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Organizational culture and corporate entrepreneurship

Author

Listed:
  • Svetislav Paunovic

    (Union University Beograd, Serbia)

  • Ioan Constantin Dima

    („Valahia” University of Târgovişte, Romania)

Abstract

Keeping and increasing competitive advantages in a relatively longer period of time has become very difficult and challenging for businesses. In order to survive in a very turbulent business environment, large organizations are under the pressure of constant changes while struggling to overcome what has been done in the near past. The business strategies that are based on passive adaptation to changes increasingly give way to the innovation-based proactive strategies, which means the implementation of different forms of corporate entrepreneurship. Corporate entrepreneurship has become necessary precondition for sustainable business development. One of the key elements of corporate entrepreneurship model relates to the creation of an adequate organizational culture that includes referent values of entrepreneurial culture as well as motivational factors that support effective implementation of these values in the corporate environment and foster entrepreneurship to grow and flourish.

Suggested Citation

  • Svetislav Paunovic & Ioan Constantin Dima, 2014. "Organizational culture and corporate entrepreneurship," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(1), pages 269-276.
    • Handle: RePEc:pet:annals:v:14:y:2014:i:1:p:269-276
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    References listed on IDEAS

    as
    1. Bruce R. Barringer & Allen C. Bluedorn, 1999. "The relationship between corporate entrepreneurship and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 20(5), pages 421-444, May.
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    Cited by:

    1. Christopher Arz, 2017. "Mechanisms of Organizational Culture for Fostering Corporate Entrepreneurship: A Systematic Review and Research Agenda," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 25(04), pages 361-409, December.
    2. Maame Afua Boatemaa & Kwaku Oppong Asante & Collins Badu Agyemang, 2019. "The Moderating Role of Psychological Flexibility in the Relationship Between Organizational Commitment, Workaholism, Job Security, and Corporate Entrepreneurship Among Information Technology Workers i," SAGE Open, , vol. 9(3), pages 21582440198, August.

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    More about this item

    Keywords

    corporate entrepreneurship; organizational culture; entrepreneurship;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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