Corporate Entrepreneurship And Strategic Management: An Integrated Conceptual Model

Recently, there has been a growing interest in the use of corporate entrepreneurship as a means for corporations to enhance the innovative abilities of their employees and, at the same time, increase corporate success through the creation of new corporate ventures. However, it is difficult to create corporate activity since it involves radically changing internal organizational behavior patterns. Researchers have attempted to understand the factors that stimulate an or impede corporate entrepreneurship. They examined some factors that influence the behavior of a firm’s owner, the firm's strategy and external environment. It appears that the firms which grow more are strategically entrepreneurial, and win an advantage in their search for opportunities. This paper aims to define a coherent theoretical framework of reference which will lead to a broader understanding of the entrepreneurship process, and focuses on the relationship between corporate entrepreneurship and strategic management integrated into a conceptual model of corporate entrepreneurship.