Corporate entrepreneurship and innovation part 2 : a role- and process-based approach

McFadzean, Elspeth, O'Loughlin, Andrew and Shaw, Elizabeth 2005, Corporate entrepreneurship and innovation part 2 : a role- and process-based approach, European journal of innovation management, vol. 8, no. 4, pp. 393-408.

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Title Corporate entrepreneurship and innovation part 2 : a role- and process-based approach
Author(s) McFadzean, Elspeth
O'Loughlin, Andrew
Shaw, Elizabeth
Journal name European journal of innovation management
Volume number 8
Issue number 4
Start page 393
End page 408
Total pages 16
Publisher Emerald Group Publishing
Place of publication Bingley, England
Publication date 2005
ISSN 1460-1060
1758-7115
Keyword(s) communication processes
entrepreneurs
innovation
social psychology
visual perception
Summary Purpose – To extend the discussion held in part 1, and develop a two-tier fifth-generation model of corporate entrepreneurship and innovation. Design/methodology/approach – The components that have been synthesized from a review of the literature in Part 1 are extended using evidence from the literature. These components are used to construct a two-tier model of corporate entrepreneurship and innovation; a macro model which presents the high-level environmental drivers of innovation and a micro model that discusses the contextual factors that underpin the corporate entrepreneurship and innovation process. Findings – From the analysis conducted in part 1 it is evident that there is a strong relationship between the role of the corporate entrepreneur and the innovation process. It is suggested that by separating the corporate entrepreneur from the innovation process previous models have been overly reductionist in their construction, and their utility has, as a consequence, been severely constrained. The study therefore combines the role and activities of the entrepreneur with the innovation process into a unified framework. In doing so the paper develops a two-tier fifth-generation model of corporate entrepreneurship and innovation. The final sections of the paper present the model's implications for management and suggestions for further research. Originality/value – This paper fulfils an identified gap in the literature, namely the development of a new holistic model of corporate entrepreneurship and innovation, which illustrates the environmental and contextual relationships between the corporate entrepreneur and the innovation process.
Language eng
Field of Research 159999 Commerce, Management, Tourism and Services not elsewhere classified
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
Persistent URL http://hdl.handle.net/10536/DRO/DU:30051957

Document type: Journal Article
Collection: School of Management and Marketing
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