While numerous authors have advanced the notion of "visionary leadership" during the last twenty years, the concept of "entrepreneurial leadership" has emerged as the critical factor for the 21st century corporation. This article describes the focus and strategy behind corporate entrepreneurship while presenting a framework for professionals to understand the importance of implementing entrepreneurial leadership in these organizations. The organizational dimensions and the specific elements involved with corporate entrepreneurship set the stage for understanding the interactive process of individuals and organizations. It is this understanding that will focus professionals on the leadership of tomorrow-entrepreneurial leadership.
Get full access to this article
View all access options for this article.
References
1.
Alterowitz, R., NewCorporate Ventures , John Wiley & Sons: New York , 1988.
2.
Bird, B., "Implementing Entrepreneurial Ideas: The Case for Intention," Academy of Management Review, 13, 442-453, 1988.
3.
Block, Z. & Ornati, O.A., "Compensating Corporate Venture Managers" Joumal of Business Venturing, 2, 41-51, 1987.
4.
Brandt, Steven C., Entrepreneuring in Established Companies, Homewood, Illinois , Dow Jones/Irwin Company, 1986 .
5.
Brazeal, D.V., "Organizing for Internally Developed Corporate Ventures," Journal of Business Venturing, 8, 75-90, 1993.
6.
Brown, Rick and Meresman, Joseph L., "Balancing Stability and Innovation to Stay Competitive," Personnel, 49-52, September 1990.
7.
Burgelman, R.A. "Corporate Entrepreneurship and Strategy Management: Insights from a Process Study," Management Science, 1349-1369, December 1983.
8.
Burgelman, R.A., "Designs for Corporate Entrepreneurship," California Management Review, 26, 154-166, 1984.
9.
Burgleman, R.A. and Sayles, L.R., Inside Corporate Innovation: Strategy, Structure, and Managerial Skills, New York, NY : Free Press, 1986.
10.
Bygrave, W.D., "The Entrepreneurship Paradigm (I): A Philosophical look at it's Research Methodologies," Entrepreneurship Theory and Practice, 1-26, 14(1),1989.
11.
Covin, J.G. and Slevin, D.P., "A Conceptional Model for Entrepreneurship as Firm Behavior," Entrepreneurship Theory and Practice, 7-25, Fall 1991.
12.
Damanpour, F., "Organizational Innovation : A Meta-Analysis of Effects of Determinant and Moderators," Academy of Management Journal, 34, 355-392, 1991.
13.
Dent, Harry S., Jr., "Reinventing Corporate Innovation" Small Business Report, 31-42, June 1990.
14.
Drucker, Peter F., "The Discipline of Innovation," Harvard Business Review , 67-72, May-June 1985.
15.
Duncan, W. Jack. et al., "Intrapreneurship and the Re-invention of the Corporation," Business Horizons, 16-21, May-June 1988.
16.
Ellis, R.J. and Taylor, N.T., "Success and Failure in Internal Venture Strategy: An Exploratory Study," Frontiers of Entrepreneurship Research, Mass: Babson College, 518-533, 1988.
17.
Endler, N.S., "Interactionism: A Personality Model But Not Yet a Theory," In M.M Page & R. Dienstbier (eds.), Personality-Current Theory and Research, Nebraska Symposium on Motivation, Lincoln: University of Nebraska Press.
18.
Fry, A., "The Post-it-Note: An Entrepreneurial Success" SAM Advanced Management Joumal, 4-9, Summer 1987.
19.
Greenberger, D.B., & Sexton, D.L., "An Interactive Model of New Venture Creation," Joumal of SmallBusiness Management1-7, 26, 1988.
20.
Guth, W.D. and Ginsberg, A., "Corporate Entrepreneurship" Strategic Management Journal , Special Issue 11, 5-15, 1990.
21.
Goddard, Robert W., "Recharging the Power Shortage in Corporate America," Personnel Journal, 39-42, March 1987.
22.
Hisrich, R.D. and Peters, M.P., "Establishing a New Business Venture Unit Within a Firm," Journal of Business Venturing, 1, 307-300, 1986.
23.
Hisrich, Robert D., "The Inventor: A Potential Source for New Products" Mid-Atlantic Joumal of Business, 67-79, Winter 1985-86.
24.
Hornsby, J.S., Naffziger, D.W., Kuratko, D.F. and Montagno, R.V., "An Interactive Model of the Corporate Entrepreneurship Process," Entrepreneurship Theory and Practice, 29-37, Spring 1993.
25.
Howell, Jane M. And Higgins, Christopher A., "Champions of Change; Identifying Understanding, and Supporting Champions of TechnologyInnovations," Organizational Dynamic, 40-55, Summer 1990.
26.
Kanter, R.M., "Supporting Innovation and Venture Development in Established Companies ," Journal of Business Venturing, 1, 47-60, 1985.
27.
Katz, J. and Gartner, W.B., "Properties of Emerging Organizations," Academy of Management Review, 13, 429-441, 1988.
28.
Kuratko, Donald F. and Hodgetts, Richard M., Entrepreneurship : A Contemporary Approach, 4th ed., Ft. Worth, TX: HBJ/Dryden Press1998.
29.
