Effect of corporate entrepreneurship on employee innovative characteristic development among selected companies in the Philippines

College

Ramon V. Del Rosario College of Business

Department/Unit

Decision Sciences and Innovation Dept

Document Type

Conference Proceeding

Source Title

Business and Economics Virtual Conference

Publication Date

4-16-2021

Abstract

Developing an entrepreneurial mindset for the organization and its employees is a challenge as researchers stressed that enabling conditions and mechanisms trigger individuals’ readiness for employee innovative characteristic development. The study focuses on the effect of corporate entrepreneurship on employees’ innovative and intrapreneurial behavior since most literature tackled only the effects on the organizational setting and only a few have done studies about its effects on instilling innovativeness at the individual level.
Corporate entrepreneurship factors such as management support, work discretion, rewards/reinforcements, time availability, and organizational boundaries are the independent variables that are linked to the dependent variable, employees’ innovative characteristic development. The characteristic development includes innovative behavior for idea exploration, idea generation, idea champion, and idea implementation; and intrapreneurial behavior that includes proactiveness, innovativeness, and risk-taking.
Employees working in a company that practices corporate entrepreneurship were surveyed and has revealed that corporate entrepreneurship factors, particularly time availability and work discretion, have effect on employees’ innovative and intrapreneurial behavior. Both showed better effects than the rest of the factors toward the development of innovative behavior of an employee.
It can be concluded that employees do not show potential intrapreneurial behavior until management presents an opportunity to show those emerging behavior. The clear intention and commitment of the management to intrapreneurship is an antecedent to any entrepreneurial activities within the firm.

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Disciplines

Entrepreneurial and Small Business Operations

Keywords

Entrepreneurship—Philippines; Employees—Philippines—Attitudes

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