1 Department of Management, Aarhus School of Business, Aarhus BSS, Aarhus University
Confusingly, the concept of corporate entrepreneurship has been used by researchers to explain various organizational phenomena such as ways of managing, strategy and innovation. This has led to an abundance of labels and perspectives and a consequent lack of clarity, since the labels have been used interchangeably. This article reviews the literature in order to provide an overview and categorization of corporate entrepreneurship. The aim is to contribute to a clarification of the concept by identifying the key perspectives. Because of the lack of a unifying theoretical base for the entrepreneurship phenomena - due to, for example, its interdisciplinary grounding in economics, sociology and psychology - a framework for corporate entrepreneurship will be developed, consisting of intrapreneurship and exopreneurship, which are further broken down into four complementary perspectives: corporate venturing, internal resources, internationalization, and external networks. It is hoped that, together, these four perspectives will give the reader a clearer understanding of corporate entrepreneurship and thereby improve the basis for managerial decisions.
International Journal of Management and Enterprise Development, 2004, Vol 1, Issue 4, p. 301-315