Exploitation of Entrepreneurial Opportunities in the Corporation: An Exploration of Functional-Level Support, Decision Autonomy, and Performance

Dilene R. Crockett, G. Tyge Payne, Jeffrey E. McGee

Research output: Chapter in Book/Report/Conference proceedingChapter

2 Scopus citations

Abstract

This chapter examines the role that resource support and decision autonomy play in the successful launch of corporate entrepreneurial initiatives. Specifically, this study assesses whether entrepreneurial initiatives receiving higher levels of support from top management and more resource contributions in key functional areas actually have higher levels of performance. Additionally, this study investigates whether or not the entrepreneurial initiatives that receive greater decision autonomy in the same critical functional areas will experience higher levels of performance. Hypotheses arguing these points are tested using data obtained from the Internet divisions of major metropolitan newspapers. This allows for the discovery and evaluation of an opportunity (i.e., the Internet) to be held constant, so that a better understanding of the exploitation stage of the entrepreneurial process might be obtained. Results suggest the importance of resource support and decision autonomy to initiative performance, but with more importance being placed on the marketing functional group for resource support and the accounting and legal functional areas for decision autonomy.

Original languageEnglish
Title of host publicationEntrepreneurial Strategic Processes
EditorsG.T. Lumpkin, Jerome Katz
Pages33-63
Number of pages31
DOIs
StatePublished - 2007

Publication series

NameAdvances in Entrepreneurship, Firm Emergence and Growth
Volume10
ISSN (Print)1074-7540

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    Crockett, D. R., Payne, G. T., & McGee, J. E. (2007). Exploitation of Entrepreneurial Opportunities in the Corporation: An Exploration of Functional-Level Support, Decision Autonomy, and Performance. In G. T. Lumpkin, & J. Katz (Eds.), Entrepreneurial Strategic Processes (pp. 33-63). (Advances in Entrepreneurship, Firm Emergence and Growth; Vol. 10). https://doi.org/10.1016/S1074-7540(07)10003-9