Corporate Entrepreneurship: Article Review on Growth and Application

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This report provides a comprehensive review of an article exploring the impact of corporate entrepreneurship on the growth and competitiveness of enterprises. The review outlines the article's aims, which include analyzing the effect of corporate entrepreneurship, investigating its challenges, evaluating new opportunities, demonstrating the relationship between corporate entrepreneurs and entrepreneurship, discussing specialized characteristics, and investigating various applications. The research methodology, which involved a questionnaire-based survey of enterprise managers, is examined, and the key findings are presented, including insights into decision-making autonomy, innovation encouragement, competitive awareness, market dominance, and risk-taking propensity. The report identifies the integration of modern entrepreneurial processes as a key finding applicable to corporate entrepreneurship strategy, emphasizing its role in enhancing competitive performance. It concludes by highlighting the importance of independent operations and competitive environmental development in fostering corporate entrepreneurship.
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Corporate Entrepreneurship
Student Name:
Student ID:
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Table of Contents
Introduction.................................................................................................................................................2
Objectives and aims of the article................................................................................................................2
Research methodology................................................................................................................................3
Findings.......................................................................................................................................................3
Identification of one finding for corporate entrepreneurship strategy..........................................................6
Conclusion...................................................................................................................................................6
References...................................................................................................................................................7
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Introduction
The paper will review the article that provides the objectives and aims of the article related to
corporate entrepreneurship. It will evaluate the research questions that are provided in the article.
Moreover, the paper will focus on the research methodology for conducting a practical research
related to corporate entrepreneurship. The aim is to provide the findings based on the survey
conducted for the enterprise managers. Also, it reveals the identification of one finding that could
be applied to the strategy of corporate entrepreneurship. The findings of the survey conducted
through the graphical representation will be explained throughout this paper.
Article selected: “THE IMPACT OF CORPORATE ENTREPRENEURSHIP ON GROWTH
OF THE COMPETITIVENESS OF ENTREPRISES
Objectives and aims of the article
The aims and objectives of the articles are as follows:
To analyze the impact of corporate entrepreneurship on the competitiveness of the growth of
enterprises
To investigate the challenges of the corporate entrepreneurship
To evaluate new opportunities introduced to the enterprises
To demonstrate the relationship between a corporate entrepreneur and corporate
entrepreneurship
To discuss the specialized characteristics of the corporate entrepreneurship
To investigate various applications of corporate entrepreneurship
The article possesses some of the research questions based on the conducted practical research
related to corporate entrepreneurship (Magdinceva-Sopova et al., 2016). The research questions
are as follows:
1. Is the management independent making decisions about business operations?
2. Do you encourage innovation among employees by providing financial resources for
innovation?
3 Do you follow new trends and behavior among competing enterprises?
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4. Do you dominate the market and the environment in which you work?
5. Do you take risks in your business operations?
Research methodology
By applying the method of the questionnaire that comprises of five questions, a practical
research was conducted throughout the articles that comprise of the components of corporate
entrepreneurship model. As per Chen et al., (2015) the model consist of risk-taking, competitive
aggression, proactive, innovation and autonomy are considered to be the primary factors of the
model enterprises. The survey reports show that 55 enterprises were interested in the
questionnaire and the rest were not interested.
Findings
The survey results present the changes that are required for the need of the organizational
innovative supporting approach for the underwriters, positioning in the competitive market and
operations. According to Guerrero and Urbano, (2017) the results states the various ways that are
utilized for the process of the modern entrepreneurial to the present procedures in the enterprises.
This is due to the fact that the idea of the corporate entrepreneurship generates the situations for
the enterprises competitive performance and gaining a competitive position related to the
employee’s entrepreneur or management knowledge and ability.
From the following graph, it is observed that as per 43 surveyed managers they are completely
autonomous and independent decision makers in the operations of the enterprise. While 12
managers said that the decisions are taken by the owner's consultation (Reijonen et al., 2015).
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The graph presents that 41 managers responded that for innovations they do not facilitate
financial service. Whereas, 14 respondents said that for the financial innovation the enterprise
provides special funds.
The graph states that based on the question 28 respondents said that they consistently managed
the competing enterprise's development. On the other hand 27 managers said that they carry out
their work in a usual way.
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As per the graph, 45 respondents said that they do not rule over the environment and market in
which they are employed. Whereas, 10 managers responded that their organization dominates the
environment and market (Kuratko et al., 2015).
The graph shows that 15 respondents said that they carry out risk activities and 40 managers said
that they do not like to undertake risky operations.
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Identification of one finding for corporate entrepreneurship strategy
The finding that can be applied as a part of the strategy of the corporate entrepreneurship is the
different methods that are applied for the integration of the process of modern entrepreneurial to
the present enterprise processes (Wolff et al., 2015). It is due to the fact that the application for
the idea of corporate entrepreneurship generates the situation for enterprises competitive
performance and gaining a strong position in the competitive market.
Conclusion
The paper helps in revealing the aims and objectives of the selected article based on corporate
entrepreneurship. Also, it provided five research questions that are based on the practical
research conducted for the enterprise managers. The research methodology stated the procedure
of how the survey is conducted. The aim was to focus on the findings from the survey that states
that most of the enterprise management possess independent operations. It is observed that
competitive enterprises are focusing on the development of the environment. Moreover, the
paper highlighted the identification of one particular finding that could be applied in the strategy
of the corporate entrepreneurship.
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References
Chen, Y., Wang, Y., Nevo, S., Benitez-Amado, J. and Kou, G., 2015. IT capabilities and product
innovation performance: The roles of corporate entrepreneurship and competitive
intensity. Information & Management, 52(6), pp.643-657.
Guerrero, M. and Urbano, D., 2017. The impact of Triple Helix agents on entrepreneurial
innovations' performance: An inside look at enterprises located in an emerging
economy. Technological Forecasting and Social Change, 119, pp.294-309.
Kuratko, D.F., Hornsby, J.S. and Hayton, J., 2015. Corporate entrepreneurship: the innovative
challenge for a new global economic reality. Small Business Economics, 45(2), pp.245-253.
Magdinceva-Sopova, M.A.R.I.J.A., Postolov, K. And Petkova, T.A., 2016. The Impact of
Corporate Entrepreneurship on Growth of the Competitiveness of Entreprises. Economic
Development/Ekonomiski Razvoj, 18.
Reijonen, H., Hirvonen, S., Nagy, G., Laukkanen, T. and Gabrielsson, M., 2015. The impact of
entrepreneurial orientation on B2B branding and business growth in emerging
markets. Industrial Marketing Management, 51, pp.35-46.
Wolff, J.A., Pett, T.L. and Ring, J.K., 2015. Small firm growth as a function of both learning
orientation and entrepreneurial orientation: An empirical analysis. International Journal of
Entrepreneurial Behavior & Research, 21(5), pp.709-730.
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