Creating Corporate Entrepreneurship

JM Stopford, C Baden-Fuller

Research output: Contribution to journalArticleAcademicpeer-review

485 Citations (Scopus)

Abstract

This paper demonstrates how the various types of corporate entrepreneurship–individual managers, business renewal and Schumpeterian, or industry, leadership–share five ‘bundles’ of attributes. Each type can exist in one firm, though at different times as the common attributes change their role and relative importance. External and internal triggers for change are examined for a sample of 10 firms in 4 European industries. The data suggest a provocative conclusion: troubled firms in hostile environments can shed past behaviors, adopt policies fostering entrepreneurship and accumulate innovative resource bundles that provide a platform on which industry leadership can be built.
Original languageEnglish
Pages (from-to)521-536
Number of pages16
JournalStrategic Management Journal
Volume15
Issue number7
DOIs
Publication statusPublished - 1994

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