The Mediating Role of Corporate Entrepreneurship in the Organizational Support–Performance Relationship: An Empirical Examination

Corporate entrepreneurship has been recognized as an important element in organizational performance. Organizational support in terms of training and trusting individuals within the firm to detect opportunities and in terms of resource availability has been proposed to positively influence a firm’s entrepreneurial activities. Despite the recognition of the organizational support–corporate entrepreneurship– performance linkage, this relationship has been approached in different ways from the theoretical and empirical perspective. Some unsolved mediation issues of past research are addressed in this study by testing three alternative hypotheses. The research design was a cross-sectional, mailed questionnaire. The findings indicate that corporate entrepreneurship (new firm formation, product/service and process innovation) can be considered a potent mediator in the organizational support–performance relationship.

Employee Loyalty And Its Impact On Firm Growth

Employees are crucial for the achievement of internal quality and consequently for business performance of companies. The quality of employees, their competencies, loyalty and commitment are extremely important for business performance achievement. For development of employee loyalty it can be important that employees find in work, which they perform, challenge, interest and the feeling of accomplishment. The way of treatment of employees in the organization is decisive in determining if employees will indeed become an integral part of the competitive advantage of the company. The paper focuses on employee loyalty and growth of companies. The hypothesis about the relationships between employee loyalty and firm growth was developed and empirically tested. Data collection was based of responses to the structured questionnaire on the sample of Slovenian companies from service and manufacturing industries. The hypothesis was tested by using regression analysis. Findings indicate a positive relationship between employee loyalty and firm growth, particularly for manufacturing firms. Recommendations for companies are also provided

The Quality of Entrepreneurship Education and the Intention to Continue Education: Slovenia and Romania

Entrepreneurship and management education is important in developing knowledge and skills of entrepreneurs. In this paper, entrepreneurship education satisfaction and quality are compared between two countries: Slovenia and Romania, and the relationship between education quality and education continuation is assessed in both countries. Multi-item measures were used, questionnaire data were obtained in both countries, measurement scales were tested, and differences between the two countries were assessed by comparing means and regression analysis coefficients. We found that education content and process quality and education satisfaction of participants tend to be the strongest predictors of a subsequent decision to continue education in both countries. Room and equipment adequacy may also be important, but our findings showed this result only for Romania. Some other findings and recommendations are also presented.entrepreneurship, education, quality

Relative Price Changes And Exchange Rate Determination With Slow Price Adjustment: An Empirical Analysis

The general purpose of this paper is to analyze empirically sectoral price adjustment in the exchange rate adjustment process. Relative price changes may occur within a sector between countries, and within a country between sectors. Our main objective is to test the hypothesis that both kinds of relative price changes occur in the adjustment process to disturbances in money demand and supply. In particular, we expect that the relative prices among goods of different tradedness --ranging from perfectly traded to non-traded goods--are affected by such disturbances. Our second objective is to test empirically whether the nature of exchange rate adjustment is affected by the average speed of sectoral price adjustment towards the law of one price and whether the exchange rate overshoots purchasing power parity after monetary disturbances

Antoncic, Madelyn - Audio Interview with FCIC

FCIC staff audiotape of interview with Madelyn Antoncic, Lehman Brother

The mediating role of corporate entrepreneurship for external environment effects on performance

A model is proposed that tests the antecedents and the mediating effect of corporate entrepreneurship on the external environment-performance relationship within private and public sector organizations. Hypotheses were tested using data from a sample of chief executive officers in 51 private sector organizations in the United States, 141 private sector organizations in Slovenia and 134 public sector state and semi-state enterprises in Ireland. Data was analyzed using hierarchical regression analysis. The results show that dynamism and munificence effects on performance are mediated by an organization's corporate entrepreneurship in the private sector and munificence effects on performance are mediated by an organization's renewal in the public sector and that renewal must be in place to maximize the effect of munificence on performance. The results support a model that incorporates an extensive and diverse literature into a single model and helps illuminate similarities and differences of corporate entrepreneurship between the private sector and the public sector. The study shows that an integrative model and the interplay among the constructs yields new insights unavailable to single and focused approaches. It offers new insights about corporate entrepreneurship, not only as a discrete pursuit, but also as a construct that shapes and extends organizational performance

Fostering intrapreneurial competencies of employees in the education sector

Boon, J., Van der Klink, M., & Janssen, J. (2013). Fostering intrapreneurial competencies of employees in the education sector. International Journal of Training and Development, 17(3), 210-220.Intrapreneurship, a term coined to indicate that entrepreneurial competencies are valuable in any working context, is still a relatively new concept. So far, little attention has been devoted to the development of intrapreneurial competencies in the existing workforce. Starting from the integrated model of entrepreneurship of Bagheri and Pihie, we address the question of the extent to which this model can be applied to intrapreneurial competencies. To this end, in-depth interviews were conducted with employees and employers in the education sector. Results suggest that the model largely applies to intrapreneurship as well. An important nuance concerns the risk-taking competency. In addition, both employees and employers stress the role of the organization with respect to displaying intrapreneurial qualities in the first place and in further developing them. The article concludes with recommendations for future research and practice

A missing operationalization: entrepreneurial competencies in multinational enterprise subsidiaries

We seek to provide a comprehensive operationalization of firm-specific variables that constitute multinational enterprise subsidiary entrepreneurial competencies. Towards this objective, we bring together notions from the fields of entrepreneurship and international business. Drawing on an empirical study of 260 subsidiaries located in the UK, we propose a comprehensive set of scales encompassing innovativeness, risk-taking, proactiveness, learning, intra-multinational networking, extra-multinational networking and autonomy; which capture distinct subsidiary entrepreneurial competencies at the subsidiary level. Research and managerial implications are discussed