The impact of entrepreneurial orientation and managerial resources on corporate venture outcomes

Debra Riley, Stavros Kalafatis and Farideh Manoochehri

International Journal of Entrepreneurship and Innovation Management, 2009, vol. 9, issue 3, 242-266

Abstract: This study explores the impact of a firm's Entrepreneurial Orientation (EO) and its managerial resources on Internal Corporate Venture (ICV) outcomes. The findings, based on a sample of 155 UK company directors, indicate that the autonomous behaviour and risk-taking of EO are significant determinants of ICV outcome while proactiveness and innovativeness are not. The direct and indirect (mediated through EO) impact of two dimensions of managerial resources, i.e., functional skills and managerial capabilities, on ICV outcome is significant. The results suggest that managerial capabilities will have a more positive impact on corporate venture outcomes than the firm's entrepreneurial culture.

Keywords: corporate entrepreneurship; entrepreneurial orientation; managerial resources; ICVs; internal corporate ventures; UK; United Kingdom; autonomous behaviour; risk taking; proactiveness; innovativeness; functional skills; managerial capabilities; entrepreneurial culture. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeima:v:9:y:2009:i:3:p:242-266

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