Bachelor Thesis from the year 2012 in the subject Business economics - Personnel and Organisation, grade: 1,0, LMU Munich, language: English, abstract: Introduction There is a growing consensus that companies should promote entrepreneurship within their organizational boundaries. This way, established companies are in a position to preserve and reinforce the innovativeness and flexibility from which many young enterprises benefit. The business strategy pursued by organizations which intentionally engage in various entrepreneurial activities is referred to as a corporate entrepreneurship (CE) strategy. The CE strategy implies the continuous development of new products and technologies as well as the flexible adjustment of internal organizational structures and processes. Thus, the pursuance of a CE strategy generally helps those organizations acting in dynamic business environments to enhance their competitiveness and economic viability. Given that today's business environments are increasingly characterized by "rapid technological evolution, glob- alization, and progressively sophisticated competitors" (Schmelter et al., 2010, p. 716), the CE strategy is recommendable for more and more companies. Nonetheless, although researchers paid increased attention to the field of CE over the last three decades, still little is known about how organizations can consciously stimulate and promote their entrepreneurial activities. Assuming that the activities conducted by organizations are substantially determined by their individual members, the more concrete question arises of how an organization can strengthen the entrepreneurial mindset and behavior of its employees. Therefore, the final aim of this thesis is to examine how human resource management (HRM) can effectively support the implementation of a CE strategy. In the course of this, the beneficial employee characteristics and behaviors for CE will be identified, the compatible HRM practices will be determined, and the me

How to promote entrepreneurship within established companies? Human Resource Management and Corporate Entrepreneurship

Business & Money

Jockenhöfer, Manuel

Business Development & Entrepreneurship

GRIN Verlag

<p>Given the dynamic of today's business environments, more and more established companies attempt to promote entrepreneurship within their organizational boundaries to preserve and reinforce the innovativeness and flexibility from which many young enterprises benefit and so enhance their competitiveness and economic viability. The strategy pursued by them is called a corporate entrepreneurship strategy. This book gives answers on the question of how an organization can strengthen the entrepreneurial mindset and behavior of its employees with the help of appropriate human resource management practices. A variety of options to encourage entrepreneurial activities is provided. In the course of a theoretical analysis, beneficial employee characteristics and behaviors for the pursuance of a corporate entrepreneurial strategy are derived. In order to provide additional insights into how organizations promote the application of such a strategy in practice, this book also includes some revealing interviews with experts from companies successfully pursuing a corporate entrepreneurship strategy.</p>

Anchor Academic Publishing

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Books by Jockenhöfer, Manuel

See the best price to sell, buy, or rent books by Jockenhöfer, Manuel. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

How to promote entrepreneurship within established companies? Human Resource Management and Corporate Entrepreneurship

How to promote entrepreneurship within established companies? Human Resource Management and Corporate Entrepreneurship