Corporate entrepreneurship as knowledge creation and conversion: the role of entrepreneurial hubs

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38 Scopus citations

Abstract

Corporate entrepreneurship (CE) is an important means for inducing innovation, revitalizing organizations, and enhancing productivity. It is also the source of new knowledge that allows companies to create capabilities to enter new markets and achieve growth. This article highlights key findings from a 25-year-long stream of research, conducted in several countries, that shows how CE creates knowledge and the variety of knowledge that emerges from different CE activities. It also explains the role of entrepreneurial hubs in capturing, accumulating, converting and translating, and integrating this knowledge, enabling companies to build new revenue streams. The role of these hubs is pervasive, calling for engaged management and creativity in building linkages within and across the different units of an organization. Knowledge, the foundation of competitive superiority, is clearly one of the most important products of CE in today’s dynamic global markets.

Original languageEnglish (US)
Pages (from-to)727-735
Number of pages9
JournalSmall Business Economics
Volume44
Issue number4
DOIs
StatePublished - 2015

Keywords

  • Corporate entrepreneurship
  • Entrepreneurial hubs
  • Knowledge conversion
  • Knowledge creation
  • Knowledge integration

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