By Fabian Elias Diefenbach
Entrepreneurship is frequently thought of a technique for public area businesses to raised serve the general public. yet what are the drivers for entrepreneurship in such enterprises? And does entrepreneurship relatively create price? to reply to those questions, Fabian E. Diefenbach develops a examine version in line with a accomplished overview of the literature on inner most zone company entrepreneurship, public entrepreneurship, and public price administration. The empirical analyses establish 5 drivers of entrepreneurship and express a good impact of entrepreneurship on price production. This booklet concluded with a close dialogue of the implications, and importantly, their implications for public region managers.
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Additional resources for Entrepreneurial Orientation in the Public Sector: When Middle Managers Create Public Value
In today’s literature, the Austrian economist Joseph Alois Schumpeter is often seen as the intellectual father of modern interpretation of entrepreneurship (Antoncic & Hisrich, 2001, p. 495; Bernier & Hafsi, 2007, p. 489; Burgelman, 1984, p. 164; Covin & Slevin, 1991, pp. 10–11; Lumpkin & Dess, 1996, p. 142; Miller, 1983, p. 770). Schumpeter defines an entrepreneur as a person “whose 3 Sharma and Chrisman’s (1999, p. 20) hierarchy of terminology in corporate entrepreneurship (CE) then further categorizes types of CE into strategic renewal and corporate venturing (based on Guth and Ginsberg (1990, p.
Those who take hands-on responsibility for creating innovation of any kind within an organization. e. e. ” “[…], new entry explains what entrepreneurship consists of, and entrepreneurial orientation describes how new entry is undertaken. […] An EO refers to the processes, practices, and decisionmaking activities that lead to new entry. ” “Another term for the number of events (new products, service, processes) in which a firm becomes involved is entrepreneurial frequency. Similarly, the extent to which any one event is innovative, risky, and proactive can be termed the degree of entrepreneurship.
E. 1007/978-3-8349-6816-6_3, © Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2011 32 Entrepreneurship in the Public Sector study, for the sake of conceptual clarity, private sector organizations will refer to privately owned firms that get most of their resources from private sources and are not subject to extensive government regulations; while public sector organizations will refer to government-owned and government-funded organizations (based on Rainey, 2009, p. 80). Empirical evidence from literature reviews reveals important differences between the sectors.
Entrepreneurial Orientation in the Public Sector: When Middle Managers Create Public Value by Fabian Elias Diefenbach