Skip to main navigation Skip to search Skip to main content

Determinants and effects of corporate entrepreneurship in developing economies : a multilevel analysis

Student thesis: Doctoral thesis

Abstract

The phenomenon of entrepreneurship within firms has valuable consequences for the performance of firms, innovation, and economic development. In developing countries, it provides means through which firms can renovate activities, reconfigure resources, and shift the entrepreneurial attitudes essential to competing in such considerably uncertain environments. Therefore, policymakers and researchers are interested in an improved understanding of this phenomenon. The main objective of this research is to study the environmental, organizational, and individual determinants of entrepreneurial activities and their effects on existing firms in developing countries. The methodology of this research is mainly quantitative with data from the Global Entrepreneurship Monitor (GEM), Heritage Foundation, and the World Management Survey, as well as self-reported data from Colombian firms. The following techniques have been employed throughout this doctoral thesis: systematic literature review, multilevel logistic regression, structural equation model (Partial least squares), and probit with sample selection. The main results highlight the following: (1) research on the field comprises three main thematic classifications: Determinants and effects of corporate entrepreneurship, Determinants of intrapreneurship and performance, Dynamic capabilities and corporate entrepreneurship, (2) Informal institutions (fear of failure and media attention) are relevant predictors of intrapreneurship, in both developed and developing countries. In addition, the moderation of economic freedom as a formal institution differs depending on the economic development context. In developed countries, economic freedom enhances to a greater extent the relationship between social status and intrapreneurship, as well as between media attention and intrapreneurship. (3) We also find that dynamic capabilities mediate the relationship between institutions and corporate entrepreneurship. In addition, institutions boost performance and lead to the development of a set of dynamic capabilities that generate corporate entrepreneurship and improve performance in Colombian firms. (4) In addition, advanced operational practices and target setting practices encourage individuals to become intrapreneurs instead of independent entrepreneurs, and (5) formal institutional context factors such as government programs; R&D transfer; and internal market dynamics affect the main processes and resources that shape the potential competitive advantages that result from intrapreneurship in Latin America. Finally, this thesis has theoretical and practical implications. We employ an international comparative perspective that may contribute to enhance the literature in a field that needs more research. This research has implications for managers who want to foster corporate entrepreneurship and intrapreneurship in their firms. Similarly, these results may be helpful for governments interested in designing policies to develop economic growth through entrepreneurship activities and innovation in developing countries.
Date of Award4 May 2023
Original languageEnglish
SupervisorAndreu Turro Sol (Director) & David Urbano Pulido (Director)

Cite this

'