Corporate Entrepreneurial Leadership: Addressing Critical Challenges in a Disruptive Age
Donald F. Kuratko and
A chapter in The Challenges of Corporate Entrepreneurship in the Disruptive Age, 2018, vol. 28, pp 89-109 from Emerald Publishing Ltd
Abstract A corporate entrepreneurship (CE) strategy implies that a firm’s strategic intent is to continuously leverage entrepreneurial opportunities for growth- and advantage-seeking purposes. CE has gained greater research attention with a focus on the factors that influence an organization’s willingness to initiate and sustain a CE strategy. In the current disruptive age, firms acknowledge the importance of CE (also referred to as corporate innovation) as the critical element for sustained competitive advantage in the global economy. Yet, so many organizations struggle with the actual implementation of an innovative strategy. There are key challenges that must be addressed by today’s corporate entrepreneurial leaders in this age of disruptive innovation. These include framing the innovation, developing the internal architecture, coordinating the managerial levels, integrating design thinking, recognizing the grief associated with project failure, and demanding ethical standards. As research on corporate innovative activity has evolved, numerous researchers have acknowledged the importance of these leadership activities to enhance the effectiveness of corporate entrepreneurial activity. In this chapter, the authors discuss these critical elements confronting corporate entrepreneurial leaders.
Keywords: Corporate entrepreneurship; internal environment; design; grief; ethics; corporate innovation (search for similar items in EconPapers)
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