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Fostering Corporate Entrepreneurship in SMEs: Evidence from India

Author

Listed:
  • Inakshi Kapur

    (Amity College of Commerce and Finance, Amity University Uttar Pradesh, India)

  • Anjani Kumar Singh

    (Amity Business School, Amity University, Uttar Pradesh, India)

  • Gurendra Nath Bhardwaj

    (NIIT University, Neemrana, Rajasthan, India)

Abstract

There is fair consensus regarding the importance of creating a supportive internal environment within organizations to encourage entrepreneurial mindsets and behavior. The majority of extant studies have involved large-sized organizations in the Western context. This study aims to extend the understanding of well-established antecedents of corporate entrepreneurship (CE) to small and medium-sized enterprises (SME) in the Indian context, propose a new variable, and test its influence on CE. Partial least square structural equation modeling (PLS-SEM) was applied to a sample of 185 respondents belonging to various managerial levels across different Indian SMEs. The results show a positive and significant relationship between management support, rewards and recognition and organizational values for fostering CE in Indian SMEs. SMEs play a significant role in socio-economic development, and this study can help understand how the benefits of CE can be leveraged to increase SMEs’ innovativeness and competitive advantage.

Suggested Citation

  • Inakshi Kapur & Anjani Kumar Singh & Gurendra Nath Bhardwaj, 2023. "Fostering Corporate Entrepreneurship in SMEs: Evidence from India," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 31(01), pages 25-46, March.
    • Handle: RePEc:wsi:jecxxx:v:31:y:2023:i:01:n:s0218495823500012
    DOI: 10.1142/S0218495823500012
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