Supporting Entrepreneurial Behavior and Innovation in Organizations
Central European Business Review, 2012, vol. 2012, issue 2, 29-36
This is a conceptual paper that focuses on the existence and support of entrepreneurial behavior and innovation in larger organizations. It first suggests why it is important to pay attention to entrepreneurship and innovation and then defines corporate entrepreneurship. Typical barriers of entrepreneurial activities are described as well as innovation dilemmas that organizations solve. The innovation process is not linear, but six components of innovative behavior may be identified, together with specific roles employees play when moving the idea forward from idea creation to implementation. Important factors influencing the success of entrepreneurial behavior are discussed, involving the role of middle managers and reward systems. Recommendations for fostering entrepreneurial behavior and innovation are provided together with a simple inventory for measuring employee perception of managerial and organizational support for innovation.
Keywords: corporate entrepreneurship; innovation; organizational support; reward system; new ideas (search for similar items in EconPapers)
JEL-codes: L26 M14 O31 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlcbr:v:2012:y:2012:i:2:id:15:p:29-36
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