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Corporate entrepreneurship as knowledge creation and conversion: the role of entrepreneurial hubs

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  • Shaker Zahra

Abstract

Corporate entrepreneurship (CE) is an important means for inducing innovation, revitalizing organizations, and enhancing productivity. It is also the source of new knowledge that allows companies to create capabilities to enter new markets and achieve growth. This article highlights key findings from a 25-year-long stream of research, conducted in several countries, that shows how CE creates knowledge and the variety of knowledge that emerges from different CE activities. It also explains the role of entrepreneurial hubs in capturing, accumulating, converting and translating, and integrating this knowledge, enabling companies to build new revenue streams. The role of these hubs is pervasive, calling for engaged management and creativity in building linkages within and across the different units of an organization. Knowledge, the foundation of competitive superiority, is clearly one of the most important products of CE in today’s dynamic global markets. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Shaker Zahra, 2015. "Corporate entrepreneurship as knowledge creation and conversion: the role of entrepreneurial hubs," Small Business Economics, Springer, vol. 44(4), pages 727-735, April.
    • Handle: RePEc:kap:sbusec:v:44:y:2015:i:4:p:727-735
    DOI: 10.1007/s11187-015-9650-4
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    References listed on IDEAS

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    1. Zahra, Shaker A., 1993. "Environment, corporate entrepreneurship, and financial performance: A taxonomic approach," Journal of Business Venturing, Elsevier, vol. 8(4), pages 319-340, July.
    2. Markku V. J. Maula & Thomas Keil & Shaker A. Zahra, 2013. "Top Management’s Attention to Discontinuous Technological Change: Corporate Venture Capital as an Alert Mechanism," Organization Science, INFORMS, vol. 24(3), pages 926-947, June.
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    6. Shaker A. Zahra & Els Van de Velde & Bárbara Larrañeta, 2007. "Knowledge conversion capability and the performance of corporate and university spin-offs," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(4), pages 569-608, August.
    7. Volker Mahnke & Markus Venzin & Shaker A. Zahra, 2007. "Governing Entrepreneurial Opportunity Recognition in MNEs: Aligning Interests and Cognition Under Uncertainty," Journal of Management Studies, Wiley Blackwell, vol. 44(7), pages 1278-1298, November.
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    More about this item

    Keywords

    Corporate entrepreneurship; Knowledge creation; Knowledge conversion; Knowledge integration; Entrepreneurial hubs; L26;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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