Creating a Corporate Entrepreneurship Strategy for Competitive Advantage

Enginoğlu, Didem; Arikan, Cenk Laçin

doi:10.18825/irem.77735

Cited by 4 publications

(3 citation statements)

References 30 publications

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“…They are also given the opportunity to manage development funds from both the government and outside parties. The basic concept of empowerment referred to as alternative development that requires inclucive democracy, approprite economic growth, gender equality and intergeranational equality [19]. Chambers states that economic empowerment in society is a concept of economic and political development that encapsulates various social values [20].…”

Section: Iv4 Results Of Community Economic Empowerment In Business Gr...mentioning

confidence: 99%

Entrepreneurial Innovation Strategy to Asean Economic Community and China-Asean Free Trade Agreement

Bashith¹,

Nasith²,

Saifullah³

et al. 2019

JARDCS

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The ability to innovate in entrepreneurship determines the success of the business in the midst of very competitive competition, especially in entering the era of the Asean Economic Community (AEC) and China-Asean Free Trade Agreement (CAFTA). The existence of business groups in the center of the Mejayan brem industry, Madiun Regency, human resources within it have a capable and reliable entrepreneurial ability. The researcher is interested in examining and examining the existence of the brem industry center, and providing guidance as a form of dedication to the surrounding community so that they are more empowered in their economic capacity, can continue to carry out their business activities, and increase their competitiveness in the midst of competition in the AEC and CAFTA. The type of research conducted is qualitative research. The type of approach used in this study is a case study approach. In this study the data collection uses interviews, observation, and documentation. Data analysis using inductive and descriptive methods. The results of the study show that (1) the form of applied entrepreneurship strategy is the entrepreneurial strategy in general, small companies that are growing and developing successfully on an ongoing basis and can compete excellently to have a limited scope of market geographical distribution. (2) The entrepreneurial strategy innovation applied is the marketing mix, including Product, Price, Place/Distribotion, Promotion. (3) Entrepreneurship strategy innovation innovation has succeeded in increasing its sales volume and preparing it to enter the AEC and CAFTA. (4) The results of community economic empowerment appear that the lives of the people are already wellestablished. Business activities carried out can improve their standard of living and welfare so that they can realize economic independence.

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Section: Iv4 Results Of Community Economic Empowerment In Business Gr...mentioning

confidence: 99%

Entrepreneurial Innovation Strategy to Asean Economic Community and China-Asean Free Trade Agreement

Bashith¹,

Nasith²,

Saifullah³

et al. 2019

JARDCS

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“…Several studies discovered that intrapreneurship contains achievement motivation (Collins et al, 2009;Dhewanto, 2013;Aarakit & Kimbugwe, 2015;Baruah & Ward, 2015;Mahmoud, Ahmad, & Poespowidjojo, 2018). Furthermore, achievement motivation was related to the work environment, reward system, management support, and job satisfaction (North, 2015;Enginoğlu & Arikan, 2016;Widya-Hastuti, Talib, Wong, & Mardani, 2016;McDowell, 2017;Falola et al, 2018). They are treated as the sub-focuses of this research.…”

Section: Intrapreneurship In Retail Businessmentioning

confidence: 96%

Intrapreneurship of Middle-Level Managers: How to Trigger Their Achievement Motivation?

Timotius

2023

jmk

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This research aimed to find a way to trigger the achievement motivation of middle-level managers as intrapreneurs. It was quantitative research with data collected from 41 store managers in a national bicycle retail chain in Indonesia through 32-Likert scale questions. Path analysis measures the effect of three independent variables and one intervening variable on a dependent variable. The findings indicated that the achievement motivation of a middle-level manager was directly affected by the reward system and job satisfaction. However, they need management support to become intrapreneurs in the retail business. Management support had a significant direct effect on job satisfaction and a significant indirect and direct effect on achievement motivation. The work environment, reward system, and management support simultaneously directly affected achievement motivation. In short, these findings encourage companies to focus on management support to trigger the achievement motivation of middle-level managers. Job satisfaction, reward system, and work environment also contribute to reaching this objective consecutively.

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“…Therefore, CE is critical in today's environment as its benefits are remarkable for many businesses and organizations (including in the industry sector) and it has a significant effect on organizational performance (Behram and Özdemirci, 2014;Dess et al, 2003;Kassa and Raju, 2015). Previous studies have found that CE activities such as innovativeness, risktaking and corporate venturing are conducive to financial performance (Enginoglu and Arikan, 2016;Kuratko et al, 2015;Lumpkin and Dess, 1996). In recent years, organizations have been surrounded by a dynamic and turbulent environment with extremely competitive markets.…”

Section: Introductionmentioning

confidence: 99%

Did the environmental jolt matter? Corporate entrepreneurship and firm financial performance in Egypt

Tantawy

Elaasi

Elshawadfy

2021

JEEE

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Purpose Evidence suggests that corporate entrepreneurship (CE), namely, innovativeness, risk-taking and corporate venturing, enhances a firm’s performance. However, the study of CE in developing markets – particularly in Egypt – is still new and undeveloped. The literature stresses the importance of incorporating environmental factors into the study of CE. Therefore, the purpose of this study is to examine the relationship between CE, environmental jolts (unexpected abrupt environmental events such as the Arab Spring) and the firm’s financial performance. Based on the periods before and after the series of anti-government protests known as the Arab Spring, this paper argues that after an environmental jolt, CE will negatively affect financial performance. Design/methodology/approach This study analyzes and correlates CE, environmental jolts and firm performance in Egypt for a period over 10 years (from 2007 through 2016) using a sample of 94 manufacturing firms listed on the Egyptian Stock Exchange. Data were manually collected through archival/secondary data using financial and accounting information from the annual reports released by the firms. These reports were downloaded from the firms’ webpages and the Egyptian Exchange website. Findings The main results of this paper indicate that environmental factors play a role in the effect of CE on firm performance. Using the 2011 Arab Spring as a quasi-natural experiment, this paper finds that CE’s effect on firm performance is higher pre-jolt and lower post-jolt. Practical implications This study provides useful implications for managers and practitioners. Firms need to find new ways of allocating their resources to help provide innovative products and to have a competitive advantage. Although innovation, risk-taking and corporate venturing may have a delayed impact on a firm’s financial performance, managers should evaluate the implications and the success of CE activities in the long-term, not from a short-term perspective. Originality/value Building upon the existing literature, this is the first paper to investigate the effect of CE on a firm’s financial performance in Egypt during the Arab Spring. The manufacturing firms listed on the Egyptian Exchange were analyzed in a quasi-natural experiment, taking into account the moderating role of an environmental jolt, namely, the Arab Spring.

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Creating a Corporate Entrepreneurship Strategy for Competitive Advantage

Cited by 4 publications

References 30 publications

Entrepreneurial Innovation Strategy to Asean Economic Community and China-Asean Free Trade Agreement

Entrepreneurial Innovation Strategy to Asean Economic Community and China-Asean Free Trade Agreement

Intrapreneurship of Middle-Level Managers: How to Trigger Their Achievement Motivation?

Did the environmental jolt matter? Corporate entrepreneurship and firm financial performance in Egypt

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