Premium
U.S. industrial intracorporate entrepreneurship practices
Author(s) -
Susbauer J. C.
Publication year - 1973
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1973.tb01018.x
Subject(s) - optimism , entrepreneurship , competition (biology) , business , product (mathematics) , action (physics) , new ventures , industrial organization , resource (disambiguation) , finance , psychology , social psychology , ecology , computer network , physics , geometry , mathematics , quantum mechanics , computer science , biology
This article reports the intracorporate entrepreneurial program (ICEP) practices, or‘venture management’ activities, of 210 American industrial firms. The survey reveals a growing concern among US. industrial enterprises about increasing competition and outlines a viable action‐oriented response to these competitive pressures. Motives for creating long‐term resource commitments to the creation of new product ventures and new technology divisions in existing companies are explored. A preliminary assessment is made of the effect of such programs on the human resources and performance measures of the organization. A cautious optimism for the successful continued growth of such programs is argued.