Intangibles Resources and Corporate Performance: The Role of Corporate Entrepreneurship as Mediator and Entrepreneurial Action as Moderator

Abstract

: This study examined the mediating role of corporate entrepreneurship in the effects of corporate reputation, strategic leadership, and corporate culture on corporate performance, in turn, the moderating role of entrepreneurial action in the relationship between corporate entrepreneurship and corporate performance. This study was organization-level of 24 business units. From each business unit, this study selected six to nine respondents consisting of the general manager, manager, supervisor, and senior staff; 156 respondents totally. Structural equation modeling with Partial Least Squares (SEM-PLS) was used to test the measurement model of each construct. In addition, SEM-PLS also used to verify the mediating role of corporate entrepreneurship as well as the moderating role of entrepreneurial action. The results showed that corporate reputation, strategic leadership, and corporate culture were positively associated with corporate performance through corporate entrepreneurship as a mediator. Moreover, the relationship between corporate entrepreneurship and corporate performance was strengthened by entrepreneurial action. Entreprises should develop, maintain, and improve their intangibles resources to provide the good entrepreneurship value for them. The good entrepreneurship value may improve the corporate performance which strengthened by entrepreneurial action.

Star intrapreneurs:characteristics of Indonesian corporate entrepreneurs

“…The star intrapreneur models for both studies are proven good fit. In accordance with the assumptions of Wahjudono [ 28 ]; the current research proves that the star intrapreneur scale, which describes the characteristics of intrapreneurs in Indonesia, is divided into two dimensions: person and interaction. The person dimension was proven to have three indicators: pattern of constructive thinking, pattern of positive attitude, and pattern of productive action.…”

“…As a direct response to this research gap, the current study aims to examine an intrapreneur character scale at the individual level in Indonesian context. The scale is referred to as star intrapreneurs, and the dimensions not only emphasize the individual's characteristics as an entrepreneurial figure or person, but also their characteristics in terms of interacting in accordance with the norms of their workplace [ 28 ].…”

“…The two dimensions and each of their three sub-dimensions are depicted in the form of two inter-related triangles that form a “star”, resulting in the concept being termed star intrapreneurs, as seen in Fig. 1 [ 28 ].

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