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Research on entrepreneurship and especially corporate entrepreneurship has been fragmented and lacks accepted definitions. This study develops an objective definition of corporate entrepreneurship from two areas of entrepreneurial research. Using a statewide sample of savings and loans, this research classifies organizations as entrepreneurial and conservative and empirically tests hypotheses relating to the notion of corporate entrepreneurship. MANOCOVA analysis, controlling for size, supported the hypotheses that in entrepreneurial organizations, (a) decision making is more participative, (b) decision making relies more on specialized personnel, (c) performance objectives are developed from shared participation, and (d) managers will not be penalized if risky projects fail. It was not found that managers of entrepreneurial organizations rely less on integration processes to assist in implementing decisions.

New firms are an important mechanism through which new jobs are created. However, the new venture failure rate is greater than the rate of creation. Business incubators have been organized to bring new businesses together to increase the probability of success. Incubators do not guarantee success; however, evaluating potential clients on Critical Success Factors can minimize failures once the firm joins an incubator. This research investigates the screening practices of incubators and identifies unique groups of incubators. The screening practices were found to relate to sponsorship but not to physical characteristics or objectives.

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