Zahra and Covin (1995, p. 46) report that “the current interest in corporate entrepreneurship arises from its potential usefulness as a means for renewing established organizations and increasing their ability to compete in their chosen markets.” In addition, a number of researchers support a contention made by Schollhamer (1982, p. 82), that “corporate entrepreneurship is a key element for gaining competitive advantage and consequently greater financial strength” (Covin & Slevin, 1991; Peters & Waterman, 1982; Zahra & Covin, 1995). Interestingly, however, other researchers argue that corporate entrepreneurship can be risky and may be detrimental to a firm’s short-term financial performance (Burgelman & Scales, 1986; Fast, 1981).
Jennings, D.F. and Hindle, K.G. (2004), "EQUIFINALITY, CORPORATE ENTREPRENEURSHIP AND STRATEGY-STRUCTURE-PERFORMANCE RELATIONSHIPS", Advances in Entrepreneurship, Firm Emergence and Growth (Advances in Entrepreneurship, Firm Emergence and Growth, Vol. 7), Emerald Group Publishing Limited, Bingley, pp. 101-143. https://doi.org/10.1016/S1074-7540(04)07005-9
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