A health audit for corporate entrepreneurship: innovation at all levels: part I

R. Duane Ireland (Foreman R. and Ruby S. Bennett Chair in Business in the Mays Business School, Texas A&M University. He also serves as Department Head of the school's management department. He is a Fellow of the Academy of Management and has received numerous awards for his research and teaching.)
Donald F. Kuratko (Jack M. Gill Chair of Entrepreneurship; Professor of Entrepreneurship and Executive Director of the Johnson Center for Entrepreneurship and Innovation; The Kelley School of Business, Indiana University – Bloomington. He has authored over 150 articles and 22 books on entrepreneurship and corporate entrepreneurship.)
Michael H. Morris (Holds the Witting Chair in Entrepreneurship at Syracuse University and serves as Chairman of the Department of Entrepreneurship. Dr Morris has published four books and over 100 articles in academic journals. He received the Appel Prize for contributions to entrepreneurship and is a former Fulbright Scholar.)

Journal of Business Strategy

ISSN: 0275-6668

Publication date: 1 January 2006

Abstract

Purpose

Identifies issues to consider when designing a corporate entrepreneurship strategy, discuss the triggers of corporate entrepreneurship, and describe an internal work environment that supports corporate entrepreneurship.

Design/methodology/approach

Based on the extant literature, case studies, and the authors' experiences with a diverse mix of companies, the nature and importance of a corporate entrepreneurship strategy is described, together with insights into the internal and external factors that facilitate corporate entrepreneurship and a strategy used to support it.

Findings

The ability to foster high levels of entrepreneurial intensity and formulate effective corporate entrepreneurship strategy is associated with key elements of the organizational climate. Four major climate variables are assessed. Conclusions are drawn regarding the value an entrepreneurial mindset creates when used in established firms.

Research implications

Raises a number of questions regarding the role of strategic versus non‐strategic approaches to encouraging entrepreneurship and innovation in larger, established companies, as well as the relative importance of differing triggering events and various climate variables in influencing a successful corporate entrepreneurship strategy.

Practical implications

Demonstrates to managers how to strategically approach the concept of entrepreneurship within a larger organization, including how to design an internal work environment that is conducive to encouraging employees to act on their innate entrepreneurial potential.

Originality/value

Fulfills a missing gap in terms of how established firms can make entrepreneurship a core element of their approaches to strategic management and offers practical insights into some of the more vital factors that contribute to sustainable levels of entrepreneurship in established firms.

Keywords

Citation

Duane Ireland, R., Kuratko, D.F. and Morris, M.H. (2006), "A health audit for corporate entrepreneurship: innovation at all levels: part I", Journal of Business Strategy, Vol. 27 No. 1, pp. 10-17. https://doi.org/10.1108/02756660610640137

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Publisher

:

Emerald Group Publishing Limited

Copyright © 2006, Emerald Group Publishing Limited

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