In This Article Corporate Entrepreneurship

  • Introduction
  • Textbooks
  • Popular Books
  • Journals
  • Emerging Specialty Topics
  • Future Directions

Management Corporate Entrepreneurship
by
Donald F. Kuratko, Sarah K. Nagelvoort
  • LAST MODIFIED: 26 October 2015
  • DOI: 10.1093/obo/9780199846740-0085

Introduction

Corporate entrepreneurship (CE) is a term used to describe entrepreneurial behavior inside established mid-sized and large organizations. Other popular or related terms include organizational entrepreneurship, intrapreneurship, corporate venturing, and strategic entrepreneurship. Regardless of the reason the firm decides to engage in CE, it has become a major strategy in all types of organizations. The theoretical and empirical knowledge about the domain of CE has developed since the mid-1970s, and the entrepreneurial behavior on which it is based has improved with this research emphasis. Thus, many of the elements essential to constructing a theoretically grounded understanding of CE can be readily identified from the extant literature since the 1970s. It is our intention that this article serve as a valuable resource in examining the existing body of knowledge in this field, as well as a guide to defining the aspects of future research streams.

Textbooks

We begin this article with a discussion of the few traditional textbooks in the field of corporate entrepreneurship. The book Corporate Entrepreneurship & Innovation (Morris, et al. 2011) is by far the most well-known classroom text. We have also included Innovation Acceleration (Kuratko, et al. 2012) and Corporate Venturing (Block and MacMillan 2003) as useful and relatively up-to-date coverage of the corporate-innovation topics and specific concepts. Corporate Venturing is included as the very first book to capture the early developments with internal corporate venturing. These three textbooks comprise the very best that has been authored for the field of corporate entrepreneurship.

  • Block, Zenas, and Ian C. MacMillan. Corporate Venturing: Creating New Businesses within the Firm. Washington, DC: BeardBooks, 2003.

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    The authors argue that innovation and entrepreneurship are critical to firm survival in a turbulent business environment and propose corporate venturing as a way to revitalize firms. The book explores the internal venturing process from opportunity identification to implementation and managing for success. First edition published in 1993 (Boston: Harvard Business School Press).

  • Kuratko, Donald F., Michael G. Goldsby, and Jeffrey S. Hornsby. Innovation Acceleration: Transforming Organizational Thinking. Upper Saddle River, NJ: Pearson / Prentice Hall, 2012.

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    This book examines the processes involved with corporate entrepreneurship and innovation and includes a method to assess a firm’s readiness for entrepreneurial activity. The major purpose of this book is to provide established organizations with a tool for self-analysis and innovative preparation. This book helps organizations understand and evaluate their venture plans, as well as their entrepreneurial environment before proceeding with any entrepreneurial ventures.

  • Morris, Michael H., Donald F. Kuratko, and Jeffrey G. Covin. Corporate Entrepreneurship & Innovation. 3d ed. Mason, OH: Cengage Learning, 2011.

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    This textbook is systematically organized around the nature of entrepreneurship in established organizations. More than simply discussing the concept in general, this book pursues the details involved when implementing an entrepreneurial strategy inside existing organizations. Each of the three major sections of the book is designed around a summary model of the Sustainable Corporate Entrepreneurship process developed by the authors after years of research and consulting with numerous corporations seeking to establish programs in corporate innovation. It is the leading textbook for teaching corporate entrepreneurship in a classroom setting.

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