears to be a fragmented understanding as to what constitutes corporate entrepreneurship. This paper therefore attempts to provide clarity to the definition of corporate entrepreneurship by first determining what essentially 'entrepreneurship' is and subsequently contextualizing entrepreneurship in the corporate setting. Based on a clear understanding of corporate entrepreneurship, the paper then conceptually develops a strategic orientation that embodies corporate entrepreneurship applicable to technology firms.
Keywords: Corporate entrepreneurship; strategic orientation; opportunity recognition and exploitation (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1142/S0219877004000167
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