Corporate Entrepreneurship: State-of-the-Art Research and a Future Research Agenda

Managers and management scholars have traditionally embraced the premise that sustainable competitive advantage must be developed by firms to achieve and perpetuate competitive superiority. Additionally, strategic entrepreneurship as part of the CE construct recognizes not only the disruptive aspect of Schumpeterian innovation, but also the generative, path creating, new business creation aspect that may be inherent in breakthrough innovation, where firms struggle to understand how to execute opportunities in the face of high levels of uncertainty on multiple dimensions. The primary criteria for publication in leading scholarly outlets are the rigor and thoroughness of the research under consideration. Firm performance was assessed using a subjective measure and corroborated through correlations with objective secondary data. Results indicate that, consistent with prior research, EO is a significant and positive predictor of firm performance.