Open Access
The impact of intrapreneurship strategy on business performances of Italian companies
Author(s) -
Vojislav Babić,
Siniša Zarić,
Rossana Piccolo
Publication year - 2021
Publication title -
obrazovanje za poduzetništvo - e4e
Language(s) - English
Resource type - Journals
eISSN - 1849-7845
pISSN - 1849-661X
DOI - 10.38190/ope.11.2.10
Subject(s) - intrapreneurship , business , entrepreneurship , profitability index , order (exchange) , productivity , marketing , industrial organization , knowledge management , finance , economics , computer science , macroeconomics
Intrapreneurship is a decentralized managementstrategy applied in large and medium-sized companies. The strategy enablesemployees to use their entrepreneurial skills for the benefit of both thecompany and the employee. Talented employees get the opportunity to createideas, undertake innovative ventures, to experiment, to gain access tofinancial resources and other resources in order to encourage innovative changeand results. The creator of the idea was the Pinchot couple in 1978, but tothis day the concept has undergone several evolutionary waves (Antoncic, 2020).The intrapreneurship strategy positively affects the agility in the company,raises efficiency, has a positive effect on team spirit, increasesproductivity, reduces costs and raises profitability. The main goal of thepaper is to analyze the level of intrapreneurship presence in large andmedium-sized companies in the Italian region of Campania. The influence ofintrapreneurship parameters on companies' business indicators is also measured.An instrument for measuring intrapreneurship was created for the needs ofpaper. The instrument measures the presence of autonomous teams in the company,the possibility of taking business initiative, speed of access to resources fortesting purposes and realization of new business ideas, encouraging risk withthe aim of realizing business ideas, mobility of resources within the company,the degree of management tolerance in order to realize new business ideas ofemployees, the presence of rewards, the level of management support at alllevels, the number of hierarchical levels in the company and the role ofcrowdsourcing in the development of internal entrepreneurship. After factor andregression analysis, Factor 1 has a dominant impact on all three businessindicators, while Factor 2 has a smaller but statistically significant impacton the company's volume of business and investments