Kuratko, D.F., Hornsby, J.S., Naffziger, D.W. and Montagno, R.V., "Implementing Entrepreneurial Thinking in Established Organizations " Advanced Management Joumal, 28-33, Winter 1993.
30.
Kuratko, D.F., "Intrapreneurship: Developing Innovation in the Corporation" Advances in Global High Technology Management-High Technology Venturing , 3, 3-14, 1993.
31.
Kuratko, Donald F., and Hornsby, Jeffrey S., and Montagno, Ray V., "Critical Organizational Elements in Corporate Entrepreneurship" Presentation to the Academy of Management, Proceedings Absfract, 424, August 1992.
32.
Kuratko, D.F., Montagno, R.V., and Hornsby, J.S., "Developing an Entrepreneurial Assessment Instrument for an Effective Corporate Entrepreneurial Environment," Strategic Management Joumal, 11, 49-58, 1990.
33.
Kuratko, D.F. and Montagno, R.V., "The Intrepreneurial Spirit" Training and Development Joumal, 83-87, October 1989.
MacMilllian, I.C., Block, Z., and Narasimha, P. N. Subba, "Corporate Venturing: Alternatives, Obstacles Encountered, and Experience Effects," Journal of Business Venturing, 1,177-191,1986.
36.
McWilliams, B., "Strengths from Within-How Today's Companies Nurture Entrepreneurs ," Enterprise, 43-44, April 1993.
Merrifield, D.B., "Intrapreneurial Corporate Renewal," Journal of Business Venturing, 8, 383-389,1993.
39.
Miller, D., "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, 37, 770-791, 1993.
40.
Miller, D., & Friesen, P., "Innovation in Conservative and Entrepreneurial Firms: Two Models of StrategicManagement," Strategic Management Joumal, 1-25, 3, 1985.
41.
Morse, C. Wesley, "The Delusion of Intrapreneurship," Long Range Planning , Vol. 19, 92-95, 1986.
42.
Naman, J. and Slevin, D., "Entrepreneurship and the Concept of Fit: A Model and Empirical Tests ," Strategic Management Joumal, 14, 137-153, 1993.
43.
Peters, Tom, The Circle of Innovation, New York: Knopf Publishers, 1997.
44.
Peters, Thomas J., Thriving on Chaos, New York: Harper & Row, 1987.
45.
Pinchott, G., Intrapreneurship, New York: Harper and Row, 1985.
46.
Potkay, C.A., & Allen, B.P., Personality: Theory, Research and Applications, Moterey, CA: Brooks/Cole Publishing Co., 1986.
Sathe, V., "Fostering Entrepreneurship in Large Diversified Firms," Organizational Dynamics, 18, 20-32, 1989.
49.
Sathe, V., "Managing an Entrepreneurial Dilemma: Nurturing Entrepreneurship and Control in Large Corporations," Frontiers of Entrepreneurship Research, Wellesley, Mass: Babson College, 636-656,1985.
50.
Scanlan, B.K., "Creating a Climate for Achievement," Business Horizons , 5-9, March-April 1981.
51.
Schroeder, Dean M., "A Dynamic Perspective on the Impact of Process Innovation Upon Competitive Strategies," Strategic Management Journal, 25-41, 2, 1990.
52.
Schuler, R.S., "Fostering and Facilitating Entrepreneurship in Organizations: Implications for Organization Structure and Human Resource Management Practices," Human Resource Management, 25, 607-629,1986.
53.
Slevin, Dennis P. and Covin, Jeffrey, G., "Juggling Entrepreneurial Style and Organizational Structure: How to Get your Act Together," Sloan Management Review, 43-53, Winter 1990 .
54.
Souder, W., "Encouraging Entrepreneurship in large Corporations," Research Management, 18-22, May 1981.
55.
Stevenson, H.H. and Jarillo, J.C., "A Paradigm of Entrepreneurship: Entrepreneurial Management," Strategic Management Journal, Special Issue11, 17-27, 1990.
Sykes, H.B., "Incentive compensation for Corporate Venture Personnel," Joumal of Business Venturing, 7, 253-265,1986.
58.
Sykes, H.B. and Block, Z., "Corporate Venturing Obstacles: Source and Solutions," Journal of Business Venturing, 4, 159-167, 1989.
59.
Sykes, H.B., "The Anatomy of a Corporate Venturing Program," Journal of Business Venturing, 1, 275-293, 1986.
60.
Vesper, K.H., "Three Faces of Corporate Entrepreneurship: A Pilot Study," Frontiers of Entrepreneurship Research, Wellesley, MA: Babson College, 294-320, 1984.
61.
Von Hippel, E., "Successful and Failing Internal Corporate Ventures: An Empirical Analysis ," Industrial Marketing Management, 6,163-174, 1977.
Zahra, S.A. and Covin, J.G., "Contextual Influences on the Corporate Entrepreneurship-Performance Relationship: A Longitudinal Analysis," Joumal of Business Venturing, 10, 43-58, 1995.
64.
Zahra, S.A., "Environment, Corporate Entrepreneurship and Financial Performance: A Taxonomic Approach," Journal of Business Venturing, 8, 319-340, 1993.
65.
Zahra, S.A., "Predictors and Financial Outcomes of Corporate Entrepreneurship: An Exploratory Study," Journal of Business Venturing, 6, 259-286, 1991.
