Edited by Steven W. Floyd and Bill Wooldridge
Chapter 7: Middle managers: the lynchpins in the corporate entrepreneurship process
This chapter reviews the evolution of corporate entrepreneurship (CE) over the last four decades. Initially seen as incompatible within established organizations, (corporate) entrepreneurship is now recognized as a fundamental way in which organizations renew their competitive positions and enter new businesses. The chapter identifies five stable antecedents of middle managers’ entrepreneurial behavior, arguing that managers are most likely to act entrepreneurially when these five conditions are widely known and accepted. The chapter then describes middle managers’ role as “lynchpins” of CE activity and outlines four key challenges that middle managers face in the CE process. The chapter concludes with a discussion of research challenges and priorities for researchers.
